Proceedings of the 2nd International Conference on Bigdata Blockchain and Economy Management, ICBBEM 2023, May 19–21, 2023, Hangzhou, China

Research Article

A Blockchain-Based Housing Lease Transaction Mechanism

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  • @INPROCEEDINGS{10.4108/eai.19-5-2023.2334254,
        author={Wen  Gao and Zhaolei  Yu and Rong  Yu and Kai  Liu and Chenxuan  Cong and MASUM  MD and Xianghong  Cui},
        title={A Blockchain-Based Housing Lease Transaction Mechanism},
        proceedings={Proceedings of the 2nd International Conference on Bigdata Blockchain and Economy Management, ICBBEM 2023, May 19--21, 2023, Hangzhou, China},
        publisher={EAI},
        proceedings_a={ICBBEM},
        year={2023},
        month={7},
        keywords={component; blockchain; smart contracts; house rental transactions},
        doi={10.4108/eai.19-5-2023.2334254}
    }
    
  • Wen Gao
    Zhaolei Yu
    Rong Yu
    Kai Liu
    Chenxuan Cong
    MASUM MD
    Xianghong Cui
    Year: 2023
    A Blockchain-Based Housing Lease Transaction Mechanism
    ICBBEM
    EAI
    DOI: 10.4108/eai.19-5-2023.2334254
Wen Gao1, Zhaolei Yu2, Rong Yu1, Kai Liu1, Chenxuan Cong1, MASUM MD1, Xianghong Cui1,*
  • 1: Shandong Technology and Business University
  • 2: Yan Tai En Bang Electronic Teconology Co.,Ltd.
*Contact email: cuixh@sdtbu.edu.cn

Abstract

In traditional house leasing transactions, real estate intermediaries are used as information transfer and trust guarantee, which virtually increases the cost and risk of both parties to the transaction. At the same time, the transaction process often requires cumbersome communication, negotiation and signing processes. Therefore, this chapter designs a blockchain-based housing lease transaction mechanism, and in order to improve the time for both parties to reach agreement on a transaction, an optimization model for housing lease transaction matching is proposed to improve the efficiency and transaction rate of lease transactions.