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CRUBN, an Indian Institute of Technology (IIT) Kanpur-incubated company, has partnered with the Centre for Smart Governance, a Karnataka Government software development agency, to build a blockchain network across the country. According to IIT Kanpur, the blockchain network will be developed as a "decentralised trust and efficiency layer for all eGovernment Procurement (e-GP) systems across the country."

“e-GP systems cater to the procurement and tendering requirements of various government departments and organizations. Though e-GP systems have contributed to enhanced efficiency and transparency in government procurement, there is potential for further advancement of the existing systems,” it added.

The collaboration aims to reduce the complexity of existing systems by interconnecting more than 50 operational e-GP systems across the country. “We have a dynamic space within the Startup Incubation and Innovation Centre (SIIC) that helps in breeding innovations. All the incubatees of the SIIC have been contributing to the country in various means, and in time of crucial need. I am delighted for the team of CRUBN, who have come forward to help in developing a key blockchain network across the country that would enrich the existing e-governance systems. This will help IIT Kanpur in realising the vision of Atmanirbhar Bharat in state-of-the-art technologies and making India a technology super power,” Professor Abhay Karandikar, Director, IIT Kanpur, said.

The blockchain network will be used to validate supplier claims as well as their identities. According to the institute, it will connect all e-GP systems via a network, which will aid in the retrieval and validation of relevant supplier data between various e-GP systems in use throughout India.

“The proposed system will also digitize Bank guarantees by powering them using the trust-based automation of Blockchain. When fully operational, this system will be a pan-India system that would reduce the time and cost associated with public procurements made using e-GP systems,” it added.

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