Home Blockchain Karnataka to use blockchain for property registration – Deccan Herald

Karnataka to use blockchain for property registration – Deccan Herald

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Property registration in Karnataka is all set to change into safer and hassle-free, with the state authorities growing a system primarily based on blockchain know-how for on-line property documentation.

The brand new system, developed in collaboration with IIT-Kanpur, guarantees an immutable digital storage of property information by means of blockchain. In different phrases, information as soon as saved can’t be modified, eliminating dangers of impersonation and unauthorised tweaking of data.

In response to Further Chief Secretary (e-governance) Rajeev Chawla, the brand new system was accepted by the income division and could be prepared for a pilot in 4 months. “Until authorised, no official will have the ability to tamper with the info,” he stated.

Every property holder might be given a property card akin to an ATM card, which may be accessed by means of a PIN. The property transaction particulars may be accessed solely with the authentication of the consumer’s digital key or PIN quantity.

“The content material within the blockchain might be locked by means of this card. The cardboard acts like a locker. Until the card-based consent is offered, no person will have the ability to modify the info,” an professional related to the venture additional defined.

From a consumer’s viewpoint, this method protects property information apart from eradicating the effort of storing exhausting copies of paperwork. A consumer will have the ability to swipe the cardboard at citizen service centres reminiscent of Bangalore One and obtain or print the identical.

The brand new system is predicted to strengthen the income division’s current Kaveri portal.

“The identification of a property database in a sub registrar’s workplace will change into simple. Proper now, Kaveri relies on human discretion for verification of id and possession. A sub-registrar’s workplace will authenticate all this. The brand new know-how will scale back human discretion because the playing cards will show your id and authentication,” the professional added.

It could be recalled that final 12 months, information pertaining to about 300 properties within the Kaveri portal was allegedly compromised. An inner audit report of the Division of Stamps and Registration suspected that officers with technical experience had misused the portal.

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