TamilNadu Working on Blockchain for State-Level Policies
One of the largest states in India, Tamil Nadu is reportedly working on blockchain and and artificial intelligence for state-level policies. The policy will be will be released in the next ten days.
The state will be establishing the rules on how to implement the blockchain and artificial intelligence in solving the governance issues. However, Tamil Nadu is not the only that has been working on the blockchain policies. Earlier, Maharashtra also prepared itself for a regulatory sandbox for testing the blockchain-based solution in various applications. Maharashtra was planning to implement blockchain in vehicle registration, document registration, supply chains and other agricultural applications.
Also, Andra Pradesh has been exploring its options in using the blockchain technology to make the system more transparent and to combat corruption in the existing system. The state of Telangana did release a draft for the blockchain policies which mainly focused on creating an ecosystem of blockchain startups and all the research institutes for the emerging technologies.
The CEO of Tamil Nadu’s e-Governance Agency, Santosh Mishra said, “We are working on separate policies on blockchain and AI. The AI policy is going to be perhaps the world’s first policy addressing the safe and ethical use of AI. No state or country has announced a standalone policy to address the safety and ethics associated with AI, and we have no precedent for it.”
The Chief Minister of Tamil Nadu Edappadi K Palaniswami has also announced to provide a better e-service to the citizens using blockchain technology. With established state laws would handle all the issues more efficiently.
The hearing that was going to consider the ban on cryptocurrencies and the banking restrictions by the Supreme Court of India has been postponed to November 19th, 2019.