A New Era of Property Management: The Blockchain Revolution in Real Estate Transactions Enhancing Transparency, Efficiency, and Security in Real Estate
Author:
- Ravleen KaurRKRavleen Kaur
Open Access
- 26 July 2024
- journal article
- Published by International Journal of Innovative Science and Research Technology in International Journal of Innovative Science and Research Technology
- p. 901-904
Abstract
The emergence of blockchain technology is driving a significant revolution in the real estate sector. The revolutionary potential of blockchain technology to transform property management and transactions and bring in a new era of efficiency, trust, and transparency is examined in this study. This paper explains how blockchain's fundamental properties—decentralization, immutability, and smart contracts—can solve persistent problems in property management, like fraud, inefficiencies, and lack of transparency [1].Keywords
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