Maharashtra CM Uddhav Thackeray to Roll Out State Blockchain Policy

Maharashtra to Apply “state Blockchain Policy” Soon in the State

Maharashtra Chief Minister Uddhav Thackeray has given his nod to blockchain technology and the state government is planning to introduce “State Blockchain Policy.” The move is expected to offer Maharashtra, the major financial hub of India, directions to emerge as the first blockchain-powered state in the country.

Earlier, Maharashtra had implemented four pilot e-governance projects that revolved around blockchain technology.

Meanwhile, the state is assessing various steps in an effort to accept innovative technologies to transform government services.

Maharashtra has already adopted data analytics, artificial intelligence, blockchain, drones, etc. towards the direction of taking vital e-governance initiatives. The state has already witnessed large scale acceptance and adoption of blockchain.

According to a report, the four pilot projects that are making optimum utilization of blockchain technology in Maharashtra include transport, health, finance, and agriculture. Reports claim that the corneal transplantation at the leading Gokuldas Tejpal Hospital in Mumbai makes effective use of blockchain technology.

In other parts, including the state warehousing corporation, a warehousing system has been launched for the assistance of farmers that will provide smooth access to finance and help in exporting their crops such as pomegranate fruit.  Meanwhile, for Mumbai’s RTO, a vehicle supply chain has also been established.

SVR Srinivas, principal secretary, Department of Information Technology revealed, Uddhav Thackeray coined the idea of Blockchain policy. The CM said that the state must adopt blockchain policy for the larger interest of people of the state. The policy will be released in a short span of time.

Soon after the success of phase 1, the state officials have now recognized the requirement for shared infrastructure and pilot blockchain networks, thus bringing town time and implementation cost added the official.

GBA India President Sharat Chandra said that the government has a strong role to play as the promoter, regulator, and incubator for the blockchain technology.

Sharat Chandra added, “For delivering maximum governance, government departments must digitally transform themselves, especially from inter and intra-departmental angle, to get rid of the multiplicity of workflows across various departments and address concerns related to data integrity and consistency.”