Maharashtra To Use Blockchain In Agriculture, Insurance

As per DNA article on 19th August, the Maharashtra government has approved Sandbox plan of implementing Blockchain Technology in agriculture marketing, supply chain, registration of vehicles and document management system.

A regulatory sandbox, will be a common framework for adopting blockchain technology, will be prepared in the next five to six months.” explains Srinivas.

The adoption of Blockchain technology shall simplify and speed up authentication of important documents like proof of birth, and other rights of ownership once they are recorded. Govt has already designated 10Cr, out of this 4Cr is approved by the Project Committee for implementation.