A Survey Analysis on Decentralized Land Registry System Using Blockchain and Smart Contracts
A Survey Analysis on Decentralized Land Registry System Using Blockchain and Smart Contracts
K. Narayanaprakash,P. D. S. K. Malarchelvi,3 Authors,N.Suresh Kumar
Abstract
This study investigates the potential use of blockchain technology and smart contracts to construct a decentralised land registry system. It looks at the problems with traditional land registry systems and provides a technical breakdown of how to create a blockchain-based land registry system. The research also evaluates the countries that have already adopted such systems and discusses the possible adoption of a blockchain-based land register system in India. The implementation of a blockchain-based land registration system, per the research, can increase the security and efficacy of land transactions, reduce fraud and mistakes, and promote economic growth.
