Abstract: A method for leasing equipment or facilities using blockchain technology may include: receiving, through a blockchain network, a request from a lessor device or lessee device to initiate an electronic lease agreement transaction between a lessor and a lessee for a select equipment or facility; verifying an identity of the lessor and the lessee via a digital identity of the lessor and the lessee stored in a blockchain shared ledger to determine if the lessor and lessee are authorized users of the blockchain network; verifying an identity of the equipment or facility via a digital identity of the equipment or facility stored in the blockchain shared ledger; and if the identities of the lessor and lessee and the equipment or facility are verified, electronically executing a smart contract for the lease agreement between the lessor and the lessee, the smart contract including rules for enforcing the lease agreement.