Blockchain Based Residential Smart Rent
CoRR(2024)
摘要
The real estate market includes complex and inefficient mediation processes.
Renting a property envolves multiple entities with different responsibilities
and interests. Therefore it is imperative to establish a trustful relationship
between parties through intermediaries such as notaries, banks or real estate
agencies to avoid eventual disputes. Although an intermediary ensures trust,
the current process still has some drawbacks concerning efficiency, costs,
transparency, bureaucracy and data security. The blockchain technology aims to
reduce this issues by providing transparent and secure real estate
transactions. We propose a GDPR compliant blockchain-based residential smart
rental platform, designed to allow both landlords and tenants to establish
rental contracts and make rental payments securely.
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