Land Title Solutions Across The World With Blockchain: A Review

Dawood H. M. (), Chee Liew and Marcia Edna Santhana Rajan ()
Additional contact information
Dawood H. M.: UCSI University
Marcia Edna Santhana Rajan: UCSI University

A chapter in Blockchain in Real Estate, 2024, pp 233-255 from Springer

Abstract: Abstract This review summarizes the most recent literature on land title administration challenges worldwide. It focuses discussion on five main challenges in land title administration and highlights the significance of blockchain technology in resolving these issues globally, particularly how such technology can improve the efficiency, transparency and security of land records systems, thus making it easier to verify land ownership and transfer of title. Articles that explored the land title phenomena, blockchain technology and discussed the implementation of blockchain in land titles were extracted from the Scopus database between 2015 and 2023. Despite the three main challenges of this technology, adopting blockchain in land title administration can enhance its efficiency, resolve its issues, strengthen regulators’ position and promote investments in land property. Henceforth, this review provides distinct practical contributions in a few ways. Implementing blockchain technology in land title administration can support regulators worldwide through increased transparency and accountability, improved efficiency and cost savings, enhanced security and trust, better data management and analysis and facilitation of cross-border transactions. It can also encourage land property investments worldwide by creating a secure, efficient and transparent land title system that reduces the risk of fraud, errors and corruption.

Keywords: Land title; Blockchain; Landowners; PropTech; Land regulation; Land investment; COVID-19 (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-99-8533-3_12

Ordering information: This item can be ordered from
http://www.springer.com/9789819985333

DOI: 10.1007/978-981-99-8533-3_12

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().