Abstract

Abstract: If a person wishes to make purchases properties, an intermediary known as a dealer (as in India's old Land Administration system) would help facilitate the transaction by creating and compiling all the necessary physical papers to support a settlement as proof of ownership. A recognized federal department will document the property, and all its qualities will be recorded in a book by the broker before the contract is made. Files may be lost or tampered with in this situation since anybody who has access can access or edit the papers, and that in turn compromises this physical evidence of land ownership. Our suggested smart contract-based solution, on the other hand, is more efficient in terms of time and security, as well as synchronized and less susceptible to distortion or fraud over the course of completing a purchase or asset management process. As a result of a thorough examination of something like the traditional land application procedure, as well as an evaluation of Blockchain's leadership and integrity repair work, as well as the virtualization factor, we have proposed a solution using Blockchain technology.

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