The government of India's Andhra Pradesh state has partnered with Swedish start-up ChromaWay to build its blockchain-based solution

in #blockchain7 years ago

Real estate Company will use blockchain to avoid fraud.
The government of Andhra Pradesh has partnered with Swedish start-up ChromaWay to build its blockchain-based solution.
Fraud is rampant and disputes over titles often end up in court. Matters related to land and property make up about two-thirds of all civil cases in the country."

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News source:-

Image source:-
https://www.cnbc.com/2017/10/10/this-indian-state-wants-to-use-blockchain-to-fight-land-ownership-fraud.html https://goo.gl/images/RHXE8H

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It's good to see that Governments are becoming positive about the Blockchain technology and it's usage. I believe this will prevent many real estate frauds that are happening now. This can be an eye openner to many Governments.