Second-Largest Indian State to Use Blockchain in Various Spheres

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The government of the Indian state of Maharashtra is preparing a regulatory sandbox for testing blockchain solutions across various applications.

According to a report by Indian English-language news daily DNA India on Aug. 19, the government aims to apply blockchain technology in supply chains, agricultural marketing, vehicle registration and document management.

The Maharashtra Information Technology Directorate will lead the development and the government has already earmarked 100 million rupees (~$1.4 million) for blockchain adoption from 2019–2020. Already the government has completed its first blockchain pilot in the fields of health, supply chain, documents and SSC certificates. A detailed report has been prepared to go in for extensive use of blockchain technology in various government departments. A regulatory sandbox, which will be a common framework for adopting blockchain technology, will be prepared in next five to six months.”

Containing the capital of Mumbai, the state of Maharashtra is the second-largest state in India and is home to over 114 million people.

Various Indian companies and government institutions have been applying blockchain technology to their businesses and administrative models. In June, news broke that the Reserve Bank of India is developing a blockchain platform for banking in its R&D branch. Ambani said, “Over the next 12 months, Jio will install across India one of the largest blockchain networks in the world, with tens of thousands of nodes operational on day one.” Jio has a current user base of over 330 million people.

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