Landchain: A Blockchain based Secured Land Registration System
Category:- Conference; Year:- 2021
Discipline:- Computer Science & Engineering Discipline
School:- Science, Engineering & Technology School
The Fourth Industrial Revolution will be solely driven by a set of cutting-edge technologies. Countries who are well prepared and trained to adopt these technologies, surely have a better chance of success in near future. Blockchain is treated as one of the major fundamental infrastructure of this revolution. For its high potentiality, several countries have started exploring the effective use of blockchain technology. However, land registration management is one of the most appealing sector where blockchain works very efficiently. In Bangladesh, the current land registration system has some major drawbacks and blockchain has the ability to overcome those by offering its strong features. If we connect these two dots, that will intersect at a point where we can use blockchain for a secured and transparent land registration management in Bangladesh. In this paper, we propose a system based on blockchain that have the capability to dramatically reduce the time taken to sell or buy land property, prevent frauding, and provide a high level of security in ownership. Introducing this system in land management will assist the government in tax collection, service delivery, and other areas of governance.