India's largest platform for AI & Analytics leaders & professionals

Sign in

India's largest platform for AI & Analytics leaders & 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

  • The Impact of AI on Global Economy: Trends and Initiatives to Shape the Future

    Featured Article: Author: Princy Gupta, Data Analytics Leader, Honeywell Artificial Intelligence (AI) is revolutionizing the global economy, providing unprecedented opportunities for businesses and governments to thrive in the age of data. According to McKinsey’s latest report, AI is projected to contribute $13 trillion to the global economy by 2030, a figure equivalent to the output […]

  • Digiboxx plans to hire 5,000 engineers

    Digiboxx is also aiming to have 10 million users in the next three years Digiboxx has started offering up to 20 gigabyte (GB) of free online storage in which an user can store and share file size of up to 2 GB New Delhi: Online file storage and sharing services startup Digiboxx on Tuesday said […]

  • 2020 marked a “turning point” for Cybersecurity in Australia

    Australians are on high alert about the threat of cyber attacks following Prime Minister Scott Morrison’s warning in June that Australia was targeted by a sophisticated “state-based” cyber-attack. It was, according to the Australian Cyber Security Centre (ACSC), the most significant and coordinated cyber-targeting against Australian institutions to date. The Prime Minister said while such […]

  • Transformation of Talent Acquisition by Algorithms

    Business leaders have long recognized that the ability to hire the right talent plays a significant role in any organization’s performance. Views about the challenges to acquiring and retaining such talent have evolved over time. We have moved on from a focus on the notion that a talent shortage is creating a “war for talent,” an […]