Property (Land) Registration Management Using Blockchain in Nigeria

Blockchain technology, renowned for its decentralised and secure nature, has emerged as a transformative solution for various industries.This paper delves into the potential application of blockchain in property registration management, aiming to enhance transparency, security, and efficiency within the real estate sector.The study investigates how blockchain's distributed ledger can eliminate discrepancies and streamline the property registration process, offering a tamper-resistant and transparent record of ownership.The research focuses on case studies and pilot programs implementing blockchainbased property registration systems.By analyzing these initiatives, the paper aims to evaluate the effectiveness of blockchain in reducing fraud, minimizing bureaucratic hurdles, and expediting the overall registration process.Additionally, the study addresses potential challenges and considerations in adopting blockchain for property registration, providing insights into regulatory frameworks and scalability issues.In conclusion, this paper contributes to the growing body of knowledge on the practical implementation of blockchain technology in real-world scenarios.The findings underscore the promising impact of blockchain on property registration management, emphasizing its potential to revolutionize traditional practices and pave the way for a more secure and efficient real estate ecosystem.

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Institutions

Publication Details

Journal
Communications on Applied Electronics
Published
2024-08-21
DOI
https://doi.org/10.5120/cae2024652904
Citations
1
Primary Topic
Blockchain Technology Applications and Security
Type
article
Field-Weighted Citation Impact
0.78
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article

Property (Land) Registration Management Using Blockchain in Nigeria

A. Festus Osuolale, Ojebiyi David-Daniel, Seriki Oluwasogo
1 citations
Communications on Applied Electronics
Blockchain Technology Applications and Security
0.78
article

Property (Land) Registration Management Using Blockchain in Nigeria

A. Festus Osuolale, Ojebiyi David-Daniel, Seriki Oluwasogo
article en
1 citations

Abstract

Blockchain technology, renowned for its decentralised and secure nature, has emerged as a transformative solution for various industries.This paper delves into the potential application of blockchain in property registration management, aiming to enhance transparency, security, and efficiency within the real estate sector.The study investigates how blockchain's distributed ledger can eliminate discrepancies and streamline the property registration process, offering a tamper-resistant and transparent record of ownership.The research focuses on case studies and pilot programs implementing blockchainbased property registration systems.By analyzing these initiatives, the paper aims to evaluate the effectiveness of blockchain in reducing fraud, minimizing bureaucratic hurdles, and expediting the overall registration process.Additionally, the study addresses potential challenges and considerations in adopting blockchain for property registration, providing insights into regulatory frameworks and scalability issues.In conclusion, this paper contributes to the growing body of knowledge on the practical implementation of blockchain technology in real-world scenarios.The findings underscore the promising impact of blockchain on property registration management, emphasizing its potential to revolutionize traditional practices and pave the way for a more secure and efficient real estate ecosystem.

Communications on Applied ElectronicsVol. 7(40)
Federal University of Technology (NG)
Openalex Percentile: Top 16%
Blockchain Technology Applications and Security
0.78
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