Blockchain enabled Digitization of Land Registration
R.C. Suganthe, N. Shanthi, R.S. Latha, K. Gowtham, S. Deepakkumar, R. Elango
Abstract
In India, the Land Registry System is a very time-consuming procedure that requires many intermediaries, thus increasing the number of fraudulent cases. The use of Blockchain Technology for Land Registry Management can eliminate these problems. Blockchain is simply a data structure where each block is connected to another block. It is a distributed data ledger with an immutable public record of digital transactions. The key features of this technology are, the data in the block are immutable which is achieved by using hashing algorithms, cryptography techniques and consensus mechanisms which are done before adding a block into the blockchain. Even though there are limitations in Blockchain technology like, it is complex to implement and not as much fast as the centralized system. Also, there is a need of miners to validate the transactions but these can be overcome by using appropriate consensus mechanisms. In India, the Land registration process is one of the tedious process and most often people are not aware of the entire rules to be followed during registration process. Also, more documents need to be verified and thus it takes delay in completing registration. In addition to this, the middlemen collect bribes to complete this process. Mistakes also may occur while processing land records. The aim of this work is to develop a land registry system using Blockchain with a detailed and user-friendly feature with high reliability and good interface. It mainly focuses to cover the rules and procedures stated by the Indian Government regarding land registration. It ensures the enhanced security and accuracy of records.