Ahmedabad Latest News: AMC's Blockchain Initiative Transforms TDR Management
Ahmedabad News Today: AMC Takes Bold Steps with Blockchain
A significant transformation is underway in Ahmedabad as the Ahmedabad Municipal Corporation (AMC) adopts blockchain technology for managing transferable development rights (TDR). By modernizing the approach, AMC aims to streamline processes that were previously encumbered by manual errors, including the issuance of development rights certificates (DRCs) and approval of transfer forms.
Enhancing Transparency and Efficiency
This innovative step tackles the challenges associated with the current TDR management system. The present manual processes led to vulnerabilities, conceded senior officials of the AMC. Blockchain will not only secure TDR transactions but also digitize various municipal services such as issuing birth, death, and marriage certificates, showcasing a broader plan for technological advancement.
Key Areas of Impact
- Slum redevelopment projects
- Heritage conservation
- Public housing initiatives
- Road widening efforts
The shift to blockchain will enable seamless debits and credits during the creation, transfer, and consumption of TDR parcels, allowing for a more efficient management system in Ahmedabad and beyond.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.