India Will Transfer The Land Registry On The Blockchain

India Will Transfer The Land Registry On The Blockchain

The state governments in Southern India consider incorporating blockchain technology into government systems. This is move is reportedly transforming

Liverpool Launches Digital Currency Based On The Blockchain
Security Experts Question Blockchain
China Is About To Set A New FinTech Investment Record

The state governments in Southern India consider incorporating blockchain technology into government systems. This is move is reportedly transforming the way data is recorded and secured.

The state governments of Karnataka, Gujarat and Maharashtra have started assessing the technology`s potential benefits for puproses of e-governance. They are reportedly asking blockchain start-ups to assist them in this endevour.

According to the ET Rise (economictimes.indiatimes.com), Telengana has begun a pilot programme to use blockchain technology for land registration and integration with the state revenue department. This is a collaborative effort between the province and the Centre for Development of Advanced Computing (C-DAC).

“Simply put, it’s going to be an open platform where anyone can see who holds the land and since it’s encrypted, people wouldn’t be able to tamper with the data. “, as E Magesh, director of C-DAC, Hyderabad, said before the online media.

In the state of Andhra Pradesh (AP), the government is trying to expand its blockchain program beyond land records to civil supply databased.

“All our sensitive data is in digital format. With blockchain, even if someone hacks, our data will be safe.”, as JA Chowdary, the state’s IT advisor to the chief minister, said in an interview with cryptocoinnews.com.

It is explained that state government databases in the country are often targeted by cybercriminals for the sheer volume of citizens` information that is stored on them. Blockchain could possibly be a solution to secure government-recorded data. Departments of the state govenrnment, as well several police stations were affected by the recent WannaCry ransonware outbreak.

“Within 6-8 months, land records for Andhra Pradesh can go on blockchain to prevent any kind of duplication or forgery with the revenue department’s data on pensions etc., can also be moved to blockchain by next year.”, as Sandeep Singh, o-founder of blockchain startup Snapper which is working with the AP government to aid in its digitization program, explained.

Andhra Pradesh has also worked with Singapore`s central bank to promote financial technologies like digital payments. The collaborative agreement is also forseeing the introduction of FinTech-related educational programs for the Indian state`s curriculum.

COMMENTS

WORDPRESS: 0