A SYSTEMATIC LITERATURE REVIEW OF INDUSTRY 4.0 TECHNOLOGY APPLICATIONS IN MALAYSIAN ESTATE DISTRIBUTION
DOI:
https://doi.org/10.21837/pm.v23i38.1884Keywords:
Dual legal system, blockchain technology, estate distribution, systematic literature review, MalaysiaAbstract
The dual legal system and the abundance of agencies responsible for inheritance, wills, Islamic asset management, and Muslim estate distribution in Malaysia often result in administrative delays and disputes. Against this background, Industry 4.0 technologies particularly blockchain have been recognized in both academia and practice as transformative tools for streamlining real estate and estate distribution processes. This study aims to evaluate the blockchain-based frameworks proposed in the reviewed studies. A systematic literature review was conducted on publications from 2019 to 2023 using Scopus and other databases, resulting in the inclusion of eighteen papers that met the defined quality and relevance criteria. The reviewed studies adopted methodologies such as interviews, theoretical, experimental, systematic literature review, case study, legal, and holistic approaches. Moreover, the proposed blockchain-based models in the reviewed studies were categorized into five types: digital land registration, inheritance, consensus algorithms, smart real estate buying or selling, and commercial real estate management frameworks. Based on these findings, the study further proposes a conceptual framework linking blockchain affordances (decentralized ledger, smart contract, integrity, transparency, security, immutability, interoperability, integrated, efficiency, cryptographic, and tamper-proof) to key challenges in Malaysia’s dual legal estate distribution system (overlapping jurisdiction between Civil and Shariah High Court, lack of transparency about the entitlement of heirs, conflict of laws and rights, disputes in transfer of ownership, and data fragmentation between agencies that reduce efficiency). This framework provides a theoretical and policy-relevant foundation for future model development aimed at achieving a more transparent, efficient, and Shariah-compliant estate administration process.
Downloads
References
AbdulKader, M. M., & Kumar, S. G. (2023). A privacy-preserving data transfer in a blockchain-based commercial real estate platform using random address generation mechanism. Journal of Supercomputing, 79(10), 10796–10822. https://doi.org/10.1007/s11227-022-04906-5
Alharthi, W. J. (2021). Using Blockchain in WAQF, Wills and Inheritance Solutions in the Islamic System.
Anuar, S. B., Azmi, F. A. M., & Sidek, S. N. S. (2023). Blockchain Technology in Malaysian Estate Distribution: A Systematic Review. Lecture Notes in Networks and Systems, 584 LNNS (4), 352–365. https://doi.org/10.1007/978-3-031-25274-7_29
Azmi, F.A.M. & Muhammad, M.T.S. (2015). A Proposal For A Single Tribunal of Estates Distribution in Malaysia. (2015). Jurnal Teknologi (Sciences & Engineering), 75(10). https://doi.org/10.11113/jt.v75.5261
Chen, C. L., Deng, Y. Y., Tsaur, W. J., Li, C. T., Lee, C. C., & Wu, C. M. (2021). A traceable online insurance claims system based on blockchain and smart contract technology. Sustainability (Switzerland), 13(16), 1–21. https://doi.org/10.3390/su13169386
Chow, Y. L., & Tan, K. K. (2022). Is tokenization of real estate ready for lift off in APAC? Journal of Property Investment and Finance, 40(3), 284–290. https://doi.org/10.1108/JPIF-10-2021-0087
FIBREE. (2019). Industry report EE: Evaluation Engineering, 58(9), 4–5. Ganter, M., & Lützkendorf, T. (2019). Information management throughout the life cycle of buildings - Basics and new approaches such as blockchain. IOP Conference Series: Earth and Environmental Science, 323(1). https://doi.org/10.88/1755-1315/323/1/012110
Ganter, M., & Lützkendorf, T. (2019). Information management throughout the life cycle of buildings. Basics and new approaches such as blockchain. IOP Conference Series: Earth and Environmental Science, 323(1). https://doi.org/10.1088/1755-1315/323/1/012110
Jasimin, T. H., Mohd Ali, H., Mohd Razali, M. N. & Mohd Daud, S. (2023). POTENTIAL OPPORTUNITIES OF BLOCKCHAIN TECHNOLOGY IN. Journal of the Malaysian Institute of Planners, 21(3), 266–283.
Kaczorowska, M. (2019). Blockchain-based land registration:Possibilities and challenges. Masaryk University Journal of Law and Technology, 13(2), 339–360. https://doi.org/10.5817/MUJLT2019-2-8
Kim, S. K., & Huh, J. H. (2020). Neuron blockchain algorithm for legal problems in inheritance of legacy. Electronics (Switzerland), 9(10), 1–22. https://doi.org/10.3390/electronics9101595
Mitchell, T.M. (1997), Machine Learning, McGraw-Hill, New Yorket
Mohamad Al-Bakri, Z. (2011) Pengurusan Harta Pusaka dalam Fiqh. Syafi’I IBFIM
Moher, D., Liberati, A., Tetzlaff, J. & Altman, D. G. (2009). Preferred Reporting Items for Systematic Review and Meta-Analysis: the PRISMA statement. Open Medicine 2009 3(2), 123-130
Muhammad Saifullah, A. H. (2020). Isu-Isu Berbangkit Dalam Pengurusan Harta Pusaka Ringkas Secara Berwasiat dan Tidak Berwasiat Di Amanah Raya Berhad. Journal of Shariah Law Research, Vol. 5(2) , 207 - 230.
Nasarre-Aznar, S. (2018). Collaborative housing and blockchain. Administration, 66(2), 59–82. https://doi.org/10.2478/admin-2018-0018
Nasrul, M. A., AbdulManaf, Z. I., Syafril, S. & Fathurrohman, M. (2021). An Overview of The Inheritance Legal System in Malaysia and Indonesia: Issues Faced by Both Countries. Journal of Shariah Law Research, vol. 6(2), 181-200
Parekh, K., Bodkhe, U., Tanwar, S., Khanpara, P., Tyagi, S., Kumar, N., & Alazab, M. (2020). Blockchain for Industry 4.0: A comprehensive review. IEEE Access, 8, 79764–79800. https://doi.org/10.1109/ACCESS.2020.2988579
Petticrew, M. & Roberts, H. (2006). Systematic Reviews in the Social Sciences. A Practical Guide, Blackwell Publishing.
Popov, S. (2016). The Tangle: IOTA’s solution using DAG. https://iota.org/
Richards, P. & Leslie B. C, (2011). Longman Dictionary of Law. n.d., Pearson Higher Ed.
Saari, A., Vimpari, J., & Junnila, S. (2022). Blockchain in real estate: Recent developments and empirical applications. Land Use Policy, 121(August), 106334. https://doi.org/10.1016/j.landusepol.2022.106334
Schwab, K. (2016). The Transnational Human Rights Review the Fourth IndustrialRevolution.3. http://digitalcommons.osgoode.yorku.ca/thrhttp://digitalcommons.osgoode.yorku.ca/thr/vol3/iss1/4
Trofimov, S., Szumilo, N., & Wiegelmann, T. (2016). Optimal database design for the storage of financial information relating to real estate investments. Journal of Property Investment and Finance, 34(5), 535–546. https://doi.org/10.1108/JPIF-05-2016-0029
Ullah, F., & Al-Turjman, F. (2023). A conceptual framework for blockchain smart contract adoption to manage real estate deals in smart cities. Neural Computing and Applications, 35(7), 5033–5054. https://doi.org/10.1007/s00521-021-05800-6
Wouda, H. P., & Opdenakker, R. (2019). Blockchain technology in commercial real estate transactions. Journal of Property Investment and Finance, 37(6), 570–579. https://doi.org/10.1108/JPIF-06-2019-0085
Yartagadda, J., & Gampala, K. (2020). Blockchain for Real Estate Industry. The Journal of Social Sciences Research, 52, 53–56. https://doi.org/10.32861/sr.52.53.56
Zulkafli, B.N.A., & Ahmad, M.Y. (2016). Constraints and solutions to delays in the management of Muslim immovable inheritance assets in Malaysia. Islamiyyat, 38(1), 53-63.
Downloads
Published
How to Cite
Issue
Section
License
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 Unported License.
Copyright & Creative Commons Licence
eISSN: 0128-0945 © Year. The Authors. Published for Malaysian Institute of Planners. This is an open-access article under the CC BY-NC-ND license.
The authors hold the copyright without restrictions and also retain publishing rights without restrictions.
