Blockchain-Based Smart Contracts for Land Title Registry Opportunities and Adaption for fiji
Blockchain-Based Smart Contracts for Land Title Registry Opportunities and Adaption for fiji
Rishal Ravikesh Chand,Shawkat Ali,Peng Zhang
2023 · DOI: 10.1109/Blockchain60715.2023.00048
International Congress on Blockchain and Applications · 0 Citations
Abstract
The current situation of Land Registration in Fiji is a time-consuming set of procedures that requires liaising with various middlemen and intermediaries where each would have a different hidden cost and numerous delays with documentation. This paper highlights the issues faced by new buyers, such as dealing with fraudulent agents, lack of transparency, accountability, and delays within the entire process. Therefore, we propose a new secure system of transferring land ownership with increased transparency and security using blockchain technology.
