The Ministry of Electronics and Information Technology (MEITY) has recommended the government create a National Level Blockchain Framework (NLBF) to encourage the adoption of blockchain technology across a variety of public use-cases. The ministry's draft National Strategy on Blockchain proposes that various public projects can be brought on to a blockchain platform for digital identities, land records and official documents and healthcare, among other areas. The report recommends that the government create a legal and regulatory framework for the adoption of blockchain technology in various public and private areas, while at the same time build capacities on blockchain research and innovation to compete with other nations. At present, there are various efforts by government bodies and the private sector to use blockchain technology. But in order to effectively scale the technology, there is a need for scaling deployments, explore various domains, emerge shared infrastructure and cross domain applications, it said. "As a country, a National Level Blockchain Framework can aid in scaling deployments for developed applications, emerge shared infrastructure and also enable cross domain application development. So there is a need to build infrastructure that is spread across multiple zones across the country. Since no single platform is capable to meet the requirements of different application domains of the country, the proposed infrastructure can help in hosting multiple Blockchain platforms."— National Strategy on Blockchain The last date for submitting feedback to the draft of the National Strategy on Blockchain is February 16. National Level Blockchain Framework The aim of the…
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MEITY recommends using blockchain for public projects, creation of National Blockchain Framework
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