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Is a Blockchain-based conveyance system the next step in the financialisation of housing? The case of Sweden

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  • PROSKUROVSKA Anetta
  • DÖRRY Sabine

Abstract

This paper investigates the social and economic mechanisms of a blockchain technology in the area of land administration. In particular, it focuses, first, on an emerging blockchain-based solution in Sweden to change and improve its land administration system (LAS), and, second, on the 'upgraded' LAS' potential impacts to create more complex financial derivatives based on land and the built environment. We investigate how these changes influence housing markets at the interface with financial markets and how these changes impact on the economic organisation of the different stakeholders involved in these processes. The argument is developed using the case of Sweden, where Lantmäteriet, a government agency, is pioneering the use of blockchain technology for real-estate conveyance.

Suggested Citation

  • PROSKUROVSKA Anetta & DÖRRY Sabine, 2018. "Is a Blockchain-based conveyance system the next step in the financialisation of housing? The case of Sweden," LISER Working Paper Series 2018-17, Luxembourg Institute of Socio-Economic Research (LISER).
    • Handle: RePEc:irs:cepswp:2018-17
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    Cited by:

    1. Dulani Jayasuriya Daluwathumullagamage & Alexandra Sims, 2020. "Blockchain-Enabled Corporate Governance and Regulation," IJFS, MDPI, vol. 8(2), pages 1-41, June.

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    More about this item

    Keywords

    Blockchain; land administration systems; conveyance workflow; housing; financialisation;
    All these keywords.

    JEL classification:

    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
    • I30 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General
    • K11 - Law and Economics - - Basic Areas of Law - - - Property Law
    • L14 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Transactional Relationships; Contracts and Reputation
    • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe

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