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Blockchain Real-Estate Property Using Smart Contract
Subject area: Science,Engineering and Technology · Area of research: Blockchain Technology
Abstract
In the areas of housing rental markets, many landlords charge false rental information and it becomes very difficult for the government to keep track of the housing rental situations. In this paper, a block chain based solution is proposed to overcome the problems faced in housing rental systems. This solution uses smart contracts. Smart contracts are agreements that are executed when certain conditions are met. These will manage all the information listed in IPFS (Inter Planetary File System). The integrity in block chain technology used here, makes the approach very reliable and secure. This will help to avoid third parties, brokerage services etc.
Keywords
Smart Contracts, Ethereum, Inter Planetary File System (IPFS), Block Chain, Secure Hashing Algortihm (SHA)-256, Encryption, Lease/Rental Agreements, Rental System.
How to cite this paper
@article{1704443,
author = {Sana Chaudhari, Pradyumna Babhulgaonkar, Rajnandini Baheti, Yash Shah, Rutuja Kulkarni; Aarti Deshpande},
title = {Blockchain Real-Estate Property Using Smart Contract},
journal = {Iconic Research And Engineering Journals},
year = {2023},
volume = {6},
number = {11},
pages = {663-666},
issn = {2456-8880},
url = {https://www.irejournals.com/formatedpaper/17044431.pdf},
abstract = {In the areas of housing rental markets, many landlords charge false rental information and it becomes very difficult for the government to keep track of the housing rental situations. In this paper, a block chain based solution is proposed to overcome the problems faced in housing rental systems. This solution uses smart contracts. Smart contracts are agreements that are executed when certain conditions are met. These will manage all the information listed in IPFS (Inter Planetary File System). The integrity in block chain technology used here, makes the approach very reliable and secure. This will help to avoid third parties, brokerage services etc.},
keywords = {Smart Contracts, Ethereum, Inter Planetary File System (IPFS), Block Chain, Secure Hashing Algortihm (SHA)-256, Encryption, Lease/Rental Agreements, Rental System.},
month = {May},
}