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My Land My Will A Novel Blockchain Based Land Registry System

. Rohan Vashist, Saumya Swarup, Sneha Sood, Anamika Chauhan and Anupama


Abstract

In India, land registration has always been a tedious task involving a horde of people, starting from the seller and buyer to the middlemen. The process of land registration is decades old, costly, time consuming and in the form of paperwork. Discrepancies in documents, such as counterfeit titles and a complete loss of the record, were extremely prevalent. Such circumstances result in costly judicial fights between opposing parties. Since the digital era has arrived, there have been attempts to digitalize and centralize this system, but issues like security and transparency are still exist. A blockchain is a distributed, immutable ledger that makes recording transactions and tracking assets easier. The immutability, auditability, and traceability of blockchain are luring governments all over the world to use the decentralized technology in property registration. In this proposed solution, a blockchain-based land registration system is designed and developed using high-end technologies to accelerate the process of registration. An additional 'Will' feature for registered properties has also been added. It has been concluded that the developed system can be successfully used based on its experimental use. It is a good alternative to the current procedure as it is modern and can yield better results.

 

Keywords—Land Registry, Blockchain, Ethereum, Smart Contracts, ReactJs

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