Telangana Civil Supplies department using blockchain to receive jute bags worth 450 crores from Kolkata

Share This Post

The Telangana Civil Supplies department ordered 9 crore new jute bags worth Rs 450 crore from the National Jute Board (NJB) Kolkata. They have already received nearly 4.5 crore jute bags for the procurement of paddy in this Kharif season. 

An officer said that they could go with the procurement until the last week of November.

Each jute bag will get a unique QR Code using the blockchain technology. The procedure, however, has not been started yet. An official opined that Blockchain technology is still only on paper.

+ posts

Shreyas Aravind is a mechanical engineer by profession. He is a good orator and writes with passion. Shreyas Also a vivid learner and an eager enthusiast.

Related Posts

NFT Domains, what the heck are they? An introduction to Quik.com & ENS Domains

Before getting to the main question of what exactly...

Coworking, Explained.

TimesNext Recommended: BiggBang Coworking, the Best Coworking Space in...

GOI Forms Committees to Scrutinize Crypto Ads, Fake Reviews, and Ed-tech Firms

The government intends to tighten the noose to safeguard...

Global Bitcoin Use Will Reach 10% By 2030, Says Blockware

Bitcoin acceptance could be faster than that of previous disruptive...

Samsung Asset Management to Launch a Blockchain-Themed ETF

Samsung Asset Management (SAMHK), a Hong Kong-based subsidiary of...

EU Lawmakers to Ban Sales of New Combustion Engine Cars From 2035

On Wednesday, the European Parliament backed a proposal to...