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Blockchain Technology

There may be a chance of imposters posing as the seller of a property.

In many situations, both the buyers and the sellers have been unaware of

the fraud until it was discovered by the land registry as part of a spot check

exercise.

3. Human error

The land registry system is more vulnerable to human error. Because the

updates to the land registry records are done manually, and the accuracy of

these updates depends on a particular individual, human intervention leads

to the chance of errors in the land registry system.

4. Time delays

The land registry takes several months for registration and updating.

Many legal issues delay the entire process,and buyers have to wait for a

long time.

5.6  DIGITAL LAND REGISTRATION SYSTEM

The digitalized land registration system provides confidentiality and security and

reduces the time and the labour involvement in selling property. To develop a land

registration system digitally, re-engineering procedures are required to permit

electronic submission of records and authenticate the legitimacy of those records.

Transformationis needed mutually atthe technical level and the legal level (Shang

et​.a​l, 2019).The digitalized land registration system improves the turnaround time

for carrying out business at the Deeds Registry(Eder G,2019). This ensures that land

information is accessible and transparent to the public. The overall architecture of

the digital land registration process is shown in Figure 5.1. Advantages of a digi­

talized land registration system are:

1. It is possible to unitea huge amount of information in a single database.

2. It helps to minimizereplication in the information storage.

3. It optimizes the methods by reorganization workflows and helps in compil­

ing information in ways that arenot possible withmanual systems.

4. It speeds up the processing time in transferring property rights.

5. It is used to set up tracking mechanisms in a land registrysystem to assess

its performance and improvethe services to the customers.

6. It provides data accuracy.

7. It keeps the informationup to date.

8. It provides a built-in method for quality control.

9. Itenables consistency checks and data verification to be achievedpromptly.

10. It increases security by allowing backup copies to be made available. The

latest data can be saved in different locations, and data are protected from

natural disasters.

11. It provides data transparency by creating land records available to the

public.

12. People can access data in diverse locations simultaneously.