An Indian state partners with blockchain startup to fight land ownership fraud

posted 11 months ago
The government of India's Andhra Pradesh state has partnered with Swedish start-up ChromaWay to build its blockchain-based solution.

"The current system is rife with corruption," J. A. Chowdary, special chief secretary & IT advisor to the chief minister of Andhra Pradesh, told CNBC in an email Sunday.

"Fraud is rampant and disputes over titles often end up in court. Matters related to land and property make up about two-thirds of all civil cases in the country."

The blockchain trial will be built on ChromaWay's "Postchain" platform, which is a combination of blockchain technology and mature database systems.

"Using a new architecture combining blockchain with database, a consortium database, ChromaWay have made a registry that is transparent, resilient and secure, but also has the traditional database features necessary for a registry," ChromaWay CEO Henrik Hjelte told CNBC in an email Sunday.
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