33A Study of Implementation of Blockchain Technology in Land Registration: A SWOT Analysis
ANKITA GOYAL, UPENDRA SINGH
Department of Commerce & Finance, SRM University, Delhi-NCR, Sonepat, Haryana, India
Email: ankitagoyal.1994@gmail.com, upendrasingh@srmuniversity.ac.in
Abstract
Blockchain technology has been receiving a great amount of attention in different domains due to its various features and possible use cases. This chapter attempts to review the work that has been done in the field of blockchain technology. It gives an insight into the terminology and applications of blockchain technology for beginners in the field. It also looks into various research papers, books, and articles written which suggest various implementations of blockchain technology. Moreover, real life examples are provided where blockchain technology has been implemented in various domains. The main aim of the study is to conduct a SWOT analysis to help assess the current situation concerning the readiness of the technology for implementation in domains other than finance. Finally, the strengths, weaknesses, opportunities, and threats concerning the application of blockchain technology in the process of land registration will be discussed.
Keywords: Blockchain technology, land registry, SWOT analysis
33.1 Introduction
Blockchain technology is often considered a driver of change because it is transparent, immutable, and gives new meaning to trust, thus enabling transactions that are trustworthy, ...
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