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Hyderabad: Telangana wins gold in e-governance
Telangana's blockchain project for administering chit funds in the State, T-Chits, has been awarded gold in ‘Excellence in Adopting Emerging Technologies.’
Hyderabad: Telangana's blockchain project for administering chit funds in the State, T-Chits, has been awarded gold in 'Excellence in Adopting Emerging Technologies.' This award has positioned Telangana as an undisputed leader in emerging technologies.
Department of Administrative Reforms and Public Grievances (DARPG) along with Ministry of Electronics and Information Technology (MeitY) in association with one of the State/UT government organises the national conference on e-governance every year since 1997. The 23rd national conference on e-governance 2019-20 concluded on Saturday in Mumbai.
A project of the Blockchain District State initiative, T-Chits has transformed the cumbersome process of monitoring chit fund transactions by bringing in trust and transparency through blockchain. "T-Chits is the perfect example of using cutting edge emerging technologies for social good. Kudos to Chitmonks, a blockchain-startup incubated in T-Hub, for developing a scalable blockchain solution, tailor-made to solve a major Indian problem," said IT Secretary Jayesh Ranjan. The award was given by Union Minister of State for Prime Minister's office Jitendra Singh.
