Abstract

Blockchain and artificial intelligence are the most important keywords in the Fourth Industrial Revolution. This study sought to apply these core technologies to future validated algorithms that make real estate transactions secure to come up with an encryption algorithm. In addition, the real estate transaction is being paid a large fee by the middlemen, the real estate agent. Furthermore and recently, P2P (peer-to-peer) real estate exchange is used a lot. However, these P2P real estate exchanges also have problems that have not been identified by each other between landlords and tenants. In particular, a research model was established to compare and verify the PBFT (practical Byzantine fault tolerance) algorithm of Hyperledger through the blockchain agreement process. Subsequently, a process for verifying the real estate contract was established. Through VM (virtual machine) research methodology for the verification of blockchain real estate contracts, ElGamal communication was provided to prove quantum cryptography. We also automated lightweight encryption test verification tools and blockchain smart contract VM (virtual machine) models using artificial intelligence. Verification was performed through a reservation server and a monitoring server using a test verification tool for network-based lightweight security IoT (Internet of things) GW (gateway). It presents important ECP (elastic curve program) and elastic curve Qu-Vanstone (ECQV) models among the main functions of the blockchain smart contract, and it is equipped with quantum-based encryption algorithm. In addition, the necessary UML (unified modeling language) source code and performance data were calculated according to the actual experimental environment, and the average value for blockchain for administrative or government authorized assets—4000 TPS (transaction per second) were tested. In the future, we want to use this technology for real estate transactions.

Highlights

  • Blockchain and artificial intelligence are the most suitable technologies for future real estate transactions

  • It presents important ECP and elastic curve Qu-Vanstone (ECQV) models among the main functions of the blockchain smart contract, and it is equipped with quantum-based encryption algorithm

  • The experimental method of the first Blockchain smart contract consists of 250 nodes

Read more

Summary

Introduction

Blockchain and artificial intelligence are the most suitable technologies for future real estate transactions. The real estate transaction market is an environment where in sales information should be made public, there should be no false information, and infrequent data occur with an average of millions to tens of millions of occurrences per day globally. Since sales transactions take place between tenants, renters, and real estate agents, each relationship can be defined, making it suitable for the application of Blockchain technology [4–7]. In this study, we proposed a plan to implement a service model that can share information on the sales of the real estate market with Blockchain and link transactions to form a mutual monitoring system between real estate properties through which a real estate agent’s malicious registration of false sale is prevented. The rest of this paper is organized as follows: Section 2 presents the technology related to this paper

Results
Discussion
Conclusion

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.