Tech Mahindra Ltd, a leading information technology company from India, has entered into a partnership with the Department of Urban Planning and Municipalities (DPM), a leading UAE Government entity to launch a Blockchain solution for Land Registry using SmartHub Application. The solution will enhance citizen services by increasing transparency and traceability of records, security, and ensuring easy archival of data.
The solution will enable digital transformation of land registry – it will decrease the processing time related to Land Registry related transactions and create value which can bring benefits to citizens and multiple entities associated with municipalities (like property developers, banks).
All the property related documents issued by the municipalities will be stored in Blockchain and can be tracked through Blockchain nods extended to different entities. SmartHub application using Blockchain will also provide benefits in services like Buying Resale Property and Tenancy Contract Verification etc.
The Department of Urban Planning and Municipalities (DPM), initiate, drive and support Abu Dhabi’s urban development strategy. By transferring DPM vision and overarching principles to physical settings, DPM develops strategic plans that are designed to shape the Emirate. The vision is built on a comprehensive analysis of the urban fabric, land availability and its best use, environmental issues, mobility, infrastructure and urban services that need to be integrated in Emirate-wide planning strategy.
Tech Mahindra, a USD 4.9 billion company, offers innovative and customer-centric information technology experiences, enabling Enterprises, Associates and the Society to Rise. With 125,700+ professionals across 90 countries, Tech Mahindra is the highest ranked Non-U.S. company in the Forbes Global Digital 100 list (2018) and in the Forbes Fab 50 companies in Asia (2018).