IIT Kanpur-Backed CRUBN To Assist Karnataka Government In Developing Key Blockchain Network Across The Country

CRUBN was incubated at IIT Kanpur for Phase-III of the National Blockchain Project, funded by the National Security Council Secretariat and envisioned to build e-governance solutions using blockchain technology.

CRUBN, an IIT-Kanpur incubated company that provides state-of-the-art blockchain solutions for government and business entities across the globe, has teamed up with the Centre for Smart Governance, a premier software development agency of the Government of Karnataka, to develop a permissioned blockchain network as a decentralised 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 organisations. 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.

“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 times 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 superpower,” said Professor Abhay Karandikar, Director, IIT Kanpur. 

Key highlights of the project:

  • This blockchain network will be governed by the terms and conditions decided by the consortium of the e-GP Systems across the country.
  • The blockchain system can be used as the national de-duplicated supplier datastore.
  • Any e-GP system can depend upon the trust that Blockchain guarantees to authenticate supplier details. This will potentially save enormous costs associated with tender processing and make the process simpler and efficient.
  • Bank guarantees will also be pushed to this system in a tokenised & privacy-preserving manner to maintain integrity.
  • Tokenisation of Bank guarantees would mean that they will become a more acceptable instrument of transaction than they are now.

With its vision to empower India in technological self-reliance, IIT Kanpur has been undertaking various projects and initiatives. CRUBN was incubated at IIT Kanpur for Phase-III of the National Blockchain Project, funded by the National Security Council Secretariat and envisioned to build e-governance solutions using blockchain technology. 

IIT Kanpur’s C3i Center, funded by the SERB (Science and Engineering Research Board), is India’s first cyber security research and education centre in the field of cybersecurity of critical infrastructure. Further, the C3i Hub (The Technology Innovation Hub funded by DST’s National Mission on Cyber-Physical systems) established at IIT Kanpur helps in empowering the research, education, start-up ecosystem, and industrial collaboration in the field of cyber security.

More Great AIM Stories

Victor Dey
Victor is an aspiring Data Scientist & is a Master of Science in Data Science & Big Data Analytics. He is a Researcher, a Data Science Influencer and also an Ex-University Football Player. A keen learner of new developments in Data Science and Artificial Intelligence, he is committed to growing the Data Science community.

More Stories


8th April | In-person Conference | Hotel Radisson Blue, Bangalore

Organized by Analytics India Magazine

View Event >>

30th Apr | Virtual conference

Organized by Analytics India Magazine

View Event >>

Yugesh Verma
All you need to know about Graph Embeddings

Embeddings can be the subgroups of a group, similarly, in graph theory embedding of a graph can be considered as a representation of a graph on a surface, where points of that surface are made up of vertices and arcs are made up of edges

Yugesh Verma
A beginner’s guide to Spatio-Temporal graph neural networks

Spatio-temporal graphs are made of static structures and time-varying features, and such information in a graph requires a neural network that can deal with time-varying features of the graph. Neural networks which are developed to deal with time-varying features of the graph can be considered as Spatio-temporal graph neural networks. 

Vijaysinh Lendave
How to Evaluate Recommender Systems with RGRecSys?

A recommender system, sometimes known as a recommendation engine, is a type of information filtering system that attempts to forecast a user’s “rating” or “preference” for an item. In this post, we will look at RGRecSys, a library that performs constraint evaluation of recommender systems.

3 Ways to Join our Community

Discord Server

Stay Connected with a larger ecosystem of data science and ML Professionals

Telegram Channel

Discover special offers, top stories, upcoming events, and more.

Subscribe to our newsletter

Get the latest updates from AIM