Smart Contract-Based Decentralized Rental System for Housing

Abstract

Blockchain is the kind of innovation that was presented to the world a long time ago with the offer assistance of a few cryptocurrencies, but as in the assist investigate done by individuals, world realized blockchain can be utilized in for diverse purposes to make framework more secure with the offer assistance of legitimate computer program and innovation we can make anything much secure and decentralized same can be utilized in house rental framework.

Introduction

Summary:

The text discusses the development of a decentralized house rental system using blockchain technology, specifically based on Ethereum. It highlights how blockchain, a decentralized and immutable ledger, can enhance the security, transparency, and efficiency of room and house rental transactions by replacing traditional centralized systems.

Key Points:

• Blockchain Basics: Blockchain is a distributed ledger technology that records transactions permanently, ensuring no alterations. It supports smart contracts—self-executing agreements coded on the blockchain—that facilitate trustless, automated rental processes between owners and tenants.

• Smart Contracts & Ethereum: Ethereum provides a platform for deploying smart contracts and decentralized applications (DApps). Solidity, a high-level programming language inspired by C, Python, and JavaScript, is used to write these contracts. Smart contracts enforce rules such as booking, refund policies, and ownership rights.

• System Architecture: The system includes user authentication, wallet creation (using MetaMask for Ethereum transactions), booking/renting functionality, contract interactions, and blockchain storage for transaction records. Security features include a refundable security fee to prevent scams.

• Implementation Details: The frontend uses JavaScript and Tailwind CSS for a user-friendly interface, emphasizing simplicity to accommodate all users. The system is fully decentralized, with no traditional databases—data is stored on the blockchain. Real-time updates and smart contract visualizations ensure transparency and operational integrity.

• Benefits: The decentralized house rental system offers enhanced security, reduces the need for intermediaries, automates contract enforcement, and creates a transparent, tamper-proof rental process. It represents a practical use case of Web3 technologies in smart city and rental ecosystems.

Conclusion

As we have seen and noticed and analyzed from the beginning of the era that making attractive websites and make them work properly with help of talented employees is not the big deal anymore. There are still some casualties that makes that billion-dollar applications/websites less secure which is centralized nature of the website/app. The concept that is presented in this paper is same as the old times attractive website/frontend user-friendly processes but only one thing that makes it different and that is decentralized nature which makes it less exposed to these threats. Blockchain is the concept that is impossible to break till to this date.

References

[1] Yli-Huumo, J., Ko, D., Choi, S., Park, S. and Smolander, K. (2016) Where Is Current Researc Blockchain Technology? A Systematic Review. PLoS ONE, 11, e0163477. [2] An Overview of Blockchain Applications and Attacks Rahul RaoVokerla ; BharanidharanShanmugam ; Sami Azam ; Asif Karim ; Friso De Boer ; MirjamJonkman ; Fahad Faisal 2019 International Conference on Vision Towards Emerging Trends in Communication and Networking (ViTECoN) [3] https://docs.soliditylang.org/en/v0.8.29/ [4] M. Gnana Deepak, D.V Lakshman Chowdary, T. Ganesh, Dr. Mohammed Ali Hussain, P S G Aruna Sri, Dr. Shaik RaziaJour of Adv Research in Dynamical & Control Systems, Vol. 12, Issue-02, 2020. [5] REVOLUTIONIZING WEB DESIGN WITH TAILWIND CSS: A COMPREHENSIVE EXPLORATIONInternational Journal of Research Publication and Reviews, Vol (5), Issue (5), May (2024), Page – 4198-4204. [6] https://docs.soliditylang.org/en/v0.8.29/ [7] https://diligence.consensys.io/research/#academia. [8] https://discord.gg/u3k9QufY [9] Asan Nainar, Vigneshwaran, Surya, Saran Kumar, Santhosh KannaBlockchain-Based Decentralized E-commerce Using Ethereum and Smart Contracts Volume 8, Issue 3, March – 2023 International Journal of Innovative Science and Research Technology ISSN No:-2456-2165 [10] https://www.precedenceresearch.com/blockchain-technology-market

Copyright

Copyright © 2025 Manisha Patil, Vedant Ugale, Hrushikesh Shinde, Vivek Bhoi, Ashutosh Pawar. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.