Review of Existing Solutions in the Field of Real Estate and Cadastral Accounting Based on Blockchain Technology

2021 ◽  
Author(s):  
Andrey Averin ◽  
Pavel Rukhlov ◽  
Elnur Musaev
Keyword(s):  
Real Estate ◽  
Blockchain Technology

Tokenization of Real Estate Using Blockchain Technology

2020 ◽  
pp. 77-90
Author(s):  
Ashutosh Gupta ◽  
Jash Rathod ◽  
Dhiren Patel ◽  
Jay Bothra ◽  
Sanket Shanbhag ◽  
...  
Keyword(s):  
Real Estate ◽  
Blockchain Technology

scholarly journals Blockchain technology in commercial real estate transactions

2019 ◽  
Vol 37 (6) ◽  
pp. 570-579 ◽  
Author(s):  
Hugo Pieter Wouda ◽  
Raymond Opdenakker
Keyword(s):  
Real Estate ◽  
Design Science ◽  
Science Research ◽  
Commercial Real Estate ◽  
Office Building ◽  
Content Type ◽  
Blockchain Technology ◽  
Transaction Process ◽  
Current Transaction ◽  
Pain Points

Purpose The transaction process of an office building is known to be time consuming and inefficient, in part due to the lack of market transparency. The purpose of this paper is to focus on the development of a blockchain application that can improve the transaction process of office buildings in the Netherlands. Design/methodology/approach Conducting design science research, the current transaction process of an office building and status quo of blockchain technology in real estate is investigated. Subsequently, multiple parties are interviewed to define major pain points within the process. The interview findings are used to design a blockchain solution which overcomes the aforementioned pain points. After designing, the interviewees are asked again to pragmatically validate the proposed model. Findings One of the major pain points identified concerning the transaction process of an office building is that it is difficult to define the characteristics of a property, due to lack of data structure and quality. The proposed application improves the way specific assets are understood by structuring physical and contractual information in one place and guarantees the quality of the data by using the blockchain mechanisms. Practical implications A blockchain application is proposed, which can improve the transaction process of an office building. Originality/value Recent studies indicate that blockchain technology could lead to improvements in efficiency, transparency and therefore trust within the transaction process. Therefore, the proposed application is of value for the future of real estate data management and the transaction process.

Blockchain Technology and Its Applications

2020 ◽  
pp. 111-121
Author(s):  
Lavanya Lingareddy ◽  
Parthiban Krishnamoorthy
Keyword(s):  
Big Data ◽  
Real Estate ◽  
Information Technologies ◽  
High Demand ◽  
Blockchain Technology ◽  
The People ◽  
Banking Education ◽  
Almost All ◽  
New Generation ◽  
Generation Information

Like other new generation information technologies such as IoT, big data, AI, and cloud, cryptocurrency and blockchain became buzz words in both industry and academia due to their advantageous features. With the features like decentralization, transparency, immutability, blockchain technology became more famous and is emerging in almost all fields like banking, education, healthcare, government, and real estate. Blockchain technology was introduced in the year 1991. It came into existence after this technology was created for bitcoin, a digital cryptocurrency by Santoshi Nakamoto in the year 2008. Since then, the blockchain is evolving rapidly. Even though blockchain usage is in high demand in all the sectors and it has received attention from many international organizations, most of the people lag in knowledge of blockchain technology and Cryptocurrency and how exactly they work. This chapter explores more in detail what blockchain technology is, how it works, and its applications.

Property Registration and Ownership Transfer using Blockchain

2020 ◽  
Vol 9 (6) ◽  
pp. 900-903
Keyword(s):  
Real Estate ◽  
Data Security ◽  
Complete Information ◽  
Comprehensive System ◽  
Sensitive Information ◽  
Financial Assets ◽  
Blockchain Technology ◽  
Ownership Transfer ◽  
History Of ◽  
Property Registration

The high-value property like Land, Home, related to real estate it is essential to have exact records that recognize the present proprietor and give evidence that he is surely the proprietor. Such a record can be utilized to protect the owner’s privileges, prevent sale fraud and to make sure that the ownership is correctly transferred to a new owner after sale. Thus it is essential to maintain correct and complete information and prevent illegal or unjustified, fraudulent changes. Many efforts have been taken already for providing data security to sensitive information. Blockchain is the technology that gives high security to the data. Blockchain technology can store an immutable history of transactional records, so no one can ever doubt the authenticity; records are permanently linked to the system so no one can ever interfere with a record of their own. This paper gives a comprehensive system on blockchain technology as it can not only be used in financial assets but anything which has some value.

scholarly journals Blockchain and real estate: Dopo di Noi project

2020 ◽  
Vol 38 (2) ◽  
pp. 273-295 ◽  
Author(s):  
Marzia Morena ◽  
Tommaso Truppi ◽  
Angela Silvia Pavesi ◽  
Genny Cia ◽  
Jacopo Giannelli ◽  
...  
Keyword(s):  
Real Estate ◽  
Severe Disabilities ◽  
Trust Model ◽  
Content Type ◽  
The Real ◽  
The Real Estate ◽  
Blockchain Technology ◽  
Smart Contract ◽  
Real Estate Sector ◽  
Potential Applications

PurposeThis paper aims at investigating the possibility of effectively implementing the blockchain technology in the real estate environment, specifically applied to the Trust legal instrument in Dopo di Noi (After Us) project, which is intended to guarantee assistance to persons with severe disabilities.Design/methodology/approachThe paper is focused on how to apply the blockchain to the tool of Trust, analyzing the main features and characteristics of this technology.FindingsThe paper proposes two potential solutions for managing the Trust tool in the real estate sector, specifically within the Dopo di Noi project. The first simpler proposal is based on timestamping application. The second one radically changes the classical Trust model and introduces an automatization level in the process.Social implicationsThe paper presents potential applications of the blockchain technology within the framework of Dopo di Noi project, which allows among other features, legal and tax facilitation for the institution of Trusts to benefit persons with severe disabilities.Originality/valueThis paper highlights the potentiality of the combination of the blockchain technology and the real estate environment and applies the blockchain technology to the Dopo di Noi project. Specifically, with the second solution, the paper proposes a platform that gathers, in a single network, various elements of the blockchain technology, such as timestamping, smart property, smart contract, and links them in order to provide services to persons with severe disabilities.

scholarly journals Application of blockchain technology for geospatial data protection and management

2021 ◽  
Vol 42 (II) ◽  
pp. 28-34
Author(s):  
B. CHETVERIKOV ◽  
◽  
V. KILARU ◽  
Keyword(s):  
Real Estate ◽  
Data Protection ◽  
Information Loss ◽  
Geospatial Data ◽  
The Internet ◽  
Blockchain Technology ◽  
Global Trend ◽  
Storage Location ◽  
The Moment ◽  
High Degree

The aim of the work is to analyze the essence of the blockchain system and its architecture. Application of this ystem for geospatial data management, for solving mapping and land management. The uniqueness of the use of blockchain technologies eliminates the falsification of information in electronic registers by storing information “blocks”. The system does not have a single storage location. The data register is stored simultaneously for all participants in the system and is simultaneously updated with changes, which minimizes the risk of information loss. At the moment, we can trace such a global trend as the use of blockchain technology in various industries, because it affects most industries. We have the opportunity to use blockchain technology from our usual banking operations to real-time finance and real estate. Today, this trend integrates into other industries, which are actively developing and implementing numerous startups. It is safe to say that the blockchain is creating a revolution and today it can be compared with the ingenious invention of the XX century – the Internet. This technology gives us a completely new, different approach to storing information and conducting transactions by establishing trust rules. Due to this, this technology becomes more suitable because it has requirements with a high degree of security.

scholarly journals Development of Business Model Digital Fraction Property Investment

2020 ◽  
Vol 9 (2) ◽  
pp. 67-78
Author(s):  
I Gede Putu Rahman Desyanta ◽  
Gede Sri Darma
Keyword(s):  
Real Estate ◽  
Minimum Wage ◽  
Business Model ◽  
Business Models ◽  
Industrial Revolution ◽  
Blockchain Technology ◽  
Property Prices ◽  
The World ◽  
New Business ◽  
Digital Assets

Investing a property or real estate could be a challenge for Millennials generation. The increase in property prices is not in line with the increased of minimum wage that makes Millennials only afford to rent the property. To having an investment in property need more time in legal procedure, sometime need more than months. Fraction Property investment is a concept of investing property together. Separate the property in other format of digital assets distributed it to all more than one party. To implement this concept need to has a suitable business model and technology. Rising of industrial revolution 4.0, introduce the world with Blockchain Technology. The research is aiming to give better picture of new business model of investing on a property based on blockchain technology. With right business models, millennials generation will have another methods of investment on a property, that secure, easy and digital.

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