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Real estate is a type of material asset that includes both undeveloped land and constructed structures like roads, buildings, and other infrastructure. It can be broadly divided into three categories: commercial, industrial, and residential. Real estate is regarded as one of the safest and most reliable investment options available. Importantly, everyone can invest in real estate; it's not just professionals. It gives investors a sense of security and acts as a buffer against inflation. It is a tangible asset that enhances any investment portfolio and is mainly sought after for long-term growth. Real estate has long been seen as a low-risk investment because of its low volatility.
According to MSCI, the global real estate investment market expanded by 7.8% from £6.55 trillion in 2018 to £7.06 trillion in 2019. Despite its immense worth, the business remains complex, opaque, costly, and inefficient for novice and small investors. Because institutions and high-net-worth individuals control this market, it is difficult for average investors to make sizable gains. Real estate offers protection against unanticipated risks, but because of its illiquidity, it is challenging to recover the money spent in such endeavors.
The present state of blockchain technology and its potential to transform traditional business practices are examined in this study. It looks at development platforms, application domains, consensus techniques, and blockchain architecture. By contrasting numerous consensus processes according to use-case scenarios, it also draws attention to the difficulties and constraints in the current study. The implementation strategy, system architecture, and transaction process of the blockchain-based real estate transaction platform based on Hyperledger Fabric technology are described in this article.
"Blockchain-Enabled Real Estate Transactions: A Hyperledger Fabric-Based Framework for Enhanced Transparency and Liquidity", International Journal of Science & Engineering Development Research (www.ijrti.org), ISSN:2455-2631, Vol.10, Issue 8, page no.a556-a559, August-2025, Available :http://www.ijrti.org/papers/IJRTI2508068.pdf
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2456-3315 | IMPACT FACTOR: 8.14 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.14 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator