Abstract
Traditional real estate management faces challenges like lack of transparency, inefficiency, and fraud. Blockchain has been proposed as a solution, but its full potential remains untapped. Our paper introduces a sophisticated approach, combining Non-Fungible Tokens (NFTs), InterPlanetary File System (IPFS), and blockchain technology. Using Ethereum’s ERC721 standard, we create unique NFTs for real estate assets, guaranteeing ownership and transferability. IPFS, integrated via Node.js, ensures permanent data storage for each NFT, preserving asset information integrity. What sets our model apart is its multi-platform deployment on Fantom, Polygon, Binance Smart Chain, and Celo networks, enhancing resilience and accessibility. This robust integration offers a transformative tool for real estate management, enabling transparent, secure, and efficient transactions, promoting market efficiency, and bolstering investor confidence.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Similar content being viewed by others
References
EUROSTAT: Real estate activity statistics - nace rev. 2. [Online] (2015). https://ec.europa.eu/eurostat/statistics-explained/index.php?title=Real_estate_activity_statistics_-_NACE_Rev._2 &oldid=572702
Ha, X.S., et al.: Dem-cod: novel access-control-based cash on delivery mechanism for decentralized marketplace. In: the International Conference on Trust, Security and Privacy in Computing and Communications (TrustCom), pp. 71–78 (2020)
Kalyuzhnova, N.: Transformation of the real estate market on the basis of use of the blockchain technologies: opportunities and problems. In: MATEC Web of Conferences 212 (2018)
Krupa, K.S.J., Akhil, M.S.: Reshaping the Real Estate Industry Using Blockchain, vol. 545, pp. 255–263 (2019)
Le, H.T., et al.: Introducing multi shippers mechanism for decentralized cash on delivery system. Int. J. Adv. Comput. Sci. Appl. 10(6) (2019)
Le, N.T.T., et al.: Assuring non-fraudulent transactions in cash on delivery by introducing double smart contracts. Int. J. Adv. Comput. Sci. Appl. 10(5), 677–684 (2019)
Nasarre-Aznar, S.: Collaborative housing and blockchain. Administration 66(2), 59–82 (2018)
Quoc, K.L., et al.: Sssb: an approach to insurance for cross-border exchange by using smart contracts. In: Mobile Web and Intelligent Information Systems: 18th International Conference, pp. 179–192. Springer, Cham (2022). https://doi.org/10.1007/978-3-031-14391-5_14
Veuger, J.: Trust in a viable real estate economy with disruption and blockchain. Facilities (2018)
Author information
Authors and Affiliations
Corresponding authors
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2023 The Author(s), under exclusive license to Springer Nature Switzerland AG
About this paper
Cite this paper
Hung, N.N. et al. (2023). Revolutionizing Real Estate: A Blockchain, NFT, and IPFS Multi-platform Approach. In: Delir Haghighi, P., et al. Information Integration and Web Intelligence. iiWAS 2023. Lecture Notes in Computer Science, vol 14416. Springer, Cham. https://doi.org/10.1007/978-3-031-48316-5_10
Download citation
DOI: https://doi.org/10.1007/978-3-031-48316-5_10
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-031-48315-8
Online ISBN: 978-3-031-48316-5
eBook Packages: Computer ScienceComputer Science (R0)