Blockchain Development In India

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Blockchain Development In India
Blockchain In India Blockchain development in India has already started to change the way we think about money and transactions. The country’s National Blockchain Project, which is headed by the Indian Institute of Technology (IIT) Kanpur, is poised to take blockchain technology to the next level. Blockchain technology has immense potential for boosting transparency and…More

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Vision

To create trusted digital platforms through shared Blockchain infrastructure; promoting research and development, innovation, technology and application development; and facilitating state of the art, transparent, secure and trusted digital service delivery to citizens and businesses, thus making India a global leader in Blockchain Technology.

Mission

Endeavour to evolve a vigilant and trusted collaborative digital ecosystem to provide a consensus based, tamper-evident, transparent and open framework for offering e-Governance services to citizens and businesses involving multiple organizations in a participating environment assuring trust, security, track and trace, integrity and regulatory compliance.

Objective

Create a trusted digital platform by evolving a national Blockchain infrastructure that can be used for development and deployment of applications supported with a sandbox for testing multiple Blockchain based solutions.
Foster research & development in Blockchain technology to address challenges related to rapid application development & deployment, interoperability, scalability, security and privacy.
Create and update an innovation roadmap for trusted digital platform, addressing various challenges towards Blockchain technology adoption.
Plan for production grade applications of national interest focusing on providing faster, secure, transparent, trusted and efficient delivery of services to the citizens and businesses.
Encourage development of standards in the area of Blockchain technology.
Identify the legal and policy requirements towards regulating Blockchain for offering services to citizens and businesses.
Encourage multi stakeholder model in evolving national Blockchain infrastructure for offering citizen services thereby assuring transparency, trust and provenance.
Strengthen India’s collaboration with global organizations and innovation and research centres working in the area of Blockchain technologies.
Evolve a centralized planning and decentralized execution model for large scale adoption.
Promote capacity building, skill development and innovation in Blockchain technology