The other problem with the real estate industry is the storage of title records or Land Records. The actual property records are stored and maintained at the local department levels. Moreover, deeds of the trust rely heavily on the original old paper documentation, which is exposed to corruption and natural disasters. To tackle such a problem, we can create a multiple ledger based solution. Each township or county stores their land record on the individual ledger as per their jurisdiction. All the files will be securely stored and instantly accessible, including historical Land Records.

Tokens can be used over the blockchain for the transfer of ownership of the land titles. This solution also gives us the option of micro property ownership, where we can utilize the smart contract to divide and pay for the micro property The benefits of using such a solution are that it negates the risk of fraud, abuse, and manipulation of land records. Moreover, it will also provide the entry barrier for the middle class families to buy micro properties. multiple nodes over the blockchain will also prevent the loss of data during the time of natural disasters. Now let's visualize the use case with the help of a diagram. We have land owners available who submit the land records to the real estate registers.

The real estate registers, verify the documents for regulation and compliances and also check whether the land records are already present over the blockchain or not. Once everything has been confirmed, the real estate registers can store the hash of the land records over the blockchain while saving the actual documents. Over secure storage, how does hash help us? The hash of the land records, maintain the data integrity. Even if someone gets the access to the secure storage and change the land records, the hash of that land record will be different. And we will be able to verify that this is not supposed to happen.

Also, by storing only the hash of the land record, we make sure that the blockchain is continuously available and scalable. All the data is available immutably between the parties involved. We can create reports based system which will take the data from the blockchain and provide the access of the reports to different parties. The landowners can use these reports to see how the prices are fluctuating for various properties. Moreover, real estate registers can also use these reports to assess the risk regulation and compliance is required to be followed by the landowners.