A hyperledger fabric based tamper proof decentralized land registry system for Bangladesh
Abstract
In many countries, authorities in charge of land registration are commonly charged
for the improper treatment and manipulation of land records. This is the case in
both developed and developing nations. Property records in Bangladesh are particularly unprotected to fraud and corruption for the country’s widespread indigence
and low literacy rate. As a consequence of this, numerous parties assume several
levels of authority over a specific plot of property and claim that it belongs to
them in its entirety. The combination of these datasets has made it significantly
more likely that it will be subject to a variety of security threats. Research on
decentralized systems has attempted to find ways to improve the dependability of
these systems. These kinds of problems with centralized systems are currently being addressed through the development of decentralized solutions that are based on
blockchain technology. As the starting point for our investigation, our group plans
to create a hyperledger fabric system that can be used in the future and is based on
significant land record registration models. The Bangladeshi government agency in
charge of land registration will benefit in particular from the conceptual framework
that we have suggested. In this paper, we propose a conceptual working prototype
for the Bangladeshi government to use in constructing a decentralized land record
registration system. The prototype would structure the major components of the
system.