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Blockchain-Based Transferable Digital Rights of Land. (arXiv:2308.05950v1 [cs.DC])
cs.CR updates on arXiv.org arxiv.org
Land, being a scarce and valuable resource, is in high demand, especially in
densely populated areas of older cities. Development authorities require land
for infrastructure projects and other amenities, while landowners hold onto
their land for both its usage and its financial value. Transferable Development
Rights (TDRs) serve as a mechanism to separate the development rights
associated with the land from the physical land itself. Development authorities
acquire the land by offering compensation in the form of TDRs, which hold …
blockchain cities demand development digital digital rights financial high infrastructure projects rights value