Blockchain for Secure Land Ownership in India

Le résumé fourni par la source

This paper examines the potential of blockchain technology to transform land ownership management by creating a secure, transparent, and efficient system for recording and transferring property rights.Blockchain's key features, including immutable records and decentralized validation, enhance the integrity and reliability of ownership data, reducing the risks of fraud and disputes.By centralizing historical ownership information, blockchain streamlines title searches, lowers transaction costs, and improves data accessibility, especially for marginalized communities seeking to establish or protect their land rights.The integration of blockchain with Geographic Information Systems (GIS) further enhances data clarity and spatial accuracy.The paper additionally discusses the broader outcomes for dispute resolution, global standardization, and innovations such as multi-party ownership and simplified inheritance processes.While blockchain-based land registries face legal and technological obstacles, their ability to update property management systems and eliminate fraud makes them a promising alternative for the future.

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