How an Indian state is using Blockchain to fight land ownership fraud

in blockchain •  7 years ago 

It's estimated that over $700 million is currently being in paid in land brides in India. Blockchain technology is now making this exploited issue even more transparent.

The combination of a distributed ledger and encryption will have great ability to halter fraud and cut down greatly on the estimated over two-thirds of all civil cases in the country.

Yes another example of blockchain empowering our future world!

Read more at: http://steemurl.com/b20B4dex

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Awesome post, I really enjoyed it. I hope you appreciate the vote!

I am so suprised hearing this

Fantastic post thanks for this! Land Fraud Crimes are mushrooming day by day and this can be a better solution!

Yeah,,,, in the future, there will be a lot more blockchain will have to offer

Great post. This will be a really good one and yet another application of blockchain tech, saving over 700 million dollars.Good one

Blockchain seems to represent the future