Architecture in the Peruvian Real Estate Sector Based on Blockchain to Prevent Fraud

• Autores: Quiroz, Andres Raul Dolorier, Murillo, Christian Manuel Valera, Vargas, Pedro Segundo Castaneda
• Formato: artículo
• Fecha de Publicación: 2024
• Institución: Universidad Peruana de Ciencias Aplicadas
• Repositorio: UPC-Institucional
• Lenguaje: inglés
• OAI Identifier: oai:repositorioacademico.upc.edu.pe:10757/676069
• Enlace del recurso: http://hdl.handle.net/10757/676069
• Nivel de acceso: acceso embargado
• Materia: Blockchain technology; Real estate fraud; Real estate industry; Real estate transactions; Smart contracts; Transaction security; Transparency

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.