Project Abstract

Blockchain has risen in popularity in recent years due to its security, decentralisation, and transparency. Real estate is one sector where these features offer a large potential, where traditional property transaction process are slow, costly, and too reliant on intermediaries. This project aims to explore the implementation of blockchain technology, specifically NFTs and Smart Contracts, in property transactions, through the development of a decentralised prototype, to streamline property transactions. The methodology follows the Agile approach, focusing on three stages: the design and implementation of a smart contract using Solidity, the development of a frontend that allows users to interact with the smart contract using React.js and Web3.js, and comprehensive testing to simulate blockchain interactions and identify bugs using both Hardhat and Sepolia test networks. This project shows that blockchain can automate key property processes such as escrow, reduce fraud, and improve trust through tamper-proof ownership records. In addition, it demonstrates how NFTs can represent real-world property assets. This work contributes to the emerging field of decentralised real estate systems by offering a practical, tested framework. It provides insights on the technical and usability challenges of blockchain adoption, and highlights the potential for real-world implementation.

Keywords: Blockchain, Smart Contract, Non-Fungible Token

 Conference Details

Session: A

Location: Sir Stanley Clarke Auditorium at 11:00 13:00

Markers: Arnold Beckmann, Matt Roach

Course: BSc Computer Science 3yr FT

Future Plans: I’m looking for work