Disruptive technologies are currently taking the world at a storm. In all aspects of life, people are trying to cope up with the effects of these technologies while in other circumstances, focusing on research and development of enhanced ways to efficiency at work and daily activities. Land registry system is a very important element in the society, especially in regards to social and economic developments of an area. With the current traditional land registry system used in most countries, there are many issues that need to be sorted for increased efficiency. The issues may range from corruption and fraud, time-consuming registration and transfer of properties, inefficient systems in place, backlogs in deeds and contracts, and tampering of records amongst others. The objective of this paper is to analyze the issues present in the conventional land registry and explore the potentials of streamlining them using blockchain concepts. With the concepts of blockchain technology, a secure and more reliable framework is promised in the land registry system. Literature review and analysis has been extensively used to bring out the concepts in this paper. The issues in the traditional land registry are also analyzed, including the different classification of land registry systems among different governments. The blockchain concepts and the potentials of implementations are finally explained succinctly, with their advantages and disadvantages. The author concludes that there are massive advantages when compared to the disadvantages in the adoption of blockchain technology in the land registries.
| Published in | International Journal on Data Science and Technology (Volume 8, Issue 4) |
| DOI | 10.11648/j.ijdst.20220804.12 |
| Page(s) | 67-71 |
| Creative Commons |
This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited. |
| Copyright |
Copyright © The Author(s), 2022. Published by Science Publishing Group |
Blockchain Technology, Land Registry, Private Blockchain, Public Blockchain, Hybrid Blockchain
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APA Style
Rajan Thapaliya. (2022). Potentials of Blockchain Technology in Streamlining Land Registries. International Journal on Data Science and Technology, 8(4), 67-71. https://doi.org/10.11648/j.ijdst.20220804.12
ACS Style
Rajan Thapaliya. Potentials of Blockchain Technology in Streamlining Land Registries. Int. J. Data Sci. Technol. 2022, 8(4), 67-71. doi: 10.11648/j.ijdst.20220804.12
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Download@article{10.11648/j.ijdst.20220804.12,
author = {Rajan Thapaliya},
title = {Potentials of Blockchain Technology in Streamlining Land Registries},
journal = {International Journal on Data Science and Technology},
volume = {8},
number = {4},
pages = {67-71},
doi = {10.11648/j.ijdst.20220804.12},
url = {https://doi.org/10.11648/j.ijdst.20220804.12},
eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijdst.20220804.12},
abstract = {Disruptive technologies are currently taking the world at a storm. In all aspects of life, people are trying to cope up with the effects of these technologies while in other circumstances, focusing on research and development of enhanced ways to efficiency at work and daily activities. Land registry system is a very important element in the society, especially in regards to social and economic developments of an area. With the current traditional land registry system used in most countries, there are many issues that need to be sorted for increased efficiency. The issues may range from corruption and fraud, time-consuming registration and transfer of properties, inefficient systems in place, backlogs in deeds and contracts, and tampering of records amongst others. The objective of this paper is to analyze the issues present in the conventional land registry and explore the potentials of streamlining them using blockchain concepts. With the concepts of blockchain technology, a secure and more reliable framework is promised in the land registry system. Literature review and analysis has been extensively used to bring out the concepts in this paper. The issues in the traditional land registry are also analyzed, including the different classification of land registry systems among different governments. The blockchain concepts and the potentials of implementations are finally explained succinctly, with their advantages and disadvantages. The author concludes that there are massive advantages when compared to the disadvantages in the adoption of blockchain technology in the land registries.},
year = {2022}
}
TY - JOUR T1 - Potentials of Blockchain Technology in Streamlining Land Registries AU - Rajan Thapaliya Y1 - 2022/12/15 PY - 2022 N1 - https://doi.org/10.11648/j.ijdst.20220804.12 DO - 10.11648/j.ijdst.20220804.12 T2 - International Journal on Data Science and Technology JF - International Journal on Data Science and Technology JO - International Journal on Data Science and Technology SP - 67 EP - 71 PB - Science Publishing Group SN - 2472-2235 UR - https://doi.org/10.11648/j.ijdst.20220804.12 AB - Disruptive technologies are currently taking the world at a storm. In all aspects of life, people are trying to cope up with the effects of these technologies while in other circumstances, focusing on research and development of enhanced ways to efficiency at work and daily activities. Land registry system is a very important element in the society, especially in regards to social and economic developments of an area. With the current traditional land registry system used in most countries, there are many issues that need to be sorted for increased efficiency. The issues may range from corruption and fraud, time-consuming registration and transfer of properties, inefficient systems in place, backlogs in deeds and contracts, and tampering of records amongst others. The objective of this paper is to analyze the issues present in the conventional land registry and explore the potentials of streamlining them using blockchain concepts. With the concepts of blockchain technology, a secure and more reliable framework is promised in the land registry system. Literature review and analysis has been extensively used to bring out the concepts in this paper. The issues in the traditional land registry are also analyzed, including the different classification of land registry systems among different governments. The blockchain concepts and the potentials of implementations are finally explained succinctly, with their advantages and disadvantages. The author concludes that there are massive advantages when compared to the disadvantages in the adoption of blockchain technology in the land registries. VL - 8 IS - 4 ER -
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