A Web Based App for Land Registry on Blockchain

Abstract

Abstract: Property registration is a subject that hardly ever crosses the thoughts of most people outside of the actual property sector, besides for whilst they’re concerned in an actual property transaction themselves. Even then, it’s typically taken into consideration one of the mundane administrative matters, a rubber-stamping exercise that’s way much less tangibly thrilling than gathering the keys to a brand-new home. However, the critical role of property registration withinside the actual property markets cannot be understated. Property registry in India as well as in many parts of the world is very slow and cumbersome process. The onset of the Blockchain technology inside Bitcoin, has generated a super deal of hobby through displaying a possibility to remove the central floor wished and remodel verbal exchange among humans and machines through growing trust. Originally restrained to the included forex domain, it has created an impact on different sectors as well. Developing a system that now not only accelerates the technique of land registration, however additionally makes it less difficult for Buyers, Sellers and Government registrars to switch the land possession from vendor to a brand new client whilst addressing troubles which include file integrity, privacy, and most significantly the lack of common platforms among concerned organizations. The system that we're seeking to enforce is primarily based on Ethereum Blockchain that will store all the transactions made at some stage in the process of land ownership transfer. Using the idea of smart contracts of blockchain technology we are able to trigger diverse activities like access of land documents to a land inspector and fund transfer event from client to vendor after a successful verification of the land possession switch. Ultimately the motive of this idea is to check the general overall performance of a blockchain primarily based totally on land revenue & recording automation machines. A peer-to-peer tamper-proof and forgeproof network was used for this motive, the use of a Blockchain-accredited permission such as Ethereum network. The system is connected to the Interplanetary File System to manage secure document records. Using the system, validation of the lands is likewise viable as immutable transactions are being saved with inside the public ledger. Keywords: Blockchain, Ethereum, IPFS, Passport, peer-to-peer, decentralized, land record management