Property Ownership Dapp

How It Works

Property Ownership Dapp

How It Works

Decentralized applications, or dapps, are applications that are deployed on the Ethereum blockchain. This makes them decentralized, and their records immutable and secure. Dapps have multiple use cases, such as in property ownership, voting, etc. There are some huge dapps already in existence. A major example is Cryptokitties, which enables you to trade collectible items (kittens).

I recently created my own property ownership dapp and deployed it on my local network. Check the out video I made here!

Dapps are extremely useful and can prevent and fix a lot of issues in modern society, including those relating to security and record-keeping. They also have use cases in other areas, as demonstrated by dapps like Cryptokitties. Decentralized applications are going to become huge with developers creating dapps and coming up with ideas for new dapps every day.

How it Works

Stopping Double-Spending

Every time someone transfers a property, the property's owner is changed to the new owner in a mapping. Whenever someone tries to transfer a property, the program makes sure that their account address is listed as the owner of this property.

Immutable Records

Properties, their owners, and how many properties addresses own are all stored on the blockchain. This keeps these records safe from hacks or anything that could change the records other than a regular transfer or allotment of property.

Easy to Transfer

The dapp has a simple interface that allows you to allot and transfer properties by simply copying and pasting the address of the person you want to transfer the property to and the name of the property. Results are displayed almost immediately.

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