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India plans to use the blockchain in property deals

09 October 2017 21:00, UTC

Recently, there was the news that Ukrainian government plans to develop a blockchain technology that will ensure the transparency of property deals. Similar news coming from India — the Andhra Pradesh state authorities decided to work on the same topic.

The authorities of Andhra Pradesh will cooperate with ChromaWay and WISekey to make the system they want, as bribes and fraud schemes in property deals has become one of the greatest problems on the market of India. Matters related to land and property make up about two-thirds of all civil cases in the country, according to A. Chowdary, special chief secretary & IT advisor to the chief minister of Andhra Pradesh.

In other blockchain news, Dubai wants to operate on the blockchain as well, and the Spanish Research Institute of Homeland Security is clearly interested in the application of blockchain for the country defense from external and internal threats and is holding a conference on this matter.