Indian State Partners With Blockchain Startup for Land Registry Pilot

Andhra Pradesh is advancing its work with blockchain with a new pilot focused on land registry data.

AccessTimeIconOct 10, 2017 at 5:30 a.m. UTC
Updated Sep 13, 2021 at 7:01 a.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

The Indian state of Andhra Pradesh is working with startup ChromaWay on a land registry pilot that uses blockchain to track the ownership of property.

The state government has been exploring a number of uses for blockchain in recent months, and in September it inked a separate partnership with startup WISekey related to identity solutions. Andhra Pradesh is one of several regional governments in India to look into applications of the tech, and land registries – systems used to keep track of who owns what property – have been highlighted by other governments worldwide as one area in which the technology could lead to improved services.

The test platform being built with Sweden-based ChromaWay is part of the Fintech Valley Vizag initiative launched by the southeast Indian state.

According to the parties involved, it utilizes a distributed ledger on the back-end and a straightforward web-app front end, which provides "radically transparent access to data," according to ChromaWay.

J. A. Chowdary, special chief secretary and IT advisor to the chief minister of Andhra Pradesh, said in a statement:

"Blockchain is the technology of the future. It will not only change the way we perceive processes but it also has the potential to transform the economy. Of course, we all are yet to fully discover this technology and hence the Government of Andhra Pradesh has engaged with startups from across the globe such as Chromaway to run proofs of concept within its own departments."

The project represents the latest public sector partnership for ChromaWay. Sweden's land registry authority, the Lantmäteriet, revealed in April that it is working with the startup on a land registry initiative. Other participants in that effort include banks SBAB and Landshypotek, as well as the consultancy Kairos Future.

Image via Shutterstock.com.

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.


Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.