Vishvasya-Blockchain Technology Stack, an Indian government-led new blockchain project. The program is being driven by the Ministry of Electronics and Information Technology, which has developed a Blockchain-as-a-Service (BaaS) platform. In short, it democratizes blockchain technology to the public in a wide scale with distributed infrastructure across the country. It is standardized with the purpose of enabling safe, effective and permissions blockchain applications.
National Blockchain Framework (Launch of NBF)
Key Components:
Vishvasya-Blockchain Technology Stack — A platform for creating different blockchain applications.
NBFLite: Light Blockchain for Startups and Academia.
Praamaanik: A dedicated tool on the blockchain for validating mobile apps.documentation
National Blockchain Portal: A unified website to host all blockchain projects of MeitY
National Blockchain Framework (NBF — voting last days)
- A trust-enhancing framework to scale up digital services and improve government service delivery • Scale-tech
- But it has characteristics such as distributed infrastructure, core functionality and preparedness from a security/privacy perspective.
Technology Development and Collaboration:
- Partnership with institutional bodies like C-DAC, NIC, IIT Hyderabad & IIIT Hyderabad
- Goals• Seeks to enhance security, trust and transparency in services.
Transforming Governance:
- Blockchain as an enabler for more transparent and accountable Public Services
Tackling Challenges:
- Development of a network structure workforce with specific training for use and application development on the blockchain.
- Giving users the freedom to use any technology in a right way.
- Performance, Interoperability and Security bug fixes
Month: Current Affairs - September 10, 2024
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