Architecture in the Peruvian Real Estate Sector Based on Blockchain to Prevent Fraud

Within Peru's real estate realm, marked by discrepancies and opacity, this investigation explores the deployment of blockchain as a pioneering corrective, with Polkadot platform at its core. The study introduces a meticulous 6-stage smart contract protocol, encompassing the journey from initial recordal to blockchain-based contract consolidation. This methodology doesn't just forge an unalterable record; it also curtails intermediary dependence, thus bolstering transactional transparency and integrity. Initial findings endorse the viability and transformative potential of this approach, predicting a substantial evolution in Peru's property market. Moreover, in light of adapting to Peru's specific regulatory needs, the study underscores Polkadot's suitability over alternatives like Ethereum, marking it a superior choice in this national framework.