February 2018
Intermediate to advanced
288 pages
6h 58m
English
Content preview from Ethereum Smart Contract Development
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Real estate
Buying and selling real estate can involve a lack of transparency, bureaucracy, mistakes in public records, and fraud. The blockchain can reduce paper-based record keeping and speed up transactions.
Smart contracts can help to automate tracking, transferring property deeds, verifying ownership, and ensuring document accuracy.
The state government of Andhra Pradesh, India, has partnered with a Swedish start-up, ChromaWay, to build a blockchain-based solution for land registry. It is estimated that $700 million is paid in the form of bribes to land registrars across India.