It is an innovative fusion of geospatial data and blockchain technology. It leverages the capabilities of blockchain to securely and transparently manage geospatial information, allowing for more reliable and efficient management of location-based data and services.
Published in Chapter:
Geospatial Blockchain Applications for Land Administration in Pakistan
Copyright: © 2024
|Pages: 27
DOI: 10.4018/979-8-3693-0405-1.ch007
Abstract
In an era characterized by rapid technological progress, the persistent challenges of land administration are on the verge of a groundbreaking transformation through the adoption of blockchain technology. Originating with the advent of Bitcoin in 2008, blockchain has emerged as a beacon of hope, promising transparency, trust, immutability, and security in recording transactions. This innovative technology holds immense potential to revolutionize the landscape of land administration in Pakistan, a nation burdened by antiquated paper-based systems, corruption, land disputes, and inefficiencies. Embracing blockchain can offer Pakistan the prospect of an era marked by improved governance, diminished fraud, streamlined record-keeping, and equitable access to vital land information. Nonetheless, the path forward is strewn with challenges, necessitating the establishment of robust legal frameworks, capacity-building initiatives, and the resolution of privacy concerns.