Authors :
Ghanapuram Renuka; Dr. K Suresh Babu
Volume/Issue :
Volume 6 - 2021, Issue 12 - December
Google Scholar :
http://bitly.ws/gu88
Scribd :
https://bit.ly/3p5rmrk
Abstract :
Land registration is a very slow and bungle
some process. It involves a lot of intermediaries in the
process of land registration, which leads to unnecessary
spending. It is also a lengthy process and eats our time.
Developing a system that is not only accelerate the process
of land registration, but also makes it easier for the users
(buyers and sellers) and government officers to transfer
the land title from seller to a new buyer. it can be viable
with the aid of creating a allotted system that stores all of
the transactions that are made at some point of the
manner of land ownership.
Here I am trying to implement is based on Ethereum
Block chain which will store all the transactions made
throughout the system of land possession switch.
Blockchain has a concept of smart contracts, by using
this, we can trigger various events like fund transfer from
buyer to seller after successful completion of the land
ownership transfer and accessing of land recordsto a land
inspector. This blockchain technology will solve the
problems faced by all the three parties (buyer, seller and
government officials)during the land ownership transfer,
and it will also remove the intermediaries like property
dealers. This system design makes the process of land
registration resilient and decreases the cases offrauds in
the registration process. By using Land registration using
Ethereum blockchain, validation of the land registration
is additionally viable as immutable transactions are being
saved in the public ledger (PL)
Keywords :
Blockchain; Transactions; Smart Contracts; Immutable; Land Registration.
Land registration is a very slow and bungle
some process. It involves a lot of intermediaries in the
process of land registration, which leads to unnecessary
spending. It is also a lengthy process and eats our time.
Developing a system that is not only accelerate the process
of land registration, but also makes it easier for the users
(buyers and sellers) and government officers to transfer
the land title from seller to a new buyer. it can be viable
with the aid of creating a allotted system that stores all of
the transactions that are made at some point of the
manner of land ownership.
Here I am trying to implement is based on Ethereum
Block chain which will store all the transactions made
throughout the system of land possession switch.
Blockchain has a concept of smart contracts, by using
this, we can trigger various events like fund transfer from
buyer to seller after successful completion of the land
ownership transfer and accessing of land recordsto a land
inspector. This blockchain technology will solve the
problems faced by all the three parties (buyer, seller and
government officials)during the land ownership transfer,
and it will also remove the intermediaries like property
dealers. This system design makes the process of land
registration resilient and decreases the cases offrauds in
the registration process. By using Land registration using
Ethereum blockchain, validation of the land registration
is additionally viable as immutable transactions are being
saved in the public ledger (PL)
Keywords :
Blockchain; Transactions; Smart Contracts; Immutable; Land Registration.