A literature review of land title with the aim of maximising the benefits of Blockchain technology in the management of Land Title in Nigeria

Abstract

Blockchain is a trending technology that has paved way to solving various challenges in different sectors. It has received much inter-est from researchers over the years, as it is known to be a trans-parent, secured, no third party and tamper-proof public records repository system for documents, contracts, properties and assets. Land title has been a major challenge in Nigeria due to the fact that existing system, digital archives, used to manage the sector is not effective, thus brought about issues such as, double spending, pos-sibility of tampering, third party interference and non-transparency of opera-tions. Hence the need for blockchain technology. Blockchain has characteristics, such as decentralization, security, immutability, smart contract, it is therefore expected to improve land title man-agement. This paper applies a content-analysis based literature re-view blockchain technology and existing method of land title in Ni-geria. This paper propose five benefits. Blockchain can help to im-prove proper land record keeping, information transparency, ac-countability, anonymity and avoidance of double spending.

Keywords

• blockchain
• land regulation
• ethereum
• smart contract