A National Blockchain Framework (NBF) can be developed wherein different domains such as health, agriculture, education, and so on would be distributed on a common blockchain infrastructure, the Ministry of Electronics and Information Technology (MeitY) said in a 52-page report on the National Strategy for Blockchain. Initially, the NBF will be used for e-governance domains and thereafter, the transition would be made for use cases beyond its ambit, the report added. While these applications are being implemented, MeitY suggested that laws and policies would have to be modified or amended. Certain bodies too will be constituted to provide guidance at the policy level for blockchain initiatives in the country. They are — Blockchain Advisory Council: The minister in MeitY would be the chairperson and representatives from various Union government ministries/departments, states, academia, and industry will be members of this council. Steering Committee: Secretary in MeitY to be the chairperson, with secretaries of various Union government ministries, selected state IT secretaries to be members of the body which will review and monitor implementation of the National Blockchain Strategy. Blockchain is still an emerging technology and other than a few pilot projects in the private sector or by the government, its commercial application and adoption numbers have been slow. Therefore, the strategy recommended that to increase blockchain adoption, a framework must be created. Earlier, in February, MeitY had released a draft of its National Strategy for Blockchain. For the complete revised report, please refer here. What would the NBF look like? [caption…
News
Summary: National Strategy on Blockchain revised by MEITY
The IT Ministry plans to rope in government bodies to implement a framework for the adoption of blockchain tech.
Please subscribe to MediaNama. Don't share prints and PDFs.
You May Also Like
News
Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...
Advert
135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...
News
By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...
News
Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...