India's largest platform and marketplace for GCC & AI leaders and professionals

Sign in

India's largest platform and marketplace for GCC & AI leaders and professionals

3AI Digital Library

Property Registration in Karnataka to use Blockchain Technology

3AI January 6, 2021

Property registration in Karnataka is all set to become more secure and hassle-free, with the state government developing a system based on blockchain technology for online property documentation.

The new system, developed in collaboration with IIT-Kanpur, promises an immutable electronic storage of property data through blockchain. In other words, data once stored cannot be changed, eliminating risks of impersonation and unauthorised tweaking of records.
According to Additional Chief Secretary (e-governance) Rajeev Chawla, the new system was approved by the revenue department and would be ready for a pilot in four months. “Unless authorised, no official will be able to tamper with the data,” he said.
Each property holder will be given a property card akin to an ATM card, which can be accessed through a PIN.

The property transaction details can be accessed only with the authentication of the user’s digital key or PIN number.
“The content in the blockchain will be locked through this card. The card acts like a locker. Unless the card-based consent is provided, nobody will be able to modify the data,” an expert associated with the project further explained.

From a user’s point of view, this system protects property data besides removing the hassle of storing hard copies of documents. A user will be able to swipe the card at citizen service centres such as Bangalore One and download or print the same.

The new system is expected to strengthen the revenue department’s existing Kaveri portal.

“The identification of a property database in a sub registrar’s office will become easy. Right now, Kaveri depends on human discretion for verification of identity and ownership. A sub-registrar’s office will authenticate all this. The new technology will reduce human discretion as the cards will prove your identity and authentication,” the expert added.

It may be recalled that last year, data pertaining to about 300 properties in the Kaveri portal was allegedly compromised. An internal audit report of the Department of Stamps and Registration suspected that officials with technical expertise had misused the portal.

 

Picture from freepik.com

    3AI Trending Articles

  • Automated Quality Excellence Framework for Data Science Modelling

    Featured Article: Author: Abhishek Sengupta, Walmart Global Tech India Introduction:  A necessary but often tedious task data scientists must perform as part of any project is quality assurance (QA) of their modules so as to prevent any unforeseen incidents during deployment. While Quality Assurance and Excellence is quite prevalent in Data Engineering, QE in Data […]

  • Augmenting AI to set the right sales targets

    Author: Abhishek Bhadra, AVP – Platforms & Offerings (Building AI products for Sales & Commercial value chain with domain expertise in CPG& Retail, Manufacturing & Aftermarket Services), Genpact | LinkedIn – https://www.linkedin.com/in/abhishekbhadra/ Setting the right target  Target setting for the sales force is an age-old problem which is nonlinear and multivariate in nature. If the target is […]

  • How AI is transforming Financial Services

    Since its inception, AI has experienced at least two major hype cycles with resulting winters of disillusionment. Although after the first “winter”, many financial firms deployed a number of successful applications, by the 1990s, AI went into its second winter of disillusionment as realization set in that these systems were harder and more costly to build and maintain […]

  • Mental Health Startup Wysa backed by Google In Series A Round

    Wysa is artificial intelligence (AI)-driven virtual coach that combines empathetic listening with evidence-based therapeutic techniques Bengaluru-based mental health startup Wysa is looking to raise funds from Google, the company’s filings with the ministry of corporate affairs (MCA) confirm.  The filings, which contain Wysa parent Touchkin Eservices Private Limited’s articles of association (AOA), read, ‘“Series A1 […]