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Record W4401398766 · doi:10.9734/jerr/2024/v26i81245

Smart Contracts Management: The Interplay of Data Privacy and Blockchain for Secure and Efficient Real Estate Transactions

2024· article· en· W4401398766 on OpenAlex

Why this work is in the frame

A frame that forgets how it found something cannot be audited. These are the routes that admitted this work.

affAt least one author lists a Canadian institution in the pinned OpenAlex snapshot.

Bibliographic record

VenueJournal of Engineering Research and Reports · 2024
Typearticle
Languageen
FieldComputer Science
TopicBlockchain Technology Applications and Security
Canadian institutionsCentennial College
Fundersnot available
KeywordsBlockchainSmart contractReal estateData managementInformation privacyComputer securityBusinessComputer scienceDatabaseFinance

Abstract

fetched live from OpenAlex

The digital transformation of the real estate industry is being significantly influenced by blockchain technology and smart contracts, which promise enhanced efficiency, transparency, and security in transactions. This study aims to develop a secure and efficient smart contract management protocol that balances the benefits of blockchain with robust data privacy practices. The methodology involves descriptive analytics of transaction data from the Ethereum blockchain, feasibility studies using synthetic transaction data, and a regulatory compliance analysis to map the impact of different regions' regulations on blockchain adoption in real estate. The findings reveal that while smart contracts can automate various processes and reduce reliance on intermediaries, challenges related to data privacy and regulatory compliance persist. Higher privacy features in smart contracts are associated with increased execution costs, indicating a trade-off between privacy and cost efficiency. Smart contracts with privacy level 3 had an execution cost of 0.025 ETH, compared to those with privacy level 1 at 0.02 ETH. Integrating permissioned blockchains and zero-knowledge proofs offers a promising solution, though their complexity limits broader adoption. Zero-knowledge proofs maintained high privacy (achieving privacy levels of up to 0.76) at a reasonable computational cost (proof generation time of 1.9 seconds). Thus, the integration of permissioned blockchains and zero-knowledge proofs offers a promising pathway to address these challenges. However, the complexity of these techniques requires specialized knowledge, limiting broader adoption. The study concludes with recommendations to develop specialized training programs, collaborate on regulatory frameworks, invest in advanced cryptographic research, and implement targeted strategies to overcome adoption barriers. These efforts will contribute to the digital transformation of asset management, fostering innovation and enhancing the overall efficiency of real estate transactions.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.002
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Simulation or modeling · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.943
Threshold uncertainty score0.149

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0020.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.000
Science and technology studies0.0000.000
Scholarly communication0.0000.000
Open science0.0000.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.023
GPT teacher head0.323
Teacher spread0.300 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it