Atal Bihari Vajpayee Institute of Good Governance and Policy Analysis

(A registered body of Government of Madhya Pradesh under Public Service Management Department)

(A registered body of Government of Madhya Pradesh under Public Service Management Department)

Project Details

STUDY FOR ESTABLISHMENT OF STATE LEVEL FRAMEWORK AND STRATEGY TO IMPLEMENT BLOCKCHAIN USE CASE IN THE STATE

  • Published Date: 02-03-2022
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This project attempts to map and promote an understanding of the functioning of Blockchain and its software in Land Registration. The purpose of this research is to understand how blockchain technology can help in land registry. There are many disadvantages in the Conventional Land Registry System. The lacking areas and in terms of registration, alteration of power, commissions, expenses of purchase and sale and most important risks of data loss. Even there is dearth of transparency and subject to misuse. The errors in land records affects ownership rights and cause financial stress and property disputes are common. There is need of few Procedural changes to improve efficiency, convenience and transparency, scalability and sustainability. Blockchain enabled Land Registry Management system will provide support to agreement process, Registration process, signing of smart contracts, substantiation, verification & validation, recording of titles on Blockchain system and smart payment syste