At present, real estate markets hold and contribute a fair share of the Gross Domestic Product (GDP) of any country. The real estate transactions generate revenue in stamp duties, which goes directly into the government kitty. However, this suffers from land document forgery and fraudulent activities due to a lack of an efficient, distributed, and completely digital system. This paper proposes a blockchain-based framework for digitizing property transactions that mitigate the risk of document forgery and other fraudulent activities. Over time, the amount of these transactions can become overwhelming, thus increasing the number of blocks. The proposed framework is based on blockchain technology to decentralize the complete ecosystem. The framework encompasses all major activities for property transactions. The framework uses the InterPlanetary File System (IPFS) that is a Peer-to-Peer (P2P) swarm network, to integrate different region registry offices in the state/country seamlessly. In order to make it secure, a consensus algorithm is proposed that reduces overhead transmissions for multicasting nodes by about 50%. The message exchange communication overhead also reduces by 54.86%. The time taken for the consensus algorithm is around 53.7% lesser than the Proof-of-Work mechanism in which all nodes participate in consensus and 10% lesser than the existing load-based approach.

目前，房地产市场在任何国家的国内生产总值（GDP）中占有并贡献了相当大的份额。房地产交易产生印花税收入，直接进入政府部门。然而，由于缺乏高效、分布式和完全数字化的系统，这会受到土地文件伪造和欺诈活动的影响。本文提出了一个基于区块链的框架，用于数字化财产交易，以降低文件伪造和其他欺诈活动的风险。随着时间的推移，这些交易的数量可能会变得不堪重负，从而增加区块的数量。提议的框架基于区块链技术来分散整个生态系统。该框架涵盖了所有主要的财产交易活动。该框架使用作为对等 (P2P) 群网络的星际文件系统 (IPFS)，无缝集成州/国家/地区的不同地区注册办公室。为了使其安全，提出了一种共识算法，可将多播节点的开​​销传输减少约 50%。消息交换通信开销也减少了 54.86%。共识算法所花费的时间比所有节点都参与共识的工作量证明机制减少了大约 53.7%，比现有的基于负载的方法减少了 10%。消息交换通信开销也减少了 54.86%。共识算法所花费的时间比所有节点都参与共识的工作量证明机制减少了大约 53.7%，比现有的基于负载的方法减少了 10%。消息交换通信开销也减少了 54.86%。共识算法所花费的时间比所有节点都参与共识的工作量证明机制减少了大约 53.7%，比现有的基于负载的方法减少了 10%。