Published on October 11th, 2017 | by bitcoin0
This Indian state wants to use blockchain to fight land ownership fraud
The government of the Indian state of Andhra Pradesh is exploring the use of Blockchain technology in its land ownership system to make it more transparent.
According to the state’s special chief secretary & information technology advisor J.
A. Chowdary, there is prevalent corruption in the existing system, with an estimated $700 million paid in bribes to land registrars across India.
It is estimated that $700 million is being paid in bribes at land registrars across India.
Brief details of the initiative
Under the agreement, the Blockchain pilot test will be conducted on a hybrid platform that combines elements of Blockchain and traditional database systems.