Maharashtra making inroads to becoming the first blockchain powered state

By VARINDIA - 2020-02-13

Maharashtra making inroads to becoming the first blockchain powered state

Reports are rife that the Maharashtra government will soon come out with ‘State Blockchain Policy’, after having successfully implemented four pilot e-governance projects based on blockchain technology.

 

The policy will provide direction to India’s financial hub to be the first blockchain powered-state in the country.

 

Four pilot projects based on blockchain technology are running in the departments of health, transport, agriculture and finance. At Gokuldas Tejpal Hospital in Mumbai, corneal transplantation is running based on blockchain. For RTO, Mumbai, vehicle supply chain has been introduced. For state warehousing corporation, a warehousing system is developed for the benefit of farmers with an aim to facilitate easy access to finance and also to export their crops (pomegranate fruit).

 

 “The idea of blockchain policy is of Maharashtra Chief Minister Uddhav Thackeray. The CM suggested that Maharashtra should go for blockchain policy for the benefit of its people. We shall release the policy in due course. It is all about provenance,” said SVR Srinivas, principal secretary, department of Information Technology, Government of Maharashtra.

 

The official said that the phase-1 began the formulation of blockchain adoption strategy. Next, it assessed on-boarded building startups. Simultaneously, used cases of blockchain were identified, which could potentially transform e-governance in the state. Four case studies were conceptualized and demonstrated as proof concepts with the help of startups namely Chainworks, Megachain, Rapidqube, and Somish. This was followed by the finalization of blockchain architecture principles and implementation roadmap.

Besides blockchain, which has seen wider acceptance and adoption in the state, Maharashtra is already working on several initiatives to adopt cutting-edge technologies for transforming government services. Fintech, data analytics, artificial intelligence, cyber security, blockchain and drones are among some technologies the state has adopted in its e-governance initiatives.

 


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