Â
The Rise of Phantom Property â Whatâs Actually Happening
Thereâs a quiet land grab happeningâone without bulldozers, boundary markers, or even boots on the ground. In boardrooms and investor decks, a new breed of tech startup is pitching a future where land ownership is determined not by surveys, deeds, or courts, but by algorithms. Blockchain-based title systems. AI-generated land records. Tokenized real estate. These arenât just buzzwords anymoreâtheyâre the front lines of an emerging threat that could fundamentally sever legal ownership from physical ground truth.
And the surveyor? Nowhere in sight.
Hereâs the pitch these startups are selling: Why rely on outdated systems, slow bureaucracies, and âexpensiveâ professionals to manage land records, when we can automate everything? Just upload old maps, scrape tax data, stitch together some GIS layers, and use artificial intelligence to âpredictâ property boundaries. Register the result on a blockchain, issue a digital token, and boom