Web3 Blockchain Real Estate Dapp

Abstract

Abstract: The real estate sector faces persistent challenges,includingintermediary dependence, information asymmetry, fraud vulnerability, and limited liquidity,despite technological advancements in other industries. This paper presents the design, implementation, and evaluation of a blockchain-based solution addressing these challenges. Your platform, developed using Ethereum smart contracts, comprises a distributed property ledger, automated transaction processing, and property tokenization capabilities. Performance evaluation demonstrates substantial improvements over traditional methods: transaction times decreased by 90%, costs reduced by 80-90%, and security enhanced through immutable record-keeping. Property transfers that traditionally require weeks were executed in minutes, with smart contracts automating escrow management and document verification. The empirical results provide concrete evidence of blockchain's efficacy in real estate transactions and establish a framework adaptable across different property markets and regulatory environments