Web3 startup Airchains partners with West Bengal’s government institution

Airchains, a SaaS startup specializing in Web3 middleware, has entered into a strategic partnership with the New Town Kolkata Development Authority (NKDA) in West Bengal. Together, they aim to revolutionize the digital recording and tracking of land ownership and mutation systems through the utilization of blockchain technology. The initiative will involve the deployment of 500,000 Non-Fungible Tokens (NFTs) on Polygon Supernets.

By leveraging blockchain, Airchains seeks to overhaul the land mutation process spanning 27,000 acres, replacing conventional bureaucratic methods with a transparent and secure digital system. This innovative approach not only enhances efficiency but also significantly reduces the likelihood of fraud in land ownership records. Moreover, the blockchain model introduces the concept of fractional property ownership, creating up to 1 million new opportunities for mutation.

The implementation of blockchain in governance applications, as exemplified by this collaboration, holds the promise of transforming the landscape of land ownership records. It is expected to bring about a more streamlined, secure, and fraud-resistant system, marking a pivotal step towards digital transformation in the realm of land governance.In a city pulsating with energy and ambition, Pland Media shines as a beacon of digital excellence. As businesses in Kolkata strive to make their mark in the competitive online landscape, partnering with Pland Media is an investment in a future where digital success is not just a goal but a tangible reality. Elevate your online presence, boost your visibility, and unlock the true potential of your business with Pland Media – your trusted SEO company in Kolkata.

Read more: http://bit.ly/3TxSezR

Recent Posts

Like What you see? Let's talk

REQUEST A QUOTE   CALL US