Towards Blockchainizing Land Valuation Certificate Management Procedures in Vietnam

Nguyen, Ngoc-Hoa; Nguyen, Binh Minh; Dao, Thanh-Chung; Do, Ba-Lam

doi:10.1109/rivf48685.2020.9140766

Cited by 13 publications

(9 citation statements)

References 8 publications

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“…Whereas, Aquib et al [52] and Nguyen et al have documented BlockChain solutions for land registration to stop data edits and improve auditability. Nevertheless, the solution by Aquib admits to some barriers to data accessibility, and Nguyen et al [53] aimed at the production of a proof of concept prototype for the blockchain application related to the Vietnamese land management by the framework of Hyperledger Fabric. Kaushik [54] and the group of researchers moreover talked about the early stage of Blockchain-based registry improvement in Andhra Pradesh, so the transition from centralized paper systems to the decentralized Blockchain network.…”

Section: Literature Reviewmentioning

confidence: 99%

Blockchain-Enabled Framework for Transparent Land Lease and Mortgage Management

Junaid,

Bilal,

Shuja

et al. 2024

IEEE Access

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A land administration system (LAS) is a structured framework designed to govern the management of land resources in a specific region or country. However, LAS faces challenges like inefficiencies, a lack of transparency, and susceptibility to fraud. The digitization of land records improved efficiency but failed to address manipulation, centralized databases, and double-spending issues. Traditional lease and mortgage management systems also suffer from complexity, errors, and a lack of real-time validation. At present, a significant influx of land transactions produces substantial data, classifiable as big data due to constant minute-to-minute occurrences like land transfers, acquisitions, document verification, and leasing/mortgaging transactions. In this context, we present a Blockchain-driven system that not only tackles alteration and double-spending issues in traditional systems but also implements distributed data management. Current state-of-the-art solutions do not fully incorporate crucial features of Blockchain, such as transparency, prevention of double-spending, auditability, immutability, and user participation. To tackle this problem, this research introduces a comprehensive Blockchain-powered framework for lease and mortgage management, addressing transparency, user involvement, and double-spending prevention. Unlike existing solutions, our framework integrates key Blockchain characteristics for a holistic approach. Through practical use cases involving property owners, banks, and financial institutions, we establish a secure, distributed, and transparent method for property financing. We verify the system by employing smart contracts and assess the cost and security parameters while validating the blockchain-based mortgage and lease functions.INDEX TERMS mortgage, distributed ledger, Blockchain, transparency, and user involvement.

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Section: Literature Reviewmentioning

confidence: 99%

Blockchain-Enabled Framework for Transparent Land Lease and Mortgage Management

Junaid,

Bilal,

Shuja

et al. 2024

IEEE Access

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“…Nguyen et al [24] provided a draught and early test of Vietnam's land valuation certificate management processes that will be blockchain-based. They concentrated on examining the current land appraisal certificate management procedures and the egovernment architectural framework of MONRE.…”

Section: Land Registrymentioning

confidence: 99%

Blockchain Technology for e-Government

Walde¹,

Yadav²

2022

IJRASET

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Information and communication technologies are used by e-Government to deliver governmental services to people and companies instantly, effectively, and efficiently. The majority of current e-government systems are centrally located on redundant servers and databases that may have single points of failure, rendering the systems susceptible to cyber-attacks. Blockchain technology makes it possible to build a decentralised, incredibly secure system without the need for a central authority to monitor transactions. Blockchain technology, which encrypts data and distributes it over the network, improves information security and privacy and gives governments new chances to increase transparency, stop fraud, and foster citizen confidence. In this paper, we primarily cover the overview of blockchain technology, architecture of blockchain, consensus models and the blockchain use cases in e-Government

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“…Nguyen et al [36] have experimented and evaluated the use of blockchain for issuing land valuation certificates. They have defined a generic blockchain model for managing procedure integrated with the e-government services framework.…”

Section: Land Property Servicesmentioning

confidence: 99%

The Use of Blockchain Technology in e-Government Services

2021

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e-Government services have evolved significantly over the last decade, from a paper-based bureaucratic procedure to digital services. Electronically processed transactions require limited physical interaction with the public administration, and provide reduced response times, increased transparency, confidentiality and integrity. Blockchain technology enhances many of the above properties as it facilitates immutability and transparency for the recorded transactions and can help establish trust among participants. In this paper, we conduct a literature review on the use of blockchain technology in e-government applications to identify e-government services that can benefit from the use of blockchains, types of technologies that are chosen for the proposed solutions, and their corresponding maturity levels. The aim is to demonstrate blockchain’s potential and contribution to the field, provide useful insights to governments who are considering investing in this innovative technology, and facilitate researchers in their future activities in blockchain-enabled e-government services.

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Towards Blockchainizing Land Valuation Certificate Management Procedures in Vietnam

Cited by 13 publications

References 8 publications

Blockchain-Enabled Framework for Transparent Land Lease and Mortgage Management

Blockchain-Enabled Framework for Transparent Land Lease and Mortgage Management

Blockchain Technology for e-Government

The Use of Blockchain Technology in e-Government Services

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