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India Skips Blockchain for Land Record Reform—Government Doubles Down on Legacy Systems
India Skips Blockchain for Land Record Reform—Government Doubles Down on Legacy Systems
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India’s land record modernization hits a snag—blockchain gets benched. The government’s latest move sidelines decentralized tech in favor of traditional databases, sparking debate among tech advocates.
Why the cold feet? Officials cite scalability and cost concerns, but crypto enthusiasts smell bureaucracy-as-usual. One finance insider quipped, 'Why innovate when you can invoice?'
The decision leaves Web3 proponents grinding their teeth. With land fraud costing India billions annually, the missed opportunity for tamper-proof records stings. Meanwhile, legacy systems rack up another win—proving old habits die harder than bear markets.
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