The problem Land Vault solves

Fraud Prevention; Blockchain technology offers an transparent ledger ensuring that land transactions are free, from fraud. It prevents practices such as selling the property twice or forging land titles.

Increased Transparency; With blockchain there is an unchangeable record of land ownership and transactions. This transparency reduces conflicts. Guarantees the accuracy of records.

Security and Trust; The security and decentralized nature of blockchain enhance trust in the process of registering land minimizing the reliance on intermediaries and third parties.

Efficiency and Cost Reductions; Blockchain simplifies the land registration process by reducing paperwork, bureaucracy and associated expenses. Smart contracts. Expedite ownership transfers.

Accessibility; Blockchain based land registration can be accessed online making it more accessible to a range of individuals. This accessibility is particularly advantageous in regions where traditional land records may be less reliable.

Curbing Corruption; By eliminating intermediaries and providing a record blockchain significantly reduces opportunities for corruption during the land registration process.

Simplified Verification Process; Buyers and investors can easily verify land ownership and transaction history on the blockchain simplifying their due diligence efforts.

Global Interoperability; Blockchain facilitates border property transactions by offering a standardized platform, for registering land. This makes it easier for international buyers and investors to engage in transactions.

Clarity of Ownership Titles;
Blockchain technology plays a role, in ensuring precise documentation of land titles, which significantly reduces confusion and legal conflicts associated with property ownership.

Challenges we ran into

We created it utilising resources from github, YouTube, and other websites because we are newbies in blockchain technology. We learned everything from the ground up.