Sidechain: storage land registry data using blockchain improve performance of search records

Yadav, Amrendra Singh; Singh, Nikita; Kushwaha, Dharmender Singh

doi:10.1007/s10586-022-03535-0

Cited by 19 publications

(6 citation statements)

References 12 publications

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“…One of the main bene ts of the technology, the redundance of storage, brings challenges to storage capacity (Goragandhi et al, 2021). That is the reason why it has been suggested to store only the hash values of accompanying documents in the Blockchain (Stefanovic et al, 2022) and (Yadav et al, 2022) purpuse to create two chains, where "Metadata is stored in the mainchain that is publicly accessible, and non-transactional data, such as pictures, contracts, PDF, other allied information, is stored in the sidechain".…”

Section: Transition Costsmentioning

confidence: 99%

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A Systematic Literature Review on Blockchain for Real Estate Transactions: Benefits, Challenges, Enablers, and Inhibitors

Cunha

Silva

2023

Preprint

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This paper provides a systematic literature review of using blockchain applications for real estate transactions. For this purpose, we analyse the main benefits, challenges that need to be tackled, enablers and inhibitors to the adoption of technology. Due to its perceived features, Blockchain can increase transparency and security, offering trust to the market, reducing the number of intermediaries and, consequently, decreasing transaction costs and time spent. Nevertheless, several challenges need to be overcome for the market to feel secure in adopting the Blockchain technology, especially the ones related to legal enforcement. This paper broadly discusses the benefits and challenges, enablers, and inhibitors raised in peer-reviewed articles published so far. We found that there is a fair possibility of reducing intermediaries and thus decreasing fraud, time spent and costs. Still, this possibility needs to be carefully analysed, and further research must be done to understand which intermediaries can be removed without compromising transactions’ security.

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Section: Transition Costsmentioning

confidence: 99%

“…(…) One should decide which data need to be stored. "(Yadav et al, 2022). It has been suggested to keep only the hash values of accompanying documents in the Blockchain.…”

mentioning

confidence: 99%

A Systematic Literature Review on Blockchain for Real Estate Transactions: Benefits, Challenges, Enablers, and Inhibitors

Cunha

Silva

2023

Preprint

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“…Indian scientists publish a large number of papers on the topic. In this paper, some of them are explored [11,[30][31][32][33][34][35][36][37][38][39][40][41][42][43]. They are very active and obviously interested in the topic, since it can be applied to their country, improving today's LA significantly.…”

Section: Global South Findingsmentioning

confidence: 99%

“…Real estate issues were dealt with by Tomar et al [33], and poverty solving issues in the context of BCT were analysed by [35,37]. A lot of focus is placed on fraud issues and how to solve them by [34,36,39,40,43]. The last stated problem could explain why BCT is of such huge interest in India.…”

Section: Global South Findingsmentioning

confidence: 99%

Blockchain-Based Land Management for Sustainable Development

et al. 2022

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In recent years, many papers have been published on the topics of the blockchain (BC) and blockchain technology (BCT). Some papers put BCT in the context of land registries (LRs), land cadastres (LCs), land registration, land administration (LA) and land management (LM) and its implementation benefits. Some eight years later, from its beginnings in 2014, the question of the future of the proposed concept and whether it has one, has been raised. The Scopus database was analysed using bibliometric analysis methodology and Rstudio software with the Bibliometrix R-package and the Shiny package environment. Based on this research, significant interest and growth in the topic was found in both technical and land-governance directions. Different approaches to the topic have been established in the global north and global south. From today’s perspective, the future of BCT in both worlds is guaranteed.

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“…Currently, mainstream cross-chain technology mainly includes four methods [12] , [13] , [14] : hash time locking, notary mechanism, side chain/relay chain technology and distributed key control. Among them, sidechain technology [15] as a cross-chain technology realizes asset interaction and data interaction between different blockchains through bidirectional hooks. Sidechain technology is great value for many problems faced by blockchain.…”

Section: Introductionmentioning

confidence: 99%

Secure cross-chain interaction solution in multi-blockchain environment

Cheng,

Lv,

Alfarraj

et al. 2024

Heliyon

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Sidechain: storage land registry data using blockchain improve performance of search records

Cited by 19 publications

References 12 publications

A Systematic Literature Review on Blockchain for Real Estate Transactions: Benefits, Challenges, Enablers, and Inhibitors

A Systematic Literature Review on Blockchain for Real Estate Transactions: Benefits, Challenges, Enablers, and Inhibitors

Blockchain-Based Land Management for Sustainable Development

Secure cross-chain interaction solution in multi-blockchain environment

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