Maharashtra Plans Blockchain-Based Land Tokenisation

The Maharashtra government is taking a significant step towards leveraging technology to enhance the state's land ownership and transaction processes. By introducing a blockchain-based land tokenisation law, the government aims to create a secure, transparent, and efficient system for managing land assets. This initiative has the potential to unlock the latent value of land assets, making them more liquid and accessible to investors. The use of blockchain technology will help reduce disputes and fraudulent activities related to land ownership, promoting a more stable and trustworthy environment for property transactions.