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Creating persistent records and complete transparency in land records yet keeping it entirely encrypted and secured
A recent survey has shown that more than 50% of the poor finds the Land Records and Registration service in one if the large Indian state corrupt. In another example, the Economic Offences Wing (EOW) EOW is conducting an inquiry into a land scam where a high profile in Bhopal and his family members have been accused of unauthorized occupation of land worth hundreds of crores. Recently CBI caught some Noida land scam suspects in Lucknow, Noida, Meerut and Ghaziabad for their involvement in a scam where officials of Noida, UPDESCO and the State Government (allegedly) allotted residential plots by falsifying electronic records.
Encroachment and unlawful possession of the property are very common grounds for many of the legal cases filed in India. These could be related to unnecessary and non-meaningful claims. Department of Electronics & Information Technology (DeitY), has a facility to digitize land record. One of the objectives of this initiative is to provide comprehensive scrutiny to make land records tamper-proof. However, corruption still prevails and the raw data in the records can still be destroyed, unwanted claims can still be made on property documents, etc. Many of these issues can be resolved by maintaining the records, not as raw data in the system but encrypted, persistent and secured land records on the blockchain.
Benefits of using blockchain by land registry: