Indian State Fights Land & Property Fraud with Blockchain Pilot

in #bitcoin • 7 years ago

The Indian state of Andhra Pradesh is partnering an industry startup to develop a blockchain for land registration to transparently track the ownership of property.

The government of Andhra Pradesh, a state in southern India, is working with Swedish FinTech startup ChromaWay toward a blockchain-powered solution to fix centralized, inefficient and often erroneous government databases storing property records.

“The current [recording] system is rife with corruption,” revealed special chief secretary IT advisor to the chief minister of the state J.A. Chowdary in comments reported by CNBC.India-home-bicycle.jpg

#blockchain #property #chromaway #india
7 years ago in #bitcoin by
$0.02
  • Past Payouts $0.02
  • - Author $0.02
  • - Curators $0.00
5 votes
Reply 0

Coin Marketplace

STEEM 0.24
TRX 0.25
JST 0.039
BTC 93785.26
ETH 3367.35
USDT 1.00
SBD 3.26