Distributed Ledger Technology based Property Transaction System with Support for IoT Devices

Blockchain-baseddistributedledgertechnology(DLT)istransformingtheexistingoperationalmodels ofeconomy,financialtransactionsandothergovernmentmachineriessoastoallowthesetooperate inamuchmoresecureanddecentralizedmanner.Thisresearchfocusesonprovidingframework for decentralized and secure P2P infrastructure for handling e-stamp and property registration mechanismalongwith interface for verificationof documentoriginality.Theproposed efficient consensusmechanismreducestheoverheadofbroadcastinganewblockbymorethan50%coupled withsavingCPUcomputationpoweralongwithnetworkbandwidth.Toensurethatevenpeopleat remotelocationswithconstrainedresourcesareabletoparticipateandharnessthesebenefits,acloud serverarchitecture&webinterfaceforverificationofpropertyregistereddeedisalsoproposed. KeywoRDS Cloud Server, Consensus Mechanism, Constrained Devices, Distributed Ledger Technology, E-Registry, Internet Of Things, Peer-To-Peer Computing, Reverse Proxy Server, Smart Contract, Web Services

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