JOURNAL ARTICLE

Securing land records using blockchain technology

Afshan RehmanAmbuja MunikadirappaVivek R. Venkatesh

Year: 2023 Journal:   International Journal of Blockchains and Cryptocurrencies Vol: 4 (4)Pages: 326-339

Abstract

One of the main reasons for land conflicts is due to the actions of the land mafia. In the current day scenario, the land ownership system is under the grip of fraudsters and people often fear being deceived with fake land certificates. In this paper, we consider each buying and selling of land records as a single transaction, wherein each transaction has a unique hash value, which is highly secure in nature. Data being stored on the block are the transactions between buyers and sellers monitored by a closed group of people. Each of this transaction between the buyer and the seller is then validated using the consensus algorithm (proof of elapsed time) and updated as a new block after being marked valid by 'validators' on the Hyperledger Sawtooth framework. This block is then visible to all the members in that network, which incorporates trust and transparency in the transaction system.

Keywords:
Blockchain Computer security Computer science

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Topics

Privacy-Preserving Technologies in Data
Physical Sciences →  Computer Science →  Artificial Intelligence
Blockchain Technology Applications and Security
Physical Sciences →  Computer Science →  Information Systems
FinTech, Crowdfunding, Digital Finance
Social Sciences →  Business, Management and Accounting →  Management Information Systems

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