Impact of Blockchain Technology in Indian Urban Development and Governance
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Abstract
Blockchain technology has the potential to revolutionize urban development and governance in India by enhancing transparency, efficiency, and security in administrative and infrastructural processes. This paper explores how blockchain can contribute to the Smart Cities Mission, improve land and property records management, streamline supply chains, and optimize waste, energy, and water management. Additionally, it highlights blockchain's role in governance through secure digital identities, transparent voting systems, improved public finance tracking, and enhanced law enforcement. Despite challenges such as regulatory hurdles, implementation costs, and scalability, blockchain presents a transformative opportunity for urban governance in India. Strategic adoption and collaboration between government bodies and technology experts can ensure a more transparent, efficient, and corruption-free governance system, ultimately fostering sustainable urban growth.