Abstract
In recent years it has been demonstrated that the use of the traditional property registry models involves the risk of corruption along with long waiting times. This paper points out the main problems of conventional models and makes a survey on new ones, based on blockchain technology, already being developed as proof of concepts by different countries. With the use of this technology in land registry systems, it is possible to improve the transparency of the processes as well as optimizing costs and time in the realization of these. To show the theoretic results of this study, it has been taken the Spanish land registry as a use case to compare them.
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Acknowledgements
The research of Yeray Mezquita is supported by the pre-doctoral fellowship from the University of Salamanca and Banco Santander. Also, this work has been partially supported by the Interreg Spain-Portugal V-A Program (PocTep) under grant 0677_DISRUPTIVE_2_E (Intensifying the activity of Digital Innovation Hubs within the PocTep region to boost the development of disruptive and last generation ICTs through cross-border cooperation).
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Mezquita, Y., Parra, J., Perez, E., Prieto, J., Corchado, J.M. (2021). Blockchain-Based Systems in Land Registry, A Survey of Their Use and Economic Implications. In: Herrero, Á., Cambra, C., Urda, D., Sedano, J., Quintián, H., Corchado, E. (eds) 13th International Conference on Computational Intelligence in Security for Information Systems (CISIS 2020). CISIS 2019. Advances in Intelligent Systems and Computing, vol 1267. Springer, Cham. https://doi.org/10.1007/978-3-030-57805-3_2
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