Since September, rents for 301 state-owned plots of farmland have been set through electronic auction

Monday, February 11, 2019
Since September, rents for 301 state-owned plots of farmland have been set through electronic auction

Since September, rents for 301 state-owned plots of farmland have been set through electronic auction, reports the Justice Ministry. Using Blockchain technology, OpenMarketLand has been the electronic platform, often serving to set land lease prices in a transparent way. So far, the government has netted $1.1 million through the new leasing system.

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