Geospatial Smart Contracts

Abstract

This abstract explores the convergence of Geographic Information Systems (GIS), blockchain technology, and AI in creating Geospatial Smart Contracts (GSCs) for real estate. The research demonstrates how GSCs autonomously verify, execute, and enforce property agreements based on trusted spatial data, addressing challenges in title management, regulatory compliance, and transaction efficiency. Through examination of architectural frameworks, case studies, and implementation challenges including oracle integration and AI validation this chapter reveals that GSCs can reduce transaction times by up to 70% and eliminate fraud. Key findings indicate successful implementation requires standardized geospatial data, robust legal frameworks, and cross-jurisdictional cooperation. This chapter provides actionable insights for developers and policymakers seeking to implement location-aware automated agreements.