Hey BTC enthusiasts! 🎉 Baltimore is turning to blockchain to solve its vacant homes problem! 🏚️ The city is investing $225,000 in a 3-year pilot project with Medici Land Governance to create a secure and efficient blockchain-based database for its 13,600 vacant properties. 🏡

This innovative move will speed up the process of acquiring, fixing up, and selling homes by eliminating the need for multiple title searches. 🚀 Baltimore solicitor Ebony Thompson says the city will now keep an immutable chain of custody, making it easier for homes to change hands to new developers and residents. 🌟

This blockchain solution could also unlock a $9.3 trillion opportunity for the world's poor by providing them with property deeds for their land, homes, and unregistered businesses. 🌍 By recording ownership and opening liquidity, smart contracts could help impoverished populations draw lines of credit against their homes, fueling economic development. 💰 Let's hear it for blockchain making a real-world impact! 🙌