AGL39.71▼ -0.42 (-0.01%)AIRLINK189.85▲ 0.42 (0.00%)BOP9.83▼ -0.51 (-0.05%)CNERGY7.01▼ -0.2 (-0.03%)DCL10.24▲ 0.03 (0.00%)DFML41.31▼ -0.49 (-0.01%)DGKC105.99▼ -2.64 (-0.02%)FCCL37.72▼ -0.87 (-0.02%)FFBL93.41▲ 3.5 (0.04%)FFL15▼ -0.02 (0.00%)HUBC122.3▼ -0.93 (-0.01%)HUMNL14.31▼ -0.14 (-0.01%)KEL6.32▼ -0.02 (0.00%)KOSM8.12▼ -0.28 (-0.03%)MLCF48.78▼ -0.69 (-0.01%)NBP72.31▼ -2.51 (-0.03%)OGDC222.95▲ 9.54 (0.04%)PAEL33.62▲ 0.63 (0.02%)PIBTL9.67▲ 0.6 (0.07%)PPL201.45▲ 1.52 (0.01%)PRL33.8▼ -0.75 (-0.02%)PTC26.59▼ -0.62 (-0.02%)SEARL116.87▼ -1.32 (-0.01%)TELE9.63▼ -0.25 (-0.03%)TOMCL36.61▲ 1.19 (0.03%)TPLP11.95▼ -0.62 (-0.05%)TREET24.49▲ 2.2 (0.10%)TRG61.36▲ 0.46 (0.01%)UNITY36.06▼ -0.63 (-0.02%)WTL1.79▲ 0 (0.00%)

NADRA to develop CDA’s Biometric Verification System for property transfer

Share
Tweet
WhatsApp
Share on Linkedin
[tta_listen_btn]

National Database and Registration Authority and Capital Development Authority (CDA) inked an agreement with regard to the development of comprehensive Biometric Verification System (BvS) here on Wednesday at NADRA Headquarters.

The agreement was signed between Chairman NADRA Mr. Tariq Malik and CDA Chairman Mr. Amir Ali Ahmed. Federal Minister for Interior Rana Sanaullah Khan was also present on the occasion.

While speaking on the occasion Chairman NADRA 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.”

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.

Related Posts

Get Alerts