Blockchain Technology

5 Digitized Land Registration Using Blockchain Technology

P Vinothiyalakshmi, C Muralidharan, Y Mohamed Sirajudeen and R Anitha

DOI: 10.1201/9781003138082-5

Contents

5.1 Introduction to Blockchain Technology

5.1.1 Components of Blockchain

5.2 Characteristics of Blockchain Technology

5.2.1 Distributed Ledger

5.2.2 Digitalization

5.2.3 Updated Near Real-Time

5.2.4 Chronological and Timestamped

5.2.5 Sealed with Cryptography

5.2.6 Irreversible as Well as Auditable

5.2.7 Transparency

5.2.8 Limited Third Parties

5.3 Peer-to-Peer Technology

5.3.1 Peer-to-Peer Network in Blockchain

5.3.2 Advantages of P2P in Blockchains

5.3.3 Limitations of P2P in Blockchains

5.4 Usage of Blockchain Technology in Land Registration

5.4.1 Challenges of the Land Registration ...