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Indian State Uses Blockchain Technology to Stop Land Ownership Fraud
- The government of the Indian state of Andhra Pradesh is exploring the use of Blockchain technology in its land ownership system to make it more transparent.
- To advance this initiative, the government has partnered a Sweden-based startup.
- It is estimated that $700 million is being paid in bribes at land registrars across India.
- ChromaWay has already piloted a blockchain project in Sweden focused on the process of buying and selling real-estate
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