Use Cases
SETU enables transformative applications across multiple sectors, creating value through trust, transparency, and interoperability.
Agriculture
- Integrate with agricultural supply chains to improve transparency, traceability (provenance), and credit access.
- Carbon sequestration records that enable carbon credit capture through government certified soil-testing labs; enable farmers to evaluate, list and sell carbon credits in a carbon trading marketplace.
Government Grants & Subsidies
- Automate and trace the entire disbursement process, reducing delays, leakages and fraud. For example, fertilizer subsidies and other subsidies; and grants provided to educational institutions.
Land Records
- Enable conclusive titling with immutable records, reducing disputes and fraud.
Education
- Secure issuance and verification of academic credentials and grades to combat fake degrees and ease verification at a national level (across States).
Hospitals and Healthcare
- Employ blockchain to maintain tamper-proof electronic health records, ensuring privacy, consent-based data sharing, and auditability across healthcare providers and external non-health networks selectively, on a time-bound, need-basis, with state governments, financial networks, employment verification networks etc.
- Facilitate supply chain traceability for pharmaceuticals and medical equipment, reducing counterfeit risks.
Account Aggregator (Financial Data Sharing)
- Enhance the Account Aggregator framework (regulated by RBI) using blockchain for secure, consent-based financial data sharing between banks, insurers, and fintech companies.
- Enable tamper-proof, auditable trails of data access and usage, enhancing trust and accountability among participants.
- Facilitate composable financial services by allowing verified data from Account Aggregator to trigger smart contracts, automating credit underwriting, insurance premium calculation, or wealth management advice.