Government Unveils Vishvasya-Blockchain Tech Stack
Launched by S. Krishnan, Secretary of India's Ministry of Electronics and Information Technology (MeitY), the Vishvasya-Blockchain Technology Stack provides Blockchain-as-a-Service through a distributed infrastructure that can support different approved Blockchain applications.
The National Blockchain Portal, Praamaanik, a groundbreaking blockchain-enabled solution for authenticating the provenance of mobile applications, and the NBFLite-Lightweight Blockchain Platform were also introduced by Secretary MeitY.
Building a Nationwide Blockchain to Improve Online Security and Customer Satisfaction
Initiated by MeitY, the National Blockchain Framework (NBF) aims to promote research and application development; enable the delivery of state-of-the-art, transparent, secure, and trustworthy digital services to citizens; and build trusted digital platforms.
Distributed infrastructure, core framework functionality, app development offering blockchain as a service (BaaS), security, privacy, and interoperability make up the technology stack of the national blockchain framework. At the moment, NBF is expandable and works with two Blockchain systems. Hosted across NIC Data centers in Bhubaneswar, Pune, and Hyderabad, the Technology Stack takes advantage of geographically dispersed infrastructure.
Blockchain Platform for Institutions and Startups
Designed with businesses and academics in mind, NBFLite is a Blockchain sandbox platform that facilitates research, capacity building, and rapid application prototyping. With funding from MeitY, C-DAC, NIC, IDRBT Hyderabad, IIT Hyderabad, IIIT Hyderabad, and SETS Chennai collaborated to create these technologies.
Enhancing Citizen Security and Transparency with a Nationwide Blockchain Framework
The National Blockchain Framework will enable security, trust, and transparency for various citizen-centric applications, according to S. Krishnan, Secretary, MeitY, who stated at the launch that this is an important part of the government of India's efforts to provide trusted digital service delivery. He further emphasized that all parties involved should work towards making India the world leader in blockchain technology and spreading the solutions that have been developed so that it may be adopted worldwide. This would help to drive digital empowerment, social development, and economic growth, and position India as a global leader in blockchain.can
What Blockchain Can Do to Revolutionise Governance?
Blockchain technology can revolutionize Indian administration by increasing the openness, efficiency, and accountability of public services, according to Bhuvnesh Kumar, Additional Secretary, MeitY. The importance of expanding NBF application use across agencies and states was emphasized by him, and he also recommended looking at adding new platforms, apps, and innovative components to the NBF stack.
Objectives of NBF in Confronting Difficulties
According to Sunita Verma, Scientist G and Group Coordinator, R&D in Electronics & IT, MeitY, the goal of launching NBF is to create an extensible framework using a Blockchain technology stack on distributed infrastructure. This framework will help tackle issues like vendor lock-in, the lack of qualified workers to construct Blockchain-based applications, and research hurdles in areas like security, interoperability, and performance.
The NBF is a consortium-mode effort to address research difficulties and leverage the benefits of technology to build applications in cooperation with Government organizations, according to Magesh E, Director General, C-DAC.
Souvik Dey
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