Bitland-A Decentralized Commercial Real Estate Platform

Abstract

Real estate has always been a significant investment sector, but it has a high barrier to entry. Bitland Project aims to use blockchain technology in the real estate market, which could have an impact on market inefficiencies. Bitland is a platform that uses smart contracts to provide services for selling fractional ownership, registering real estate in the property registration and investors to buy the commercial property. This paper discusses existing blockchain application use cases in the real estate market. The study discusses current problems and roadblocks that must be overcome before blockchain technology can completely mature in this business. The goal is to create a blockchain-based digital real estate network for the management of investment properties and to handle the distribution of real estate smart contracts.