UGC Approved Journal no 63975(19)
New UGC Peer-Reviewed Rules

ISSN: 2349-5162 | ESTD Year : 2014
Volume 13 | Issue 3 | March 2026

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Published in:

Volume 11 Issue 5
May-2024
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR2405D85


Registration ID:
541710

Page Number

n647-n652

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Title

Decentralized Property Listings and Marketplace Using Blockchain-Based Platform

Abstract

In our research we aim to revolutionize property transactions by leveraging blockchain technology and Non-Fungible Tokens (NFTs) to create a decentralized property listing and marketplace. Traditional real estate transactions often involve multiple intermediaries, leading to inefficiencies and increased costs. By introducing blockchain technology, this paper seeks to streamline the buying and selling process, enhancing transparency and reducing transaction costs. In this decentralized marketplace, sellers initiate the process by listing their properties on the platform, which are then tokenized into NFTs, ensuring unique ownership rights and immutability on the blockchain. The NFTs are made available for purchase on the decentralized marketplace, enabling buyers to acquire properties directly without intermediaries. Participation in the marketplace requires buyers to have a MetaMask account linked to the platform, providing a secure cryptocurrency wallet and interface for interacting with decentralized applications. Facilitating property transactions are smart contracts, which automate and enforce the terms of the agreement encoded directly into the blockchain, ensuring secure and transparent ownership transfers. By decentralizing the property listing and marketplace, this paper aims to enhance transparency, reduce the risk of fraud, and lower barriers to entry for both buyers and sellers, offering a secure and efficient alternative to traditional real estate transactions and unlocking new opportunities within the global property market.

Key Words

NFT, Blockchain, Smart Contract, Real Estate

Cite This Article

"Decentralized Property Listings and Marketplace Using Blockchain-Based Platform", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.11, Issue 5, page no.n647-n652, May-2024, Available :http://www.jetir.org/papers/JETIR2405D85.pdf

ISSN


2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"Decentralized Property Listings and Marketplace Using Blockchain-Based Platform", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.11, Issue 5, page no. ppn647-n652, May-2024, Available at : http://www.jetir.org/papers/JETIR2405D85.pdf

Publication Details

Published Paper ID: JETIR2405D85
Registration ID: 541710
Published In: Volume 11 | Issue 5 | Year May-2024
DOI (Digital Object Identifier):
Page No: n647-n652
Country: Nasik, Maharashtra, India .
Area: Engineering
ISSN Number: 2349-5162
Publisher: IJ Publication


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