MUMBAI, India, July 24 -- Intellectual Property India has published a patent application (202611068682 A) filed by Sharda University on May 31, 2026, for Real Estate Transfer System.
Inventors include Devansh Jha; Purushottam Kumar; Dr. Shivam Tiwari; Dr. Bharat Bhushan; Akib Mohi Ud Din Khanday; and Dr. Nikhil Sharma.
The application for the patent was published on July 17, 2026, under issue no. 29/2026.
Abstract: Abstract Disclosed is a real estate transfer system comprising a transaction kiosk, a permissioned blockchain network, and a processing unit. The transaction kiosk comprises an identity capture unit, a document scanning unit, a secure user interface, and a communication module for receiving participant identity data, property document data, and a transfer request for a real estate asset. The permissioned blockchain network stores a Dynamic Compliance Token (DCT) representing the real estate asset. The processing unit authenticates transaction participants, retrieves and updates compliance metadata of the DCT based on regulatory information, generates a fraud risk score, selects a jurisdiction-specific regulatory framework, validates the transfer request, executes escrow and conditional ownership transfer through a smart contract, synchronizes a completed transfer outcome with an external land registry system, and updates the DCT with new ownership data. Fig. 1 Dated May 30, 2026 / Kumar Tushar Srivastava IN/PA-3973 Agent for the Applicant
Disclaimer: Curated by HT Syndication.
