Big Data and Privatisation of Registers – Recent Developments and Thoughts from a Torrens Perspective
2018 (7) European Property Law Journal 1
31 Pages Posted: 20 Feb 2019
Date Written: January 28, 2018
Torrens jurisdictions in Canada and Australia have recently privatised the operation of their registries. This trend is continuing. The imperatives to do this are overwhelming given the realisation of the value of material available from these registries makes them ripe for exploitation. This gives the Government an opportunity to distance itself from risk as well as derive income from imposed licence fees. This move is inevitable as we move continually towards an increasing awareness of the commercial value of Big Data. The issue is therefore how to responsibly manage this development on terms that both protect the retained data and the credibility of the operation of the registry.
Keywords: big data, privatisation, credible operation of automated land registries, trends to privatise land registry operations
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