IT, Panchayati Raj and Rural Development Minister Nara Lokesh on Tuesday said Amaravati would become the first capital in India to have land registry using blockchain technology.
Disclosing this to reporters on the sidelines of two-day Blockchain Business Meet which concluded here along with Special Chief Secretary and IT Advisor to Chief Minister J.A. Chowdary and AP Electronics and IT Agency CEO (Promotions) Tirumala Chamalla, Mr. Lokesh said Union IT Minister Ravi Shankar Prasad and IT Secretary Ajay Sawhney had promised to sanction funds for the ambitious project.
“Once implemented, we will have the unique distinction as the first State to have land without any dispute over title deeds,” he said.
The State was the first to use blockchain technology in the road transport and registrations departments as a pilot project.
He also announced the establishment of a major centre by California-based ERP Cloud firm, Zoho in Tirupati.
“We are expecting to break the ground some time in November,” he said.
Happening cities
Refusing to divulge information on investment plans by the company, he said it would create employment opportunities for many. He said after Visakhapatnam, which is the natural choice for investors, Amaravati and Tirupati were emerging as rendezvous for investments in IT and electronics.
