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Use Case: Smart Contract for Lease Agreements using Blockchain Technology
Macha Shanker1
Section:Research Paper, Product Type: Journal-Paper
Vol.7 ,
Issue.6 , pp.1-9, Dec-2019
CrossRef-DOI: https://doi.org/10.26438/ijsrcse/v7i6.19
Online published on Dec 31, 2019
Copyright © Macha Shanker . This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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IEEE Style Citation: Macha Shanker, “Use Case: Smart Contract for Lease Agreements using Blockchain Technology,” International Journal of Scientific Research in Computer Science and Engineering, Vol.7, Issue.6, pp.1-9, 2019.
MLA Style Citation: Macha Shanker "Use Case: Smart Contract for Lease Agreements using Blockchain Technology." International Journal of Scientific Research in Computer Science and Engineering 7.6 (2019): 1-9.
APA Style Citation: Macha Shanker, (2019). Use Case: Smart Contract for Lease Agreements using Blockchain Technology. International Journal of Scientific Research in Computer Science and Engineering, 7(6), 1-9.
BibTex Style Citation:
@article{Shanker_2019,
author = {Macha Shanker},
title = {Use Case: Smart Contract for Lease Agreements using Blockchain Technology},
journal = {International Journal of Scientific Research in Computer Science and Engineering},
issue_date = {12 2019},
volume = {7},
Issue = {6},
month = {12},
year = {2019},
issn = {2347-2693},
pages = {1-9},
url = {https://www.isroset.org/journal/IJSRCSE/full_paper_view.php?paper_id=1585},
doi = {https://doi.org/10.26438/ijcse/v7i6.19}
publisher = {IJCSE, Indore, INDIA},
}
RIS Style Citation:
TY - JOUR
DO = {https://doi.org/10.26438/ijcse/v7i6.19}
UR - https://www.isroset.org/journal/IJSRCSE/full_paper_view.php?paper_id=1585
TI - Use Case: Smart Contract for Lease Agreements using Blockchain Technology
T2 - International Journal of Scientific Research in Computer Science and Engineering
AU - Macha Shanker
PY - 2019
DA - 2019/12/31
PB - IJCSE, Indore, INDIA
SP - 1-9
IS - 6
VL - 7
SN - 2347-2693
ER -
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Abstract :
A blockchain Technology is a peer to peer distributed ledger counterfeit by consensus, combined with a system for smart contracts. Its uses peer to peer network architecture to connect each other, without a central authority. Blockchain has established from many industries, researchers and government bodies. This paper aims to present the Blockchain and smart contract for a specific domain which deals with real estate for solving issues like avoiding Third-parties, Brokerage service, Trusty Transaction, Settlement in between landlord and Tenant, etc. A complete overview and designing of Decentralized application with smart contract is obtainable and then implementing use case for leasing/ renting residential and business buildings is examined.
Key-Words / Index Term :
Blockchain, Ethereum, Smart Contract, Dapp[decentralized application], Lease/ Rental Agreement, estate
References :
[1] Satoshi Nakamoto. (2018) “Bitcoin: A Peer-to-Peer Electronic Cash System” https://bitcoin.org/bitcoin.pdf
[2]Deloitte. (2016) What is Blockchain? https://www2.deloitte.com/content/dam/Deloitte/uk/Documents/Innovation/deloitt e-uk- what-is-blockchain-2016.pdf
[3] Zhao, J.L., Fan, S. and Yan, J. (2016) Overview of Business Innovations and Research Opportunities in Blockchain and Introduction to the Special Issue. Financial Innovation, 2, 28. https://doi.org/10.1186/s40854-016-0049-2
[4] Deloitte. (2017) A New Game Changer for the Media Industry? https://www2.deloitte.com/content/dam/Deloitte/tr/Documents/technology-mediatelecommunications/deloitte-PoV-blockchain-media.pdf.
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[6] V.Buterin, “On public and private blockchains," Available online at: https://blog.ethereum.org/2015/08/07/on-public-and-private-blockchains/[Accessed 1/03/2017].
[7] Morris, David Z. (21 January 2014). "Bitcoin is not just digital currency. It`s Napster for finance". Fortune. Retrieved 7 November 2018.
[8] Cachin, Christian. "Architecture of the Hyperledger Blockchain Fabric". ibm.com.
[9] Chapter 9: Building a Secure Future, One blockchain at a time, US Senate Joint Economic Committee, March 2018.
[10] "Belarus Enacts Unique Legal Framework for Crypto Economy Stakeholders" (PDF). Deloitte. December 27, 2017.
[11]W. Banasik, S. Dziembowski, and D. Malinowski, “Efficient zero-knowledge contingent payments in cryptocurrencies without scripts," in European Symposium on Research in Computer Security, pp. 261-280, Springer, 2016.
[12] W. Egbertsen, G. Hardeman, M. van den Hoven, G. van der Kolk, and A. van Rijsewijk, “Replacing paper contracts with ethereum smart contracts," 2016.
[13]”Implementation of Lease Agreement” code available in shankermjj Repository with proper Guidelines. https://github.com/shankermjj/Rental-Agreement.
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