Telangana evaluating blockchain technology for transparency in land deals

[] The Telangana government has started evaluating the application of blockchain technology to secure digitised revenue and land records, a senior official has revealed

The Telangana government is keen on exploring the use of blockchain technology, to bring transparency in land registrations, the principal secretary for information technology, Jayesh Ranjan said, while addressing ‘GAMBIT’, a conference on ‘Bitcoins and Domains and Gaming Space’, in Hyderabad. “By using blockchain, we have embarked upon pilots in our state, for a strong foolproof security cover,” he added.

You are reading: Telangana evaluating blockchain technology for transparency in land deals

Read also : Rise in home sales, dip in QTS indicate market recovery: ICRA

[] Telangana to conduct land survey to address disputes

The top bureaucrat said the entire land records purification exercise in the state, will be completed by the end of December 2017. “Thereafter, we want to create a completely new system, through which all these records will be properly maintained in a database. Whenever a transaction for sale/purchase is done, the documents including registration papers, will be updated instantly on the database,” Ranjan said.

Read also : Demolish buildings higher than prescribed height near IGI Airport: PIL

He said blockchain technology will provide a layer of security, which will prevent manipulation and fraudulent practices. “The technology will ensure that data and records are not tampered with. Blockchain application has tremendous opportunity in other areas as well, like transportation and health records,” the chief secretary added.

Copyright belongs to:

Category: Lifestyle

Debora Berti

Università degli Studi di Firenze, IT

Leave a Reply

Your email address will not be published.

Back to top button