Hyderabad: A blockchain development start-up in India, has signed an MoU with the government of Andhra Pradesh to develop blockchain-based solutions to improve governance in the state.
Belfrics Global will develop blockchain-based solutions, which will help the state government run its day-to-day affairs in a smooth and systematic manner, the company said in a statement.
We are signing similar MoUs with other state government, banking organisations and educational institutes for developing similar solutions for them,” said Praveenkumar Vijayakumar, Founder and CEO of Belfrics Global.
J.A. Chowdary, Special Chief Secretary and IT Advisor to Chief Minister, says the government will also be more than happy to provide the Proof of Concept for implementing blockchain technology in supply chain logistics, tender issuance and bidding.