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Airchains to record land ownership with NFTs for Indian city

Biswa Bangla Gate in Kolkata, West Bengal.

Biswa Bangla Gate in Kolkata, West Bengal. Image: Envato Elements

Airchains, a Web3 software and infrastructure firm based in India, has announced a partnership with the New Town Kolkata Development Authority (NKDA) in the eastern state of West Bengal, aiming to release 500,000 non-fungible tokens (NFTs) to enhance land mutation, a legal process that involves registration and transfer of land ownership. 

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