Common Contracts

Blockchain and Smart Contract for Land Registration using Ethereum Network

July 23rd, 2022

• Filed
  July 23rd, 2022

Abstract---In India traditional land registration system, there is a middleman (broker) who creates communication among the buyer and seller, for example. If a person wants to purchase or sell a home, they should contact a broker. Will prepare and assemble all tangible papers that are required in the case of contracts as an evidence of ownership Brokers will make certain that the land/property is registered government office with all of the necessary qualifications. After that,the entire transaction was recorded in a ledger. And there is a purchase among the two parties. Inthis circumstance, there is a risk of tampering withthe data. Anyone with particular powers has access to the documents Change the papers easily, putting this solid structure in proof of ownership. We propose a blockchain- based method for safe property storage papers. When a land is purchased by a corporation in our system, the government body will give the funds. Person in possession of a hard copy of the property