NEW MANAGEMENT SYSTEMS

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The technology of blockchain will be applied in the sphere of land and property regulations and in the sphere of public health in India. The NITI Aayog Federal Research Center proposes the Indian government to use a database of digital transactions based on encryption and a network of decentralized computers for independent registration and verifying the legitimacy of exchanges to prevent data theft, hacking, and manipulation. The blockchain will provide buyers with property history data. The system of decentralized verification can exclude intermediaries in transactions with land or property. Blockchain will be used for verifying the database of all educational certificates issued in the country. In addition, in the field of public health, the state systems for the distribution and supply of pharmaceutical materials will be regulated, and electronic medical records will be introduced.

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