INTRODUCTION

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Land ownership has suffered from inefficiencies, fraud, and lack of transparency for many years. Most land registration systems still rely on manual records and intermediaries that increase the cost and time of transferring property. However, blockchain technology together with PUSS Coin creates a secure tamper-proof system that increases trust, accessibility and automation in land registration and management.

PUSS Coin’s blockchain enables a decentralized time-stamped proof of ownership making sure of historical accuracy to decrease conflicts. Also, the using of smart contracts for leasing or transferring land reduces human errors and legal ambiguities. Consequently, this results in faster, cheaper and more reliable transaction compared to traditional systems.

Also, using satellite & drone images with blockchain technology makes land data verifiable and visual validated. With this combination more accuracy on boundary mapping and dispute solving can be provided. So PUSS Coin will provide the best facility to digitized, secured & modern land registry system for government, business or individual.

• TIME-STAMPED PROOF OF OWNERSHIP

Blockchain makes it so that every land transaction is time-stamped on a decentralized ledger forever. Every ownership transfer, dispute or agreement is recorded with a date and time that can be trusted, creating an historical chain that is hard to tamper with or counterfeit.

Time-stamped entries provide a legal proof and evidence. However, when these data records are anchored to a blockchain like PUSS Coin’s, they become immutable and time-stamped so that everyone can trust the sequence of ownership. This creates transparency that builds confidence in the land registration process.

Also, timestamping does not only demand accountability from private actors but also the government. If each update is anchored with a specific moment in time, it is impossible to backdate, edit or delete records of ownership which will reduce corruption almost to zero level and also helps to revamp land administration systems.

• COST REDUCTION IN LAND TRANSFER PROCESSES

In traditional land transfer processes, intermediaries like lawyers, surveyors and government officials make the process expensive and time consuming. Blockchain along with use of PUSS Coin can actually remove most of these layers by automating the whole process using smart contracts and secure digital verification mechanism.

Blockchain eliminates the necessity for physical paperwork and lengthy approval chains, as buyers and sellers can now initiate and finalize land transactions using self-executable smart contracts, that is, those contracts made in blockchain applications which are only executed when all the contract‘s conditions have been met. This immediately results in time savings, cost reductions and a risk reduction of corruption or human mistakes during an approval process.

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PUSS Coin can be a direct payment for land deals that will cut off banking fees and currency exchange risks. Therefore, more citizens, especially those with low income or living in rural areas, can access the legal opportunities of land ownership and transfer at an affordable price easily.

• LAND LEASING THROUGH SMART CONTRACTS

Leasing of land using the smart contract, simply the whole process as the entire leasing process is set to execute automatically. Leasing related agreements between Land owner and Tenant can be done digitally. Once the criteria met i.e. Rent paid then based on predefined logic provided access is either renewed or terminated.

Smart contracts create a source of truth, which eliminates the requirement to trust a third party. If the tenant defaults or the contract expires then the smart contract immediately updates their right on-chain to reflect that they no longer have access to the land; no litigation required.

This allows farmers, startups or businesses dependent on leased land to obtain more predictable and enforceable agreements. PUSS Coin is used within these smart contracts as a means of quickly transmitting and securing digital payment and thus effectively demonstrating an entire smooth process from obtaining access and control over land.

• INTEGRATION WITH SATELLITE AND DRONE DATA

Satellite and drone data can be integrated with blockchain to obtain latest imagery of land parcels. This will help in mapping lands accurately and verifying the boundaries, as most of the land disputes arise because of vague or overlapping descriptions in rural or un-developed regions.

Combining this data with blockchain means that each plot will have a visual and geospatial reference on the ledger permanently. Any update to land, whether construction, encroachment or environmental can be updated and the ground live imagery can be compared to the recorded one to enhance trust.

This will benefit government agencies in monitoring, real estate developers and individuals – as monitoring is enhanced, urban planning is better supported and disaster management maintains a good record of land use. With PUSS Coin payments or taxes related to the land can be triggered through verified visual data.

CONCLUSION

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PUSS Coin is n using blockchain transparency with other advanced technologies like satellite data and smart contracts to solve the method of land registration, along with time-stamped records, automated leasing, cost-effective transfers, and geospatial integration. PUSS Coin solution is designed to reduce fraud, decrease costs and provide access to reliable and transparent property systems to all owners or parties involved in the land.