Electronic Theses and Dissertations (Masters)

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Author: search.filters.author.Jeram, Deelan

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    An assessment of the necessity of implementing a blockchain based land registry in South Africa
    (University of the Witwatersrand, Johannesburg, 2024-08) Jeram, Deelan; Saghatforoush, Ehsan; Azasu, Samuel
    Background statement: Several nations have recently implemented blockchain-based land management systems, focusing on land registration, titling, recordation, and information management, to enhance transparency, trust, data security, data quality, and immutability through consensus mechanisms. This technology streamlines access and tracking of land records, reducing fraud, corruption, record manipulation, and property resale while lowering transaction costs. These advantages aim to address issues of inefficient and untrustworthy land records in less developed countries. Problem: South Africa faces challenges, ranking 108 out of 190 in property registration according to the World Bank, with lengthy procedures (7), extended transaction times (23 days), and high costs (8% of property value). In contrast, blockchain-adopting countries like Sweden and Georgia are ranked at 9 and 5, respectively. Despite these inefficiencies blockchain technology has not yet made an inroad into the land registration or transaction process. Aim – The aim of this study is to investigate the potential use of blockchain technology to digitize land registration in South Africa. Methods: This paper investigates a blockchain property registry pilot project in Khayelitsha, South Africa, using Peled's theoretical framework and employs qualitative research methodologies, including case study analysis and expert interviews, supplemented by a systematic literature review. Outcomes: The study reveals significant challenges in South Africa's land registration, including unreliable land records, informal land tenure systems, limited access for marginalized communities, corruption, weak legal frameworks, post-colonial property rights legacy, and inefficient real estate transactions. Despite the promise of blockchain, these issues persist, hindering progress. Eight key factors obstruct blockchain adoption in South Africa's land registry, including legal barriers, organizational resistance, technological hurdles, resource constraints, political and social factors, and trust-related issues. The case study identifies additional obstacles, such as misalignment of interests, lack of formal agreements, data quality issues, and further legal barriers. Nonetheless, the pilot project managed to create a "pseudo title deed" with potential benefits for the city. This study suggests the application of blockchain in state-subsidized housing developments to enhance data security and enable electronic land transactions. It emphasizes the need for a combination of expertise, infrastructure readiness, and procedural changes to facilitate innovation in the public sector. Despite the potential, the study concludes that South Africa's land registry is not yet prepared for widespread blockchain implementation, citing legal, technological, and organizational challenges. Significance: This research is the first to explore the limited adoption of blockchain technology for land registration in South Africa, contributing valuable insights to the field. This paper identifies critical factors for successful blockchain-based property registry implementation, offering insights for legislation, policy development, and land registration system design to address inequalities and improve land tenure in developing countries. It outlines a potential path for South Africa's Deeds Registry to implement blockchain technology in state-subsidized housing developments.