This research paper investigates how Ethereum blockchain technology can transform real estate investment through crowdfunding. Traditional real estate markets often encounter issues related to liquidity, accessibility, and transparency; this study addresses these challenges by proposing a blockchain-based solution. It examines the use of Ethereum smart contracts, Initial Coin Offerings (ICOs), and ERC20 tokens to facilitate fractional ownership of properties and automate investment processes. The technical stack for the proposed system includes Vue.js for the front-end, Solidity for developing smart contracts, and the Truffle framework for deployment. Ethereum is used as the blockchain platform, with Ganache-CLI providing a local testing environment. MetaMask is integrated for managing digital wallets, and Stripe is used for processing fiat currency, showcasing a robust approach to blending blockchain technology with current financial systems. This paper offers a detailed examination of the practical applications and challenges of using blockchain in real estate crowdfunding. The findings indicate that while this technology holds great potential for resolving persistent issues in real estate investment, important factors such as scalability, regulatory compliance, and user adoption still need to be carefully considered [4]. Keywords: Blockchain, Ethereum, Smart Contracts, Real Estate Crowdfunding, Tokenization, ERC-20 Tokens, ICO, Fractional Property Ownership, Liquidity, Transparency, Ganache, Remix IDE, MetaMask, Solidity, Truffle Framework.ramework.
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Sharma et al. (2024) studied this question.
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