TY - GEN
T1 - Automated Escrow Services in Real Estate
T2 - 9th World Conference on Smart Trends in Systems Security and Sustainability, WorldS4 2025
AU - Preethi, null
AU - Ulla, Mohammed Mujeer
AU - Sapna, R.
AU - Devadas, Raghavendra M.
AU - Hiremani, Vani
AU - Pavithra, N.
N1 - Publisher Copyright:
© The Author(s), under exclusive license to Springer Nature Switzerland AG 2026.
PY - 2026
Y1 - 2026
N2 - Backed by smart contracts, real estate transactions aim at achieving high trust levels, efficiency in transaction speed, and safety, along the escrow process. This paper shall concentrate on applying an automated escrow service using blockchain technology and underline how smart contracts could make transactions easier, cheaper, and more secure against frauds and delays. At last but not least, the RealEstateEscrow contract was finally deployed at address 0x540d7E428D5207B30EE03F2551Cbb5751D3c7569. Three examples show the different results: one successful transaction of 50,000 wei, showing metrics of transactions and gas usage; another successful transaction for 50,000,000 wei, showing the computational requirements for large transactions; and a failed transaction due to low gas, which indicates the need for appropriate gas settings. These cases underline the potential of smart contracts in real estate escrow services and their implementation challenges.
AB - Backed by smart contracts, real estate transactions aim at achieving high trust levels, efficiency in transaction speed, and safety, along the escrow process. This paper shall concentrate on applying an automated escrow service using blockchain technology and underline how smart contracts could make transactions easier, cheaper, and more secure against frauds and delays. At last but not least, the RealEstateEscrow contract was finally deployed at address 0x540d7E428D5207B30EE03F2551Cbb5751D3c7569. Three examples show the different results: one successful transaction of 50,000 wei, showing metrics of transactions and gas usage; another successful transaction for 50,000,000 wei, showing the computational requirements for large transactions; and a failed transaction due to low gas, which indicates the need for appropriate gas settings. These cases underline the potential of smart contracts in real estate escrow services and their implementation challenges.
UR - https://www.scopus.com/pages/publications/105028162134
UR - https://www.scopus.com/pages/publications/105028162134#tab=citedBy
U2 - 10.1007/978-3-032-11521-8_22
DO - 10.1007/978-3-032-11521-8_22
M3 - Conference contribution
AN - SCOPUS:105028162134
SN - 9783032115201
T3 - Lecture Notes in Networks and Systems
SP - 226
EP - 235
BT - Intelligent Sustainable Systems - Selected Papers of WorldS4 2025
A2 - Atulya K., Nagar
A2 - Dharm Singh, Jat
A2 - Durgesh Kumar, Mishra
A2 - Joshi, Amit
PB - Springer Science and Business Media Deutschland GmbH
Y2 - 19 August 2025 through 21 August 2025
ER -