The Indian State Of Maharashtra To Launch Blockchain Initiative for Various Government Sectors
The Maharashtra government has recently announced that they are going to be using Blockchain technology in agriculture marketing, supply chain, registration of vehicles and document management system.
S.V.R. Srinivas, the state IT department secretary told DNA India, a local Indian news outlet:
“The state government is adopting a cutting edge technology to help enhance efficiency in governance. Already the government has completed its first blockchain pilot in the fields of health, supply chain, documents, and SSC certificates. A detailed report has been prepared to go in for extensive use of blockchain technology in various government departments. A regulatory sandbox, which will be a common framework for adopting blockchain technology, will be prepared in the next five to six months.”
He even added that originally they have the idea of utilizing blockchain in the supply chain, registration of vehicles and document management system and later for every department while another official close to the situation said blockchain information cannot be hacked or tampered with.
Maharashtra is not the only state of India interested in blockchain technology. The southern state of Andhra Pradesh now wants to use blockchain along with other new-age technologies. In the past year, Visakhapatnam, the state’s capital, has been developed as a hub for Fintech companies. They aim to create a global Fintech ecosystem in collaboration with multiple stakeholders such as corporates, universities, financial institutions, technology service providers, startups and accelerators.
In other blockchain news Indian telecoms provider Reliance Jio announced a blockchain project which is going to be one of the biggest in the world. Company head Mukesh Ambani and one of the richest people in the world said:
“Using blockchain, we also have an opportunity to invent a brand new model for data privacy, where Indian data, especially customer data, is owned and controlled by the Indian people and not by corporates, especially global corporations,”
These states are setting an example for the Central Government who are firmly against cryptos and not interested in Blockchain. Blockchain will give a boost to the Digital India initiative, which currently lags far behind expectations.