Intellectual Property India Publishes Patent Application for 'Blockchain-Based Government Fund Allocation And Tracking System' Filed by Vellore Institute Of Technology

MUMBAI, India, Jan. 2 -- Intellectual Property India has published a patent application (202541122223 A) filed by Vellore Institute Of Technology, Vellore, Tamil Nadu, on Dec. 4, 2025, for 'blockchain-based government fund allocation and tracking system.'

Inventor(s) include Dr. S M Farooq; Pranav; and Patankar Nahush Amol.

The application for the patent was published on Jan. 2, under issue no. 01/2026.

According to the abstract released by the Intellectual Property India: "The present disclosure provides a blockchain-based government fund allocation and tracking system. The system includes a blockchain network configured to execute smart contracts for automated fund disbursement, a database configured to store mutable metadata including...