TY - GEN
T1 - Architecture in the Peruvian Real Estate Sector Based on Blockchain to Prevent Fraud
AU - Quiroz, Andres Raul Dolorier
AU - Murillo, Christian Manuel Valera
AU - Vargas, Pedro Segundo Castaneda
N1 - Publisher Copyright:
© 2024 ACM.
PY - 2024/1/23
Y1 - 2024/1/23
N2 - Within Peru's real estate realm, marked by discrepancies and opacity, this investigation explores the deployment of blockchain as a pioneering corrective, with Polkadot platform at its core. The study introduces a meticulous 6-stage smart contract protocol, encompassing the journey from initial recordal to blockchain-based contract consolidation. This methodology doesn't just forge an unalterable record; it also curtails intermediary dependence, thus bolstering transactional transparency and integrity. Initial findings endorse the viability and transformative potential of this approach, predicting a substantial evolution in Peru's property market. Moreover, in light of adapting to Peru's specific regulatory needs, the study underscores Polkadot's suitability over alternatives like Ethereum, marking it a superior choice in this national framework.
AB - Within Peru's real estate realm, marked by discrepancies and opacity, this investigation explores the deployment of blockchain as a pioneering corrective, with Polkadot platform at its core. The study introduces a meticulous 6-stage smart contract protocol, encompassing the journey from initial recordal to blockchain-based contract consolidation. This methodology doesn't just forge an unalterable record; it also curtails intermediary dependence, thus bolstering transactional transparency and integrity. Initial findings endorse the viability and transformative potential of this approach, predicting a substantial evolution in Peru's property market. Moreover, in light of adapting to Peru's specific regulatory needs, the study underscores Polkadot's suitability over alternatives like Ethereum, marking it a superior choice in this national framework.
KW - Blockchain technology
KW - Real estate fraud
KW - Real estate industry
KW - Real estate transactions
KW - Smart contracts
KW - Transaction security
KW - Transparency
UR - https://www.scopus.com/pages/publications/85191427464
U2 - 10.1145/3647722.3647724
DO - 10.1145/3647722.3647724
M3 - Contribución a la conferencia
AN - SCOPUS:85191427464
T3 - ACM International Conference Proceeding Series
SP - 7
EP - 13
BT - Proceedings of the 2024 7th International Conference on Software Engineering and Information Management, ICSIM 2024
PB - Association for Computing Machinery
T2 - 7th International Conference on Software Engineering and Information Management, ICSIM 2024
Y2 - 23 January 2024 through 25 January 2024
ER -