National Database and Registration Authority (Nadra) and Capital Development Authority (CDA) signed an agreement on development of comprehensive biometric verification system (BVS) for safer property transfers in Islamabad.
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Under the agreement signed between Nadra Chairman Tariq Malik and CDA Chairman Amir Ali Ahmed at Nadra Headquarters, Nadra biometric verification system solution for the process of sale, purchase and transfer of properties. Nadra biometric verification system will help reduce forgery and eliminate the deceptive attempts by illegitimate means or persons regarding transfer of properties in Islamabad. Approximately, 20,000 transactions of sale, purchase and transfer of properties take place annually in CDA. Speaking on the occasion, Nadra Chairman Tariq Malik said: “With the rollout of Nadra digital eco system anchored in digital ID, citizens are becoming better equipped to exercise their rights and to prove with unprecedented certainty who they are, in both physical and virtual reals.”
Mr Malik highlighted the importance of biometric verification system for property transfer- a digitized solution that is meant to transform public service delivery by scaling down the risk of forgery and obviating proscribed transactions in property transfer. He said the deployment of digital biometric system foreshadows the attempts of unlawful act by ensuring identity of buyer and seller. The deployment of BVS will not only bring transparency to CDA system but also fulfill the compliance of know-your-customer (KYC) in property transactions, he added. He said: “Biometric authentication is unique identity brings transparency in property transfers. Nadra has the capacity to verify the citizens and their family members biometrically to address the challenges faced by any organisation.”
Nadra’s biometric identification system will provide an accurate identification and minimise the risk of unwanted breaches within Capital Development Authority. With this type of security system, transactions take place not just by affidavit but by biometrics. CDA Chairman Amir Ali Ahmed said that CDA’s ongoing digitisation venture is further cemented with our partnership with Nadra. Nadra remained engaged and successfully completed multiple enterprise-level projects of national importance and has also delivered multiple International projects successfully which has resulted in bringing good name to Pakistan.
Source: This news is originally published by dawn