Current Status, Requirements, and Challenges of Blockchain Application in Land Registry

Abstract

The land registry system is one of the crucial aspects of any government. Proper and reliable land management is essential for economic growth and governance. The traditional land registry model lacks many essential requirements and mired with a different type of malpractices and security concerns. Blockchain technology has been proposed as a possible solution to counter these malpractices and security concerns. Even though there are many advantages of using blockchain in the land registry, still there are some concerns and challenges that need to be reviewed and addressed for successful blockchain implementation in the land registry. This paper reviews the current state of blockchain implementation in the land registry and the existing project being implemented in different countries. It further highlights the requirements, implications and challenges for successfully implementing blockchain in the land registry system. This paper provides a future direction for new implementations.