hyderabad the telangana government is deploying blockchain technology in various areas to enhance security as well as efficacy of its data a senior government official said on monday herea blockchain is a decentralized and distributed digital ledger that is used to record transactions across many computers so that the records cannot be altered retroactively without the alteration of all subsequent blocks and the collusion of the networkwe are deploying blockchain technology for cleaning of land records in transportation sector and digitalizing health records telangana it secretary jayesh ranjan said while delivering the keynote at the gambit conference on gaming bitcoin and domains spaceranjan however added that bitcoins are still a grey area for the government and needs further research for governments to leverage bitcoins we need to have a deeper understanding of the subject we know the value of bitcoins is at its peak now not everyone is familiar with the concept and it may be a bubble that can burst anytime if that happens how do we protect the interests of the common people we need a system to safeguard a common mans interests and get a deeper understanding about bitcoins he added