ISLAMABAD: The National Database and Registration Authority (NADRA) and the Capital Development Authority (CDA) signed a deal on Wednesday to create a biometric verification system (BvS) for transferring property.
A press release here said that the heads of NADRA and CDA signed the agreement. Their names are Tariq Malik and Amir Ali Ahmed.
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For the sale, purchase, and transfer of properties, the NADRA will create and use a biometric verification solution. The system will make it harder to fake documents and stop people or groups with bad intentions from trying to trick their way into transferring property in Islamabad Capital Territory (ICT).
About 20,000 sales, purchases, and property transfers take place in the CDA every year.
The NADRA chairman talked about how vital the biometric verification system for property transfer was. He called it a “digitised solution” meant to change the way public services were given by reducing the risk of forgery and stopping transactions that were against the law.
He said that the development of the digital biometric system foreshadows illegal acts. “The BVS will not only make the CDA system more open, but it will also meet the know-your-customer (KYC) requirements in real estate transactions,” he said.
“Biometric authentication is a unique way to prove who you are, making it easier to transfer property. In addition, the NADRA can use biometrics to check the identities of citizens and their family members, which any organization needs to do. “The NADRA’s biometric identification system will make sure that people are who they say they are and will make it less than the CDA will be broken into,” he said.
He said that with this kind of security system, transactions are done not only by affidavit but also by biometrics.
The head of the CDA said that the organization’s work to digitize was strengthened by its partnership with the NADRA. “The NADRA’s technical skills in the field of information technology and data management are not only known across the country but also internationally, where NADRA is known as one of the top system integrators,” he said.
The NADRA stayed busy and successfully finished several enterprise-level projects important to the country. It also completed several international projects, giving Pakistan a good name.
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