Blockchain technologies as a means of sale of lease right on the agricultural lands

Authors

  • Lesia Buiak West Ukrainian National University
  • Kateryna Pryshliak West Ukrainian National University
  • Lilia Buiak West Ukrainian National University

DOI:

https://doi.org/10.35774/visnyk2022.04.145

Keywords:

agricultural land, land auction, electronic bidding, digital technologies, Blockchain technologies.

Abstract

Introduction. A prerequisite for the market circulation of agricultural land is the formation of the appropriate infrastructure, an important component of which is land auctions, which have a thousand-year history and are widely used in many countries of the world.

The purpose of the article. The purpose of the article is to improve the process of conducting land auctions regarding the sale of lease rights on agricultural land by the procedure of introducing electronic auctions using blockchain technology.

Methods. Methods of scientific knowledge, method of analogies, methods of analysis and synthesis, method of system analysis, economic and statistical methods were used to reveal the set goal.

Results. The institutional content of the market infrastructure for ensuring the circulation of agricultural land has been improved through the implementation of proposals for the implementation of purchase and sale transactions and land lease rights in the form of an electronic auction, which, unlike the existing one, is complemented by the procedure for introducing electronic auctions using blockchain technology, which allows to increase the speed of transactions, reduce costs and prevent corruption.

Perspectives. Further research will be aimed at the introduction of electronic trading using blockchain technology, which allows to increase the speed of transactions, reduce costs and prevent corruption.

Author Biographies

  • Lesia Buiak, West Ukrainian National University

    D.Sc. (Economics), Professor, Head of economic cybernetics and informatics department

  • Kateryna Pryshliak, West Ukrainian National University
    PhD, SeniorLecturer at the Department of economic cybernetics and informatics
  • Lilia Buiak, West Ukrainian National University
    PhD at the Department of economic cybernetics and informatics

References

Andriychuk V. H. (2007). Kapitalizatsiya silʹsʹkoho hospodarstva: stan ta ekonomichne rehulyuvannya rozvytku [Capitalization of agriculture: state and economic regulation of development]: monohr. Nizhyn: Aspekt-Polihraf, 216 p. Retrieved from: https:// kneu.edu.ua/ua/science_kneu/scientific_schools/agrm/agrm_ praci/agrm_prazi/ kapsgstpr/ [in Ukrainian].

Derzhavne pidpryyemstvo «SETAM – Open Market Land» Ministerstva yustytsiyi Ukrayiny [State enterprise “SETAM - Open Market Land” of the Ministry of Justice of Ukraine]. Retrieved from: https://land.setam.net.ua/ [in Ukrainian].

Zemelʹnyy kodeks Ukrayiny: Zakon Ukrayiny vid 25.10.2001 r. № 2768-14 [Land Code of Ukraine: Law of Ukraine dated October 25, 2001 No. 2768-14 ]. Retrieved from: http://zakon5.rada.gov.ua/laws/show /2768-14 [in Ukrainian].

Zakon Ukrayiny «Pro vnesennya zmin do Zemelʹnoho kodeksu Ukrayiny shchodo poryadku provedennya zemelʹnykh torhiv u formi auktsionu»: vid 05 lypnya 2012 r.

№ 5077-VI [Law of Ukraine “On Amendments to the Land Code of Ukraine regarding the procedure for conducting land sales in the form of an auction”: dated July 5, 2012 No. 5077-VI]. Retrieved from: https://zakon.rada.gov.ua/laws/show/5077-17 [in Ukrainian].

Bilʹchenko, O. Zemelʹni torhy: dolayemo pereshkody, stvoreni konkurentamy [Land auctions: overcoming obstacles created by competitors]. Retrieved from: https:// balance.ua/files/global/2019-Agro-4-p25-27-UA.pdf [in Ukrainian].

Ofitsiynyy sayt Derzhavnoyi sluzhby Ukrayiny z pytanʹ heodeziyi, kartohrafiyi ta kadastru [The official website of the State Service of Ukraine for geodesy, cartography and cadastre]. Retrieved from: http://torgy.land.gov.ua [in Ukrainian].

V Ukrayini vidbuvsya pershyy elektronnyy zemelʹnyy auktsion. Derzhavna sluzhba Ukrayiny z pytanʹ heodeziyi, kartohrafiyi ta kadastru (2018) [The first electronic land auction was held in Ukraine. State Service of Ukraine for geodesy, cartography and cadastre ]. Retrieved from: https://land.gov.ua/v-ukraini-vidbuvsia-pershyi- elektronnyi-zemelnyi-auktsion/ [in Ukrainian].

Holovne upravlinnya Derzhheokadastru v Ternopilʹsʹkiy oblasti [Main Department of the State Geocadastre in the Ternopil region]. Retrieved from: https://ternopilska. land.gov.ua/ [in Ukrainian].

Zakon Ukrayiny «Pro vnesennya zmin do deyakykh zakonodavchykh aktiv Ukrayiny shchodo prodazhu zemelʹnykh dilyanok ta nabuttya prava korystuvannya nymy cherez elektronni auktsiony» [The Law of Ukraine “On Amendments to Certain Legislative Acts of Ukraine Regarding the Sale of Land Plots and Acquisition of the Right to Use Them Through Electronic Auctions”]. Retrieved from: https://zakon. rada.gov.ua/laws/show/1444-20#Text [in Ukrainian].

Postanova Kabinetu Ministriv Ukrayiny «Deyaki pytannya realizatsiyi pilotnoho proektu iz zaprovadzhennya elektronnykh zemelʹnykh torhiv i zabezpechennya zberihannya ta zakhystu danykh pid chas yikh provedennya» vid 21 chervnya 2017 r. № 688 [Resolution of the Cabinet of Ministers of Ukraine “Some issues of the implementation of the pilot project on the introduction of electronic land auctions and ensuring the storage and protection of data during their conduct” dated June 21, 2017 No. 688]. Retrieved from: https://zakon.rada.gov.ua/laws/show/688-2017-%D0%BF [in Ukrainian].

Korytnyk, M. V. (2015). Provedennya auktsioniv pry peredachi v orendu zemelʹ silʹsʹkohospodarsʹkoho pryznachennya derzhavnoyi formy vlasnosti [Conducting auctions for the lease of state-owned agricultural land ]. Ekonomika, 2, 116–122. Retrieved from: http://nbuv.gov.ua/UJRN/E_apk_2015_2_20 [in Ukrainian].

Zakon Ukrayiny «Pro vnesennya zmin do deyakykh zakonodavchykh aktiv Ukrayiny shchodo osoblyvostey rehulyuvannya zemelʹnykh vidnosyn v umovakh voyennoho stanu» [The Law of Ukraine “On Amendments to Certain Legislative Acts of Ukraine Regarding the Peculiarities of Regulation of Land Relations in the Conditions of Martial Law”]. Retrieved from: https://zakon.rada.gov.ua/laws/show/2247-20#Text [in Ukrainian].

Published

2023-01-14

How to Cite

Buiak, Lesia, et al. “Blockchain Technologies As a Means of Sale of Lease Right on the Agricultural Lands”. Herald of Economics, no. 4, Jan. 2023, pp. 145– 158, https://doi.org/10.35774/visnyk2022.04.145.

Similar Articles

1-10 of 134

You may also start an advanced similarity search for this article.