ETHProperty

A Secure & Decentralized way of managing your property records for Transparency and Zero Fraud property transfers.

ETHProperty

Created At

ETHIndia 2022

Winner of

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🏊 Push Protocol — Prize Pool

Project Description

The problem: Property is one of the most litigatious and controversial subjects in India. In 2021, according to the Centre for Policy Research’s Land Rights Initiative, an estimated 7.7 million Indians were affected by disputes over land, thereby threatening investments valued at about $200 billion. It also says 66% of all civil cases in India are related to either land or property disputes. In the Supreme Court, one out of four cases involves property issues.

So, we built ETHProperty.

  • ETHProperty is a decentralized application that manages people's property records.
  • It stores all the property records along with it's ownership & other details on blockchain for transparency, immutability & safety.
  • It enables zero fraud property transfers between two parties maintaining high integrity & trust. Property transfers on this application are simple, fast & secure.
  • The application also has a unified property marketplace where people can come and check the details of a particular property and raise a buy request hence eliminating intermediaries.

How it's Made

  • One of the major challenges we faced was to execute the smart contract on Goerli test network due to certain unexpected technical issues which came up after deploying the smart contract to Goerli testnet. After a lot of head scratching and deep dive, we were able to modify the client side code to properly interact with the smart contract deployed on Goerli.
  • Overall, we were new to the ecosystem of tools like Push protocol and IPFS. So, we went through the documentation to understand how to use them but thanks to their wonderful docs, we could finally implement them to solve our business usecase.
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