Towards a Land Records Administration Model in Vietnam using Blockchain Technology

Abstract

The paper presents the solution using the advantages of blockchain technology such as decentralization and data stored as blocks to apply in the land records administration system. The purpose is to make transactions transparent and ensure data saved to the blockchain safe, without any unauthorized modification. We propose a land records administration system model with the following characteristics: Citizens have permissions to monitor and manage the land that they own and receive automated notifications when any changes occur to their properties. Government registrars are those who receive and check the land records before updating land records, the entire record and the update process are recorded on the system and checked oversight by higher management authorities as well as stakeholders. The verification of ownership can be done easily and quickly through notary offices. At the same time, we also apply Hyperledger Fabric platform to build a blockchain system for ownership transfer. The application provides a web-based interface for stakeholders to perform ownership transfer, receive notifications, validate, executive, and monitor transactions.