Exploring Blockchain and Smart Contract Technology for Reliable and Secure Land Registration and Record Management

【Author】 Soner, Swapnil; Litoriya, Ratnesh; Pandey, Prateek

【Source】WIRELESS PERSONAL COMMUNICATIONS

【影响因子】2.017

【Abstract】The most significant issue in the government registry department is the duplicate registry of land in the current scenario. These kinds of problems are increasing day by day by day, which necessitates the advancement of the existing registry process system. It is a manual process that a typical stamp-based or newly not secure online process (only a few places). Use of a manual process, there are many issues in the duplicate registry of a particular land. The final registry, where the landlord has a stamp paper copy and sale deed or a specific number of the property. One receipt copy at the land registry department for their record. Blockchain has emerged as a new technology to resolve or handle the above-said issue of the current system, a distributed ledger that is a timestamp and immutable. Being immutable, forgeries related to the particular land during the registry are not allowed. This concept provides trust and consensus among all entities in the network or system. In this paper, we propose a framework for automated maintains a record of registry papers. This framework will also resolve the most effort to loan clearance operations and provide transparency in government e-governance. The system handled by the blockchain network, instead of existing typical manual processor online registry record maintain the process, it includes: An authentication scheme at multiple levels to make the blockchain-based framework secure, a quick verification for all the stack holders (bank, registry department, buyer, and seller), and apply Smart Contract to automate check the loan process as government norms and facilitate buyer and seller selling and purchase. The obtained consequences are examined against the latest approaches to indicate the supremacy of the proposed framework and provide transparent, accountable, incoherent data with the different government departments.

【Keywords】Blockchain; Stamp; Registry; Authentication; Smart contract

【发表时间】2021 DEC

【收录时间】2022-01-02

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