PROPCHAIN: A Blockchain-Based Real Estate Platform

Abstract

The real estate sector faces numerous challenges, including lack of transparency, fraudulent transactions, and delays in property registration. Traditional land record systems are often paper-based and centralized, making them vulnerable to tampering and data loss. To address these issues, a blockchain- based real estate management system has been proposed. This system ensures secure and tamper-proof property records by leveraging the decentralized nature of blockchain technology. Smart contracts are used to automate property transactions, reducing the need for intermediaries and minimizing human error. Every transaction is stored permanently on the blockchain, ensuring transparency, traceability, and trust among all parties involved. By eliminating middlemen and enhancing security, the proposed system creates a more efficient and reliable platform for property buying, selling, and ownership transfer.