Real Estate Management System Using Blockchain

Abstract

Abstract: The global real estate sector is currently hindered by centralized inefficiencies, opacity, and susceptibility to fraudulent activities. This paper presents a Real Estate Management System (REMS) utilizing Ethereum smart contracts and the InterPlanetary File System (IPFS) to establish a decentralized, tamper-proof registry. The system automates critical conveyancing processes, including ownership verification and funds escrow, thereby eliminating the need for traditional intermediaries such as brokers and notaries. By integrating a React.js frontend with a Node.js backend and MetaMask for non-custodial identity management, the proposed solution ensures high data integrity and operational efficiency. The study analyses the architectural implementation, security frameworks, and economic implications of transitioning from legacy databases to distributed ledger technology. Findings indicate that the proposed blockchain architecture significantly reduces transaction friction, enhances transparency, and provides a robust framework for secure property transfers. Index Terms: Blockchain, Smart Contracts, Real Estate, IPFS, Decentralization, Ethereum.