India's largest platform and marketplace for GCCs & AI

Sign in

India's largest platform and marketplace for GCCs & AI

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

  • Establishing Effective Text Data with Sentiment Analysis

    Featured Article Author: Vinoth Nageshwaran, Business Insider Establishing effective text data frameworks with sentiment analysis is essential for organizations looking to derive meaningful insights from textual information. Sentiment analysis, a subset of natural language processing (NLP), involves identifying and categorizing opinions expressed in text to determine the sentiment behind them. This technique is invaluable for […]

  • Left Shift Decisioning – a Paradigm Shift and a Key Differentiator for Banks in Recessionary Environment

    Featured Article: Author: Aditya Khandekar, President, Corridor Platforms India Left Shift – A software development concept The core concept of left shifting started from testing, where we shift the testing phase to earlier phases in the software life cycle. The goal is to test early, fix bugs close to source of issue and prevent backloading […]

  • Transforming Product Experience: How Generative AI is changing the game for Microsoft, Oracle, and AWS

    Featured Article: Author: Abhishek Tandon, Director, Customer Success for Fosfor, LTIMindtree Artificial Intelligence (AI) has revolutionized the way we interact with technology, and one of its most intriguing applications is conversational AI. Chatbots and virtual assistants have become increasingly popular, enabling businesses to provide personalized and efficient customer experiences. Companies like Microsoft, Oracle, and Amazon […]

  • Transforming Enterprises with a Generative AI Strategy

    Featured Article: Author:  Vijay Morampudi, Director, Wavelabs Technologies Generative AI has the potential to revolutionize industries as a whole. As a leader, it is crucial tocreate an effective generative AI strategy for your enterprise to stay competitive and take advantageof the technological advancementsThis article presents seven practical steps that can be followed to create a […]