Digitalization of Land Records using Blockchain Technology
Ishita Mishra, Supriya Supriya, Astha Sahoo, M. Vivek Anand
Abstract
In sectors that require to be shielded from corruption, human error or human intervention, Blockchain features a comprehensive approach. The Land Registry is one of the cases in which many intermediaries use the framework to position their trust. The solutions currently in place are obsolete. When you've got thousands of land records, it's difficult to track who owns which pieces of property. It is very normal to face inconsistencies for example, falsified identities, forged materials and complete record loss inside the paperwork. These situations result in expensive court battles between the parties to the dispute. The transparent nature of the blockchain will make it possible to trace the property's hands. The immutable, auditable and traceable features of Blockchain entice governments round the world to implement decentralized technology within the process of land registration. With the potential of The blockchain to demonstrate authenticity will, without a need for third-party verification, legally pass land ownership to the customer.