Design of a Blockchain Architecture and Use of Smart Contracts to Improve Processes in Notary Office

Roberth Ulloa, Pablo Gallegos

Resultado de la investigación: Capítulo del libro/informe/acta de congresoContribución de conferenciarevisión exhaustiva

Resumen

The present investigation proposes the use of the blockchain as a replacement mechanism for the current notarial system, the use of smart contracts is applied for this purpose, in which all the terms or clauses of a transaction are detailed, as in a traditional contract, but with new capabilities and security mechanisms specific to blockchain due to its native encryption algorithms, without the intervention of third parties, the proposed architecture establishes the processes of consensus and distribution of the general ledger in each of the nodes, distributed in the different certification entities or organizations, as well as each of the components that intervene during the process of generating a new transaction that will begin with the agreement between a seller and a buyer on a good, whether a vehicle, a house, a land, etc., also seeking to eliminate the intervention of several state entities in the notarial processes, in addition to complying go fully all the clauses of the contracts generated.

Idioma originalInglés
Título de la publicación alojadaApplied Technologies - 3rd International Conference, ICAT 2021, Proceedings
EditoresMiguel Botto-Tobar, Sergio Montes León, Pablo Torres-Carrión, Marcelo Zambrano Vizuete, Benjamin Durakovic
EditorialSpringer Science and Business Media Deutschland GmbH
Páginas469-483
Número de páginas15
ISBN (versión impresa)9783031038839
DOI
EstadoPublicada - 2022
Evento3rd International Conference on Applied Technologies, ICAT 2021 - Quito, Ecuador
Duración: 27 oct. 202129 oct. 2021

Serie de la publicación

NombreCommunications in Computer and Information Science
Volumen1535 CCIS
ISSN (versión impresa)1865-0929
ISSN (versión digital)1865-0937

Conferencia

Conferencia3rd International Conference on Applied Technologies, ICAT 2021
País/TerritorioEcuador
CiudadQuito
Período27/10/2129/10/21

Nota bibliográfica

Publisher Copyright:
© 2022, Springer Nature Switzerland AG.

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