NOVEL PROPOSAL FOR AUTOMATION OF LAND REGISTRATIONS USING BLOCK CHAIN TECHNOLOGY

Bitcoins are currently gaining popularity among the internet users with their novel approach of dominating the third-party validation like the involvement of banks or trusted third parties in financial transactions. The main technology enabling the rampant rise in the implementation of cryptocurrencies like Bitcoins is Block Chain Technology. Though the block chain technology is much older in its conceptualization and realization, bitcoins popularized it. Block chain technology is an enabling solution for the next generation security issues across different domains. However, the potential of block chain is not yet unleashed with respect to several other problems pertaining to domains like Healthcare, Insurance, remains to be tapped. The whole offline system could completely be automated with the help of block chain technology. An endeavor to propose a novel strategy to automate registration of lands using block chain technology to avoid the typical problems associated with offline registrations is made here.