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Block-Chain Land: A Secure and Immutable Real Estate Record Keeping System

. Zulfiqar Hussain Pathan, Asif Aziz, Ahmed Sikandar, Muhammad Zahid Tunio, Hassan Nadeem, Asif Ahmed Khan & Shahzaib


Abstract

The real-estate business has extensive struggled with the requirements of fraud, intermediaries, and other concerns to be faced in record-keeping. As conventional record-keeping approaches are not sufficient in this digital era, even those methods found quite time-consuming, and horizontal to scam, which wear away trust between the parties and constraint communication. The aim of this research is to propose the development of Block-Chain (BC) Land for Immutable Real Estate Record Keeping System. BC Land is a sophisticated mechanism which could be utilizes as a prior advantage to get a safer, active efficient, and untraceable way to maintain real estate information. With the use of a prominent BC and smart contracts, the system will automate various activities such as ownership transfers, speedy process of transaction and elimination of middle intermediaries. BC Land provide a widely distributed ledger which ensure transparency and immutability and enable produce a transparent & verifiable record of ownership that may be used as ownership proof in court and for dispute resolution. All the steps including planning, designing, testing, deploying and regular maintenance were carried out to create BC Land application.

 

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