Technological and legal challenges for adoption of blockchain in land registry system

Abstract


Vinay Thakur*, Ganesh Khadanga

The application of blockchain technology in land registry domain has gained momentum because of the availability of consortium-based blockchain, smart contracts and distributed ledger with no single failure and inclusion of trust. The relationship between the property, rights and legal validity is complex. This complex relationship needs to be preserved by the authentic transactions and transaction timestamp and immutability of the transaction. The transactions should be tamper-proof and should be legally valid and adapt to the present and future scope of the enhanced regulatory acts of a country. This article describes the transactions that need to be preserved for land records data, geospatial data and land registry domain. The various blockchain systems, technical and legal requirements, mechanisms and implementation details that need to be addressed in adaptation of blockchain system are discussed in this article.

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