No manipulation in land registry! With blockchain technology, your property documents will always be 100% safe.

Buying or selling land and house is still considered the most difficult and risky task. Earlier, at the time of registration, old documents used to get lost, names were written wrongly or the same land was sold to many people. Thousands of cases of fraud were reported every year. But now the government has brought a new technology – Blockchain. With the help of this technology, land registry has now become completely online, transparent and 100% secure.

What is Blockchain and how does it work? Blockchain is a digital ledger. In this, every registry is kept in a block. These blocks are interconnected and it is almost impossible to change any one block. Meaning, once the ownership of the land is registered, no one can change it. All records remain secure and transparent forever.

What will be the benefit out of this?

• Fraud ends: The incident of selling the same land to many people will no longer happen.
• Transparency: Any person can easily see the complete history of his land (who was the owner).
• Fast Registry: There will be no long lines and delays in offices. Everything will be online within minutes.
• Documents will not be lost: All documents will be safe in digital form.
• Less expenses: The need for brokers and middlemen will reduce.

Where is this technology working in India?

The government has already started blockchain-based land registry pilot projects in states like Telangana, Maharashtra, Andhra Pradesh, Rajasthan and Delhi. In some areas of these states, land registry is now being done on blockchain. The central government is also planning to implement it in the entire country soon.

How will the common man benefit?
When you buy land or house, you will be able to check everything on the UMANG app or the state portal. Smart contracts will be used at the time of registration, due to which the transfer of money and property will happen simultaneously and securely. There will be no scope for fake documents or manipulation.

Blockchain technology is going to completely change the land registry. Now your property documents will always be safe and no one will be able to tamper with them.

With this new initiative of the government, lakhs of people will be saved from fraud. If you are also thinking of buying or selling property, then wait for the blockchain based system in the future. This technique will not only save your time and money but will also reduce mental stress.