Polygon Bags Its Second Partnership With the Indian Government

• An Indian state has partnered with Airchains and Polygon to implement a blockchain-based land ownership system.
• The collaboration aims to tackle the pervasive issue of fraudulent land document mutation.
• This joint effort marks Polygon’s second use case by the Indian government.

Sandeep Nailwal, the founder of Polygon, recently tweeted about the importance of real-world Web3 use cases in driving the mainstream adoption of cryptocurrencies. In his tweet, he highlighted a significant development in the Indian state of West Bengal, where the City Development Authority has partnered with Airchains and Polygon Supernets to implement a blockchain-based land ownership and mutation system.

Nailwal mentioned that land document mutation through unlawful means is a pervasive issue in India, leading to countless landowners falling victim to fraudulent activities. He emphasized that leveraging blockchain technology can address this problem effectively. He also added that by implementing a transparent and secure digital system on Polygon Supernets, the West Bengal City Development Authority aims to prevent scams and create a trustworthy platform for land ownership transactions.

One interesting aspect highlighted in Sandeep Nailwal’s tweet is that the blockchain-based land ownership system also facilitates fractional property ownership. Fractional ownership allows multiple investors to own a portion of a property, enabling broader access to real estate investments.

Nailwal expressed his gratitude and excitement regarding the West Bengal City Development Authority’s choice of Polygon as the blockchain platform for their use case. He also mentioned that this is another use case where the government of India has chosen Polygon for its use.

Airchains, established in 2022 by Sinha and Kritarth Agrawal, offers users the capability to deploy, develop, and expand their own blockchains. Airchains has formed partnerships with various government bodies in India, including the police department in Firozabad, to introduce a complaint management system powered by blockchain technology.

Additionally, the company has collaborated with the Raigarh district administration to establish a blockchain-based monitoring system for tracking industrial Corporate Social Responsibility (CSR) plantation activities. Furthermore, Airchains has worked with the Telangana state transport department to implement blockchain solutions for transportation management.