Blockchain property title ledger to be initiated



The VSJ Token is adapting a Blockchain ledger to record property title transfers as a parallel action to the traditional property search and recording practices. The expectation is that as we sell properties the ledger record will be accepted as a valid search, and that in the near future, Puerto Rico will be able to covert to a ledger registry. One of the driving forces is the fact that most Puerto Ricans simply don’t have any evidence of title, which was one of the reasons FIMA couldn’t assist a number of residents after Hurricane Maria.


This is really great news and progress.