Satoshi Nakamoto's 2008 research paper Bitcoin: A Peer-to-Peer Electronic Cash System described the creation and potential uses of a new and revolutionary type of money, the first of many cryptocurrencies. Cryptocurrency, a form of internet-based money that has not been created by any corporate entity or government, enables online transfers from one person to another without the use of a third-party intermediary, such as a bank.
The technology by which cryptocurrencies can be transferred or used to make payments is called blockchain, sophisticated and powerful software that has created the world's first decentralised, peer-to-peer monetary system. A blockchain is a distributed and public digital ledger that documents transactions across many computers, so that the record cannot be altered retrospectively without altering all subsequent blocks, nor without the consensus of the network. Besides this, blockchain allows a variety of types of digital information or data – digital assets – to be shared or distributed.
A blockchain maintains a growing list of transactions or uploaded digital data that are time-stamped, with the hash of the previous block connecting to the next to preserve the chain's integrity.
As surveying becomes increasingly global and surveyors work across borders in a fragmented way with third parties, blockchain's primary benefit is connecting technology and its data with the people who work in a profession where trust and accountability is essential.
"Blockchain's primary benefit is connecting technology and data with people working in a profession where trust and accountability is vital"
Table 1 shows the three main types of platform that emerged after Nakamoto introduced bitcoin and blockchain. There is no universal blockchain format, however, and hybrid blockchains, which are partially centralised and partially decentralised, have been developed from the three core types.
Public Blockchain (permissionless) | Private Blockchain (permissioned) | Consortium Blockchain (permissioned | |
Access | No access restrictions | Only by invitation from network administrators | Restricted to selected consortium members |
Who can transact | Anyone | Only designated individuals | Selected consortium members only |
Who can view | Anyone | Restricted, shared between trusted parties: no public viewing | Restricted to selected consortium members |
Type | Long, decentralised eg Bitcoin or Ethereum cryptocurrency platforms | Middle-ground platforms, accounting and record-keeping procedures | Participating companies equally involved in the consensus and decision-making processes e.g. R3, Consensys |
Table 1. The three types of blockchain platform and the way they operate
Public Blockchain (permissionless) | Private Blockchain (permissioned) | Consortium Blockchain (permissioned | |
Access | No access restrictions | Only by invitation from network administrators | Restricted to selected consortium members |
Who can transact | Anyone | Only designated individuals | Selected consortium members only |
Who can view | Anyone | Restricted, shared between trusted parties: no public viewing | Restricted to selected consortium members |
Type | Long, decentralised eg Bitcoin or Ethereum cryptocurrency platforms | Middle-ground platforms, accounting and record-keeping procedures | Participating companies equally involved in the consensus and decision-making processes e.g. R3, Consensys |
A hybrid seeks to find the balance needed between auditability, security, scaleability and data storage for applications built on top of them. The ability to control access for viewing and regulate who is allowed to upload data without sacrificing autonomy and running the risk of exposing sensitive data to the public is a perfect example. Surveyors, civil engineers, architects, cartographers, construction managers and urban planners who adapt blockchain technology into their work processes will benefit most from a hybrid type.
Land registration, cadastre and land governance play an important role in a society as long as they function legally and transparently and meet the goals set by society. Registries keep a record of documents that express legal rights from a property transaction, while cadastre is the process of mapping those rights and subsequent storage of related data. The cadastral agency will validate the correspondence between physical and legal boundaries. These two systems, critical to modern land governance, are not connected in many countries, but blockchain technology can link them.
Land governance or administration involves procedures, policies, processes and institutions by which land, property and other natural resources are managed. This includes decisions on access to land, as well as land rights, use and development. Modern land governance requires effective policies, processes and institutions that can determine, record and disseminate information about the tenure, value and use of land, and is guided by policy and enforcement. Sound policy is built on interpreting high-quality information, providing transparency, strengthening accountability and creating a clearer means of enforcing regulations.
The production, availability and accessibility of reliable data and statistics are fundamental to the evidence-based decision-making that is necessary for good land governance. The challenge is that, in many areas of the world, the development of sound policy is hampered by the lack of aggregation and access to high-quality data. Current legacy methods are by contrast fragmented, and don't enable the easy creation or mining of data.
Blockchain is a starting point for the proactive integration of data into land policy and governance. Policy-makers and stakeholders using this technology will therefore be able to leverage data by aggregating and analysing it to improve land governance policy and enforcement.
In conclusion, blockchain technology and land surveying may seem unlikely partners. However, the technology creates a cooperative environment in which all information, data and images from a surveying project can be gathered in a reliable, confident and immutable way.
With surveying tools and instruments becoming increasingly hi-tech and widespread, openness to collaboration and new ideas will increase. This momentum could be leveraged to bring blockchain technology to the forefront.
The adoption of this technology represents a giant leap for surveying practices, professionals and other participants in the discipline. But first, they will all need to be trained in the concepts, capabilities and vocabulary. Assuming the sector can adapt, blockchain will provide significant value for the surveyors of the future, transforming and legitimising cadastres, land governance and land registries around the world.
Related competencies include: Big data, Cadastre and land management, Legal/regulatory compliance
CONSTRUCTION JOURNAL
Paul French 03 April 2024
LAND JOURNAL
Dr Gregory Borne MRICS 15 March 2024