The challenges faced by traditionallandregistry are effecting my people some of these are inefficiency, fraudulent activitiesandinadequate transparency specifically in traditional management systems. With recent case studies and with the idea ofdecentralizedselfgoverning networks made possible through blockchain technology, it is possible to improve property transactions rush easily verifiable, eliminating the possibility of manipulation and fraud. Two such examples exist such as Georgia\'sBlockchain Land Registry and Lantmäteriet Pilot Project in Sweden serve as a proof for this argument. Even though some may argue that regulatory concerns and technical barriers are challenges that need addressing in order to reap the benefits linked to enhanced AI for fraud detection, easy access to finance through tokenized ownership and effortless verificationthrough cross transaction capabilities, Istrongly believe that the future benefits will lay the groundwork for blockchain technology to take center stage in international land registries and governance systems.
Introduction
1. Introduction
Land ownership is vital for economic development and financial stability. However, traditional land registration systems face problems like inefficiency, corruption, and data loss. Paper-based records and centralized databases are prone to fraud (e.g., double-selling, forgery) and are often expensive, slow, and inaccessible.
2. Blockchain as a Solution
Blockchain offers a decentralized, tamper-proof ledger to securely record property transactions. It ensures:
Permanent and transparent ownership records
Smart contracts to automate transactions and eliminate human error
Reduced fraud and faster processing
3. Proposed System
The study proposes a blockchain-based land registration system using Ethereum smart contracts with the following components:
Consensus mechanisms (PoW or PoS) ensure transaction validity
Interoperability with government databases
B. Security Features
SHA256 hashing for data integrity
Smart contracts to automate legal compliance
Role-based access control and multi-factor authentication
C. Escrow & Payments
Decentralized escrow for secure fund transfers
Digital and cryptocurrency payments
Smart contract-based automation
Integration with traditional banking systems
D. Transparency & Fraud Prevention
Immutable, public ledger
Multi-signature authentication
Real-time updates to prevent duplicate ownership claims
4. Global Related Work
Countries exploring blockchain land registries include:
Sweden, Georgia, Estonia, and Dubai
Demonstrate improved efficiency, transparency, and fraud prevention
Highlight the need for legal and technological readiness
5. Implementation & Results
A prototype system was built using Ethereum and Solidity. Key findings:
99% reduction in manual recordkeeping
Significant security enhancement
Transaction time cut from weeks to minutes
Scalable for national use
Improves legal compliance when embedded in regulatory frameworks
Conclusion
Certainly, blockchain technology is a unique revolution concerning land registration challenges. By reducing the possibilities of fraud, increasing security, and decreasing administrative overheads, blockchain-based land registration can change the face of property ownership.
Future work must address:
1) AI integration for detection assurance: AI mechanismsforanomalydetectioncanhelp support suspicious transactions on which fraud can be prevented.
2) IoT-based real-time monitoring of land assets: Sensors and geospatial information can enable tracking and validation of land assets.
3) Legally adaptable for mass acceptance: Working with the government to ensure regulatory compliance and acceptance.
4) Interoperability with the existing land registry: Ensuring easy integration withthe conventional land administration databases.
5) Global adoption-solutions with high scalability: To guarantee the efficient survival of so-called blockchain-basedland registries across several legalsystems.
References
[1] Rosado,A.,etal.(2006).FlexibleQuery Languages forDatabases. https://link.springer.com/chapter/10.1007/3-540-33289-8_1
[2] Nakamoto,S.(2008).Bitcoin: A Peer-to-PeerElectronicCashSystem. https://scholar.google.co.in/scholar?q=Nakamoto,+S.+(2008).+Bitcoin:+A+Peer-toPeer+Electronic+Cash+System+research+paper&hl=en&as_sdt=0&as_vis=1&oi=scholart
[3] Mizrahi, A. (2015). ABlockchain-Based Property Ownership Recording System.
https://scholar.google.co.in/scholar?q=Mizrahi,+A.+(2015).+A+BlockchainBased+Property+Ownership+Recording+System.&hl=en&as_sdt=0&as_vis=1&oi=scholart
[4] Swan, M.(2017).Blockchain:Blueprintfor a New Economy.
[5] https://scholar.google.co.in/scholar?q=Swan,+M.+(2017).+Blockchain:+Blueprint+for+a+New+Economy.+research+paper&hl=en&as_sdt=0&as_vis=1&oi=scholar
[6] Lin, I. C., & Liao, T. C. (2017). A Survey of Blockchain Security Issues.
https://scholar.google.co.in/scholar?q=Lin,+I.+C.,+Liao,+T.+C.+(2017).+A+Survey+of+Blockchain+Security+Issues.&hl=en&as_sdt=0&as_vis=1&oi=scholart
[7] Estonia’s e-Governance System: Blockchain in Public Records (2017). https://www.pwc.com/gx/en/services/legal/tech/assets/estonia-the-digital-republicsecured-by-blockchain.pdf
[8] Vos,J.(2017).Blockchain-BasedLand Registry: Panacea orIllusion?
[9] https://scholar.google.co.in/scholar?q=Vos,+J.+(2017).+BlockchainBased+Land+Registry:+Panacea+or+Illusion%3F&hl=en&as_sdt=0&as_vis=1&oi=schol art
[10] Natarajan, H., et al. (2017). Distributed Ledger Technology and Blockchain. https://rria.ici.ro/documents/58/art._-Sella-Veluswami_Lakshmi-Narsimhan...pdf
[11] Zheng, Z., et al. (2018). Blockchain Challenges and Opportunities: A Survey. https://www.inderscienceonline.com/doi/abs/10.1504/IJWGS.2018.095647
[12] Sharma,R.,etal.(2021).DigitalLand Registry System UsingBlockchain. https://papers.ssrn.com/sol3/papers.cfm?abstra