International Research Journal of Engineering and Technology (IRJET)
e-ISSN: 2395-0056
Volume: 10 Issue: 04 | Apr 2023
p-ISSN: 2395-0072
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Land Registration System Using Blockchain Technology Aakash Shrestha1, John Saud2, Niraj Kumar Rauniyar3, Sindhu k4 1,2,3
EIGHT SEMESTER, DEPT. OF CSE, SAMBHRAM INSTITUTE OF TECHNOLOGY, BENGALURU-560097
4ASST PROFESSOR, DEPT. OF CSE, SAMBHRAM INSTITUTE OF TECHNOLOGY, BENGALURU-560097, INDIA
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Abstract – Land registration is a critical process that
and documented with it, is irrelevant. Crucially, later transactions build on previous transactions and confirm them as correct by demonstrating knowledge of past transactions. Bookings do not necessarily have to be property transfers, but it can also be a formal confirmation of the existence of all necessary documents by the notary so that a notarized land purchase agreement can be made. Thus, individual processing steps of the process of transfer of ownership could be speeded up and made more transparent, so that the parties involved can at any time have an overview of the status of proceedings.
involves the legal recording of land ownership, rights, and transactions. The current land registration systems in many countries often face challenges such as corruption, inefficiency, and lack of transparency. Land Registration is a use case which involves lot of middlemen and central authorities in the process which then puts trust in the system. Keeping traces of who owns which part of land is challenging when there are hundreds or thousands of land records to maintain. Using Blockchain will remove the middlemen in the system and also will reduce corruption and increase speed of the process. Land Registration is a simple decentralized application which is build using the Ethereum Blockchain principals. We can use this registration procedure as an substitute to bypass the existing system flaws. Here the user who owns the land registers his land details and also enters market value of the land by providing all the necessary proofs. A government authority who traditionally looks into land registry is assigned as a land inspector can do the registration process. Lands coming under a particular village can be registered to the system only through the inspector who is assigned to that village. The smart contract used here is written in such a way that the owner has to transfer his property completely to the buyer and no transaction of the land can be partial. Even we allow a government authority is involved in registration process, the entire process is transparent and the transaction happens only between the two clients.
2. LITERATURE SURVEY Blockchain for Land Administration" by Tarek Zein and Rohan Bennett (2018): This paper explores the use of blockchain technology in land administration, including land registration. It discusses the benefits and challenges of using blockchain for land registration and provides a case study of a blockchain-based land registry in Sweden. "A Comparative Analysis of Land Registration Using Blockchain Technology" by Ismaila Temitayo Sanusi et al. (2019): This study compares the use of blockchain technology for land registration in Nigeria and Ghana. It analyzes the benefits and challenges of using blockchain for land registration and evaluates the feasibility of implementing blockchain-based land registries in these countries.
Key Words: Blockchain, Ethereum, Smart Contracts, Ganache, Metamask, Ganache, Truffle.
"Blockchain-Based Land Administration: A Review of Applications and Potentials" by Julius Oladele Ogunyemi et al. (2021): This paper provides a comprehensive review of blockchain-based land administration systems, including land registration, around the world. It evaluates the strengths and limitations of these systems and identifies the key challenges and opportunities for further research in this field.
1. INTRODUCTION A blockchain is a continuously expandable list (chain) of records (blocks) that are connected via encrypted data exchange. Each block typically contains a reference to the previous block, a timestamp, and transaction data. One of the most popular blockchain applications is the cryptocurrency Bitcoin. Due to the fact that the transaction data on all applications (clients) are visible for everyone and traceable stored, this system is considered tamper-proof and transparent.
Analyzing various test cases Arturo Castellanos and Raquel Benbunan-Fich: proposed digitization of land records. They experienced that the internal process plays a feasible role in Blockchain digitization of land records. Digitizing land record will reduce the time delay caused in traditional process and speed up the process. A survey in Georgia and it has been found tha t the rate of fraud is reduced after implementation of Blockchain in land records.
With the use of blockchain, it is possible to run a continuously expandable list of bookings decentralized and the respective proper state must be documented because many participants are involved in the bookkeeping. This concept is referred to as Distributed Ledger technology (decentralized booking technology). What should be booked
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