Blockchain and smart contracts applied in Real Estate Law and their repercussions for agribusiness companies
Bureaucracy and lack of diligence are considered significant obstacles to the execution of legal transactions. Mindful of the issues arising from delays in information exchange among public entities, blockchain technology and smart contracts may bring the desired efficiency without compromising the...
| Autores: | , , , |
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| Tipo de recurso: | artículo |
| Estado: | Versión publicada |
| Fecha de publicación: | 2024 |
| País: | Brasil |
| Institución: | Universidade Estadual do Oeste do Paraná (UNIOESTE) |
| Repositorio: | Informe Gepec (Online) |
| Idioma: | portugués |
| OAI Identifier: | oai:ojs.e-revista.unioeste.br:article/32775 |
| Acceso en línea: | https://e-revista.unioeste.br/index.php/gepec/article/view/32775 |
| Access Level: | acceso abierto |
| Palabra clave: | Blockchain Smart Contracts Real Estate Law Agribusiness Derecho Inmobiliario Agroindustria Direito Imobiliário Agronegócio |
| Sumario: | Bureaucracy and lack of diligence are considered significant obstacles to the execution of legal transactions. Mindful of the issues arising from delays in information exchange among public entities, blockchain technology and smart contracts may bring the desired efficiency without compromising the essential security in land relations. The article explores how the implementation of blockchain technology and smart contracts can be achieved and the potential repercussions generated by such changes. The research explores the possibility of sharing real estate data through blockchain technology and smart contracts among public entities, reducing system bureaucracy through simplification, agility and oversight. The adopted methodology was doctrinal analysis. Through a comparative study, it was possible to observe blockchain technology already applied in the Estonian real estate system. It was found that such tools pave the way for agility and lower costs to impact the agribusiness sector. The repercussions that may result from this revolution in the real estate system will particularly affect the trust of businesses in the functioning of this system. Thus, the demonstrated benefits justify the investment of capital and effort by the Public Authority to carry out a decisive modernization in Brazilian Real Estate Law. |
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