Author Login IJIRT Partner Network (IPN) Login

A SECURE AND TRANSPARENT APPROACH FOR REAL ESTATE TRANSACTIONS USING BLOCKCHAIN TECHNOLOGY

  • Unique Paper ID: 160867
  • Volume: 10
  • Issue: 1
  • PageNo: 1512-1516
  • Abstract:
  • A Secure and Transparent Approach for Real Estate Transactions Using blockchain technology is a system that leverages blockchain technology to address issues in the traditional real estate industry such as fraud, lack of transparency, and inefficiency. This system provides a secure and transparent platform that enables buyers and sellers to directly interact and transact with each other without the need for intermediaries. The system is built on a decentralized network that stores data in a tamper-proof manner, which ensures that all parties involved can access and verify the information without the need for a central authority. The use of smart contracts in this system automates many of the processes involved in real estate transactions, reducing the time and costs associated with these processes. The system also allows for fractional ownership, which enables investors to buy and sell portions of a property. This feature promotes liquidity in the real estate market, making it more accessible to investors. Additionally, the system facilitates crowd funding for real estate projects, enabling smaller investors to pool their resources and invest in high-value real estate projects that were previously only available to larger investors. Overall, the Secure and Transparent Approach for Real Estate Transactions system offers a range of benefits over traditional real estate systems, including increased transparency, security, efficiency, liquidity, and accessibility. The potential for this system to transform the real estate industry is significant, and it is already gaining traction in many parts of the world.
Download article email to a friend

Cite This Article

  • ISSN: 2349-6002
  • Volume: 10
  • Issue: 1
  • PageNo: 1512-1516

A SECURE AND TRANSPARENT APPROACH FOR REAL ESTATE TRANSACTIONS USING BLOCKCHAIN TECHNOLOGY

Related Articles

28 Jun, 2023

EXTRACTING RELIABLE INFORMATION USING BLOCKCHAIN TECHNOLOGY

Read More
26 Jun, 2023

PREDICTION OF WORKLOAD PERFORMANCE OF DATA CENTER USING MACHINE LEARNING TECHNIQUES

Read More
Impact Factor
8.01 (Year 2024)
UGC Approved
Journal no 47859

Join Our IPN

IJIRT Partner Network

Submit your research paper and those of your network (friends, colleagues, or peers) through your IPN account, and receive 800 INR for each paper that gets published.

Join Now

Latest Publication

Archive

View More

Recent Conferences

NCSEM 2024

National Conference on Sustainable Engineering and Management - 2024 Last Date: 15th March 2024

Submit inquiry