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Business EconomyPosted at: Nov 18 2021 5:49PM


CRUBN to assist Karnataka Government in developing key blockchain network across the country

Kanpur, Nov18 (UNI) CRUBN, an IIT-Kanpur incubated company which provides state-of-the-art blockchain solutions for government and business entities across the globe, has teamed up with Centre for Smart Governance, a premier software development agency of the Karnataka government, to develop a blockchain network as a decentralized trust and efficiency layer for all eGovernment Procurement (e-GP) systems across the country.

E-Government Procurement (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.


This partnership aims to ease the hassle of the existing systems by making the more than 50 operational e-GP systems across the country interoperable, which, up till now, work in silos.

Professor Abhay Karandikar, Director, IIT Kanpur, said in a statement here on Thursday that, “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.”

This blockchain network will be used for validating the claims of suppliers along with their identities. The proposed system will connect all the e-GP systems through a network, which will help retrieve and validate relevant supplier data between various e-GP Systems that are in use within 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.
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