“Visakhapatnam, India – 10 October of 2017 – Disputed land ownership is frequently a cause of conflict in the state of Andhra Pradesh. The current system, where land and property records are centralized in government databases, is inherently vulnerable to improper or unauthorised manipulation. (…) The government of Andhra Pradesh is exploring technologies like blockchain that can help solve these problems by decentralising data storage in such a way that it becomes difficult to manipulate without both having the proper authority, and following proper protocols. (…) Henrik Hjelte, CEO of ChromaWay, presented this partnership at the Blockchain Business Conference in Visakhapatnam, India. KPMG India was instrumental in organising the project.
The Tech
Built on Postchain, ChromaWay’s innovative consortium database platform, the system consists of a blockchain backend and a web app frontend. (…) the backend is able to closely parallel existing government systems. The frontend demonstrates the radically transparent access to data that such a system would provide to citizens(…)
About ChromaWay
ChromaWay have been pioneering blockchain technology since 2014. An international startup headquartered in Stockholm, and with offices in Tel Aviv, Lviv, and Washington DC, ChromaWay first gained experience with blockchain land registries when it was chosen as the technology provider for a long-term pilot organised by the Swedish land registry, Lantmäteriet. ChromaWay is leveraging this experience to build a proof of concept for a decentralised and immutable system for recording land ownership in Andhra Pradesh, and for many other governments interested in blockchain technology and forward-looking solutions.”