Application of blockchain technology for geospatial data protection and management

The aim of the work is to analyze the essence of the blockchain system and its architecture. Application of this ystem for geospatial data management, for solving mapping and land management. The uniqueness of the use of blockchain technologies eliminates the falsification of information in electronic registers by storing information “blocks”. The system does not have a single storage location. The data register is stored simultaneously for all participants in the system and is simultaneously updated with changes, which minimizes the risk of information loss. At the moment, we can trace such a global trend as the use of blockchain technology in various industries, because it affects most industries. We have the opportunity to use blockchain technology from our usual banking operations to real-time finance and real estate. Today, this trend integrates into other industries, which are actively developing and implementing numerous startups. It is safe to say that the blockchain is creating a revolution and today it can be compared with the ingenious invention of the XX century – the Internet. This technology gives us a completely new, different approach to storing information and conducting transactions by establishing trust rules. Due to this, this technology becomes more suitable because it has requirements with a high degree of security.