Blockchain Real-Estate Property Using Smart Contract

• Author(s): Sana Chaudhari ; Pradyumna Babhulgaonkar ; Rajnandini Baheti ; Yash Shah ; Rutuja Kulkarni; Aarti Deshpande
• Paper ID: 1704443
• Page: 663-666
• Published Date: 29-05-2023
• Published In: Iconic Research And Engineering Journals
• Publisher: IRE Journals
• e-ISSN: 2456-8880
• Volume/Issue: Volume 6 Issue 11 May-2023

Abstract

In the areas of housing rental markets, many landlords charge false rental information and it becomes very difficult for the government to keep track of the housing rental situations. In this paper, a block chain based solution is proposed to overcome the problems faced in housing rental systems. This solution uses smart contracts. Smart contracts are agreements that are executed when certain conditions are met. These will manage all the information listed in IPFS (Inter Planetary File System). The integrity in block chain technology used here, makes the approach very reliable and secure. This will help to avoid third parties, brokerage services etc.

Keywords

Smart Contracts, Ethereum, Inter Planetary File System (IPFS), Block Chain, Secure Hashing Algortihm (SHA)-256, Encryption, Lease/Rental Agreements, Rental System.

Citations

IRE Journals:
Sana Chaudhari , Pradyumna Babhulgaonkar , Rajnandini Baheti , Yash Shah , Rutuja Kulkarni; Aarti Deshpande "Blockchain Real-Estate Property Using Smart Contract" Iconic Research And Engineering Journals Volume 6 Issue 11 2023 Page 663-666

IEEE:
Sana Chaudhari , Pradyumna Babhulgaonkar , Rajnandini Baheti , Yash Shah , Rutuja Kulkarni; Aarti Deshpande "Blockchain Real-Estate Property Using Smart Contract" Iconic Research And Engineering Journals, 6(11)