Leveraging Blockchain Technology for Enhancing Land Security in Anambra State
A. N Ekebuike, M. N Ono, E.C. Igbokwe · International Journal of Latest Technology in Engineering Management & Applied Science · 2024
This paper explores the transformative potential of blockchain technology in revolutionizing land security and management, with a focus on its applicability to Anambra State, Nigeria. Traditional land registry systems in the region face challenges such as fraud, inefficiency, and corruption. Blockchain technology, characterized by its decentralized and transparent ledger, offers solutions to these issues. The paper highlights the significance of transparent and immutable records, smart contracts, decentralization, efficiency gains, and global accessibility in leveraging blockchain for land security. Challenges specific to Anambra State, including technological infrastructure, regulatory frameworks, and public awareness, are addressed. The conclusion emphasizes the collaborative efforts required from governments, industry stakeholders, and the international community to overcome challenges and create a regulatory framework conducive to the widespread adoption of blockchain technology, thereby enhancing land security and fostering sustainable development.