INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2456-4184 | Impact factor: 8.76 | ESTD Year: 2016
Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 8.76 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI)
Land and real estate can be recognized as one of the
core assets in any country in the world. Governments spend a great
deal of money identifying, defining, managing and maintaining
transactional information relating to national land and property.
Establishing an appropriate mechanism for making this information
available to the public can be seen as one of the key indicators of a
country's development. The system currently used in India to record
land and property transactions is a ledger-based system where all
information is stored in handwritten folios. This method is inefficient,
time consuming, unsafe and complex compared to the sophisticated
systems used in the world's developed countries. This research is
being conducted to find safe, efficient and cost-effective solutions to
concerns and other issues related to land and property transactions
in India. The proposed solution includes a distributed ledger for
recording land and real estate transactions, based on blockchain
technology. All new transaction entries are validated by the smart
contract to verify transaction validity. After performing a proper
consensus mechanism, transaction records are stored in
cryptographically protected blocks. Data integrity could not be
violated. In addition, investors and land buyers can learn about
current market trends and forecasts before purchasing or investing
in land. In addition, the proposed system helps users to view land
information graphically, allowing system users to view land parcels
of interest without having to physically go to the actual location via a
geographic information system. make it possible
Keywords:
echnologies,computer,innovation,domains,blockchain, land ledgers
Cite Article:
"LAND LEDGER IN BLOCK CHAIN", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.7, Issue 12, page no.c49-c54, December-2022, Available :http://www.ijnrd.org/papers/IJNRD2212209.pdf
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ISSN:
2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
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