Cognitochain – Partnership with Telangana State Govt of India

Stree Nidhi, PR&RD, Government of Telangana, has implemented B-PoST (Blockchain – Protection of Stree Nidhi Transactions), a blockchain technology-based solution to empower the poor women, especially the unbanked and under-banked population. The loan disbursement and repayments of Stree Nidhi for…

Cognitochain - Partnership with Telangana State Govt of India

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Stree Nidhi, PR&RD, Government of Telangana, has implemented B-PoST (Blockchain – Protection of Stree Nidhi Transactions), a blockchain technology-based solution to empower the poor women, especially the unbanked and under-banked population.

The loan disbursement and repayments of Stree Nidhi for all the 1.5 lakh members will be recorded on the blockchain platform. The Self-Help Group (SHG) member-level credit rating will be derived from these blockchain transactions. The SHG members may now leverage their credit rating to avail other financial instruments from banks and other institutions.

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