Newly formed Southern Indian State calls for a new capital. The nation decided to turn it into a state-of-the-art smart city.
The Capital Region Development Authority (CRDA) of Andhra Pradesh, the new Indian state, has been approaching landowners since December 2017 to educate them on what blockchain technology is.
Indian Officials Bet on Blockchain for Security
The commissioner of CRDA, Cherukuri Sreedhar, believes the blockchain will help this enterprise keep its records straight. In a recent interview to Quartz India, he said,
“We want to give a very clear, risk-free kind of title to the farmers. One of these steps (blockchain) is to ensure the data that is with the CRDA is safe and can be traced back at any given point of time so security of title is always maintained.”
The CRDA was the agency tasked with developing and designing the new capital and it has been pooling land to build Amaravati, the new capital. The blockchain has been used to streamline the whole process — registration, allocating plots, storing the data, — and prevent fraud.
Landowners are Onboard and Pleased with the Novel Approach
Thanks to automation, the use of blockchain will also save money to farmers — there is no need now to hire a document writer to draft registration papers. Tharigopula Sambasiva Rao, a 50-year-old landowner who gave up his land, praised the initiative, saying,
“Now we don’t have the headache of hiring a document writer to prepare our papers. With this new technology, we knew there would be full security, no double registrations, no duplicates.”
An India-based blockchain solutions provider, Zebi, worked with governmental officials to bring the technological city to life. Babu Munagala, co-founder and CEO at Zebi, believes this blockchain-powered enterprise will prevent data tampering and hacking attacks — all data is available to landowners to ensure transparency.
The CRDA insisted this blockchain-solution will not only stop criminal and malicious activities but also serve as a guarantee for the future. Regardless of whatever happens, the land registrations in the blockchain are permanent and will be the key to solving future disputes.
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