arXiv Open Access 2024

Crypto Market Analysis & Real-Estate Business Protocol Proposal | Application of Ethereum Blockchain

Sid Bhatia Samuel Gedal Himaya Jeyakumar Grace Lee Ravinder Chopra Daniel Roman +1 lainnya
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Abstrak

This paper examines the dynamics of the cryptocurrency market and proposes a novel blockchain-based protocol for real estate transactions. Our analysis includes a detailed review of price trends, volatility, and correlations within the cryptocurrency market, focusing on major assets like Bitcoin, Ethereum, and Tether. We provide a critical assessment of the impact of significant market events, such as the FTX bankruptcy, highlighting the vulnerabilities and resilience of the crypto market. The study also explores the potential of blockchain technology to innovate real estate transactions by enabling the secure and transparent handling of property deeds without traditional intermediaries. We introduce a blockchain protocol that reduces transaction costs, enhances security, and increases transparency, making real estate transactions more accessible and efficient. Our proposal aims to leverage the inherent benefits of blockchain to address real-world challenges in real estate transactions, providing a scalable and secure platform for property sales in a global market.

Topik & Kata Kunci

Penulis (6)

S

Sid Bhatia

S

Samuel Gedal

H

Himaya Jeyakumar Grace Lee

R

Ravinder Chopra

D

Daniel Roman

S

Shrijani Chakroborty

Format Sitasi

Bhatia, S., Gedal, S., Lee, H.J.G., Chopra, R., Roman, D., Chakroborty, S. (2024). Crypto Market Analysis & Real-Estate Business Protocol Proposal | Application of Ethereum Blockchain. https://arxiv.org/abs/2405.02547

Akses Cepat

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Informasi Jurnal
Tahun Terbit
2024
Bahasa
en
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arXiv
Akses
Open Access ✓