The Application of Blockchain Technology to Land Registration

Abstract

Blockchain is a new concept that makes use of various approaches, such as mathematics, computation, cryptography, financial models, etc. In this implementation, blockchain is used to record transactions involving digital tokens in preparation for a decentralised land registry. There are four parties involved in this exchange: the registrar, the buyer, and the seller. In light of the close-by land registration procedure, they express themselves. Registration and login are required on the homepage for admin, seller, buyer, and registrar access. Land details such as owner, size, file, document, price, and other details are provided by the seller to the sub-register office, where they are verified by an official and then forwarded to the buyer. Each digital currency transaction is recorded in chronological order so that users can track it without needing to maintain a centralised ledger. Since its inception, the potential uses of blockchain technology have been expressing positive results. Although there have been numerous studies conducted on blockchain security and protection concerns, a comprehensive analysis of blockchain frameworks' security has yet to be conducted.