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Blockchain Technology
of rights due to a natural disaster. The digitizing land registration system also has
some risks, such as the alteration of records, error or vulnerability to fraud. These
kinds of riskshave affected the integrity of stored records.The blockchain technol
ogy improves and digitalizes the central registry process to build the underlying
trust infrastructure. It improves transparency and prevents fraud cases. It improves
the data security, reliability and legitimacy of land records. Blockchain technology
has many characteristics, such as immutability, decentralization, transparency and
timestamp features, etc., that provide further certainty over the stored contents of the
land registry system.A complete record is mandatory to avoid doubts and uncertain
ties. Thus, blockchain technology will provide a reliable digitalized land registration
system with certainty and a true picture of the rights that are held by a person over
a specific property.Future work could be the implementation of a hybrid blockchain
and the outline of land-related funding, security simulation and prevention. Other
important future work could include smart contract security, risk analysis and Public
Key Infrastructure management for secure electronic transfer of information.
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