Paper Title
LAND LEDGER IN BLOCK CHAIN
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Keywords
echnologies,computer,innovation,domains,blockchain, land ledgers
Abstract
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
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How To Cite (APA)
Ganesh Singare, amit junankar, ganesh jagdale, & pratik zore (December-2022). LAND LEDGER IN BLOCK CHAIN. INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT, 7(12), c49-c54. https://ijnrd.org/papers/IJNRD2212209.pdf
Issue
Volume 7 Issue 12, December-2022
Pages : c49-c54
Other Publication Details
Paper Reg. ID: IJNRD_185063
Published Paper Id: IJNRD2212209
Downloads: 000121992
Research Area: Engineering
Author Type: Indian Author
Country: yavatmal, maharastra, India
Published Paper PDF: https://ijnrd.org/papers/IJNRD2212209.pdf
Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2212209
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