Summary:
For decades the developed world has tried to help the developing world
Peace Corp 1961
World Bank 1940s
USAID 1960s
We could list more, however the question is, what do we have to show for our efforts?
Most developing countries suffer from corruption and mismanagement
If the above organizations had required surveying mapping
Public Land Records
Lending to individuals along with governments
Required political leaders to surety bond using personal homes and real estate to as collateral
Promoted individual ownership of land with public records
Property taxes public records
The developed world would have more to show for the decades and trillions of dollar
Individual ownership of property saves lives
Property Rights and Human Rights go hand in hand
The right to raise your children in a secure domicile
Dr Hernando De Soto Perú (The mystery of Capital and The Other Path)
Economic ideas recognized but difficult to implement until now
Microlending entices phone app registrations. Microloans using blockchain cryptocurrency, funding transactions become traceable. Phone app users digitally register their business. Business owners and homeowners use apps to survey their land boundaries. As data is uploaded we convert squatter rights to homestead rights. We are creating a database for public records and property taxes. Cryptocurrency = Goods and Services bypassing paper currency starves corrupt leaders of their tax revenue. Crypto digit dollar barter system. Microlending can be targeted to encourage economic migrants to stay in their home countries and have ownership of land. Eventually the government sees steady tax revenue through property taxes. Over time all land ownership records become digital and public. Voters begin to see who owns what land and are they paying their taxes. Sunshine is the best disinfectant.
Large swaths of land can be surveyed using drone technology
Areas held by drug cartels or guerilla group can be offers land in exchange for guns
Microloans for farming, schools, hospitals using homes and business for collateral
Police and Military are offered land and homes for their service
The land is no longer a dormant asset, tax revenues fund the government and everyone has a stake
As the database grows economies evolve
Crypto becomes the currency of choice eliminating $100 dollar bills in suitcases
Registration of business creates ownership which can be sold for profit
Transferring title from seller to buyer is shortened real estate markets grow
Insurance and Banking follow
Blockchain replaces title insurance and the need for attorneys
The cost of printing currency is eliminated
Once tiles to real estate are establish foreign purchases of real property increase
As developing countries stabilize rules for foreign investment of land and ownership rights
More money flows to the country as foreigners are allowed to take tile and they pay taxes
Having a clear chain of title creates a title chain for future investigations
Legal law suites with assessed judgments now have a real property asset to lien
Life liberty and the pursuit of … PROPERTY the original words from Jefferson
We know this is not a panacea but only a small piece of a complicated puzzle
Create a peer to peer microloan platform to fund micro business in developing countries
Peer to peer allows individuals to connect bypassing local government officials who might impede success
Digital records, property coordinates and photos help establish ownership records which become a basis for future detailed land surveys
Overtime, the database becomes the official document database used by the local government to collect property taxes
Geovault public record access brings Sunshine to ownership records for business and residential use
Land surveys and chain of title ownership records exposing who owns what will help stabilize developing countries
These records can be used for property taxes collection and accesses digital public land records
Youtube videos will help explain benefits to government and business leaders
Phase two uses drone surveys to establish "as is" property boundaries creating the "invisible infrastructure"
"As Is" meaning where people squatted on land now becomes homestead land with sweat equity work improvement requirements and property tax assessments
Transforming Squatter Rights into Homestead Rights and Ownership
Developing countries are in need of funding
Business associations like the Filipino Chamber of Commerce
Introduce microlending to their members
This becomes a benefit the chamber can offer to existing and new members
The Chamber shows the benefits of having a GEO Map location for business ownership searches and GEO ID location
The Philippines have been hit with Typhoon, Tsunami, Volcanoes and Earthquakes
Land ownership records have been destroyed
The Chamber can offer digital document protection
Free download for registration and application for loan funding
Microloan funding is subject to peer to peer introduction success and peer funding
Goal of app to create a searchable business database of homes and businesses
Google Longitude and Latitude coordinates and street view photos
Searchable by name, business name, category, location and reviews
Blockchain documentation for real estate sales and business sales
Cryptocurrency Blockchain tracking funding and payback creating credit reports for borrowers