Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post

National Level Blockchain Framework in Progress: MeitY

- Advertisement -
  • The Generic Blockchain-based Proof-of Existence (PoE) framework is developed to enable PoE for digital artifacts
  • PoC is developed for vehicle life cycle management and hotel registry management PoC
Image for representational purpose only

According to a report by ET, the government is preparing a strategy for national-level use of Blockchain technology with an aim to scale up and widely deploy the new age technology.

Blockchain Technology potential

The ministry of electronics and information technology (MeitY) said that “Considering the potential of Blockchain Technology and the need for shared infrastructure for different use cases, an approach paper on National Level Blockchain Framework is being prepared.”

- Advertisement -

MeitY has supported a multi-institutional project titled Distributed Centre of Excellence in Blockchain Technology with the Centre for Development of Advanced Computing (C-DAC), the Institute for Development & Research in Banking Technology (IDRBT) and others as executing agencies, reported ET.

To read the full story, click here.

- Advertisement -

Most Popular Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here
Captcha verification failed!
CAPTCHA user score failed. Please contact us!

Exclusive

“Our Manufacturing Setup In UK Is Highly Competitive!”

0
Harwin is a global supplier of connectors. Their claim to fame is that they provide quality products at unbelievable pricing. With manufacturing units in...

“We are Not a Locker Manufacturing Company; We are a Logistics Company”

0
With plans to blend logistics and e-commerce, Podrones envisions revolutionising the logistics sector. Founder Aniruddha Gupte told EFY’s Yashasvini Razdan all about the startup’s...

Union Budget 2024-25: What Can The Electronics Sector Expect?

0
Focusing on localisation in the electronics ecosystem, the first Union Budget post-elections has revamped customs duties on raw materials and equipment, extending support for...

Buzz

Budget’24-25: MeitY’s Allocation Soars 52% to ₹219.36 Billion

0
Eyeing to boost India’s position in the global semiconductor industry, this time, Union Budget increased MeitY’s funding by 52% to ₹219.36 billion due to...

Asteria Aerospace Launches Skydeck As Self-Service Saas Platform

0
To harness drone data management across various industries, Asteria Aerospace has launched its advanced cloud platform, SkyDeck as a self-service SaaS solution. Reliance subsidiary drone...

Karnataka Allocates ₹7.14 Billion To Attract Chipmakers

0
Planning to develop four industrial clusters for the semiconductor sector, Karnataka has planned ₹7.1449 billion and 901 acres of land to draw investors, said...

Important Sectors

Budget’24-25: MeitY’s Allocation Soars 52% to ₹219.36 Billion

0
Eyeing to boost India’s position in the global semiconductor industry, this time, Union Budget increased MeitY’s funding by 52% to ₹219.36 billion due to...

Asteria Aerospace Launches Skydeck As Self-Service Saas Platform

0
To harness drone data management across various industries, Asteria Aerospace has launched its advanced cloud platform, SkyDeck as a self-service SaaS solution. Reliance subsidiary drone...

Karnataka Allocates ₹7.14 Billion To Attract Chipmakers

0
Planning to develop four industrial clusters for the semiconductor sector, Karnataka has planned ₹7.1449 billion and 901 acres of land to draw investors, said...

Nefab Opens Second Semiconductor Packaging Facility In Malaysia

0
Boosting advanced sustainable manufacturing practices, Nefab has established a new semiconductor packaging plant in Batu Kawan, Malaysia, which will be fully operational next year. Nefab,...

Budget 2024 Benefits EV And Auto Component Manufacturers

0
Budget 2024 includes a Rs 100 crore no-collateral credit guarantee, an increase in Mudra loans from Rs 10 lakh to Rs 20 lakh, and...

Manufacturing

Budget’24-25: MeitY’s Allocation Soars 52% to ₹219.36 Billion

0
Eyeing to boost India’s position in the global semiconductor industry, this time, Union Budget increased MeitY’s funding by 52% to ₹219.36 billion due to...

Nefab Opens Second Semiconductor Packaging Facility In Malaysia

0
Boosting advanced sustainable manufacturing practices, Nefab has established a new semiconductor packaging plant in Batu Kawan, Malaysia, which will be fully operational next year. Nefab,...

Budget 2024 Benefits EV And Auto Component Manufacturers

0
Budget 2024 includes a Rs 100 crore no-collateral credit guarantee, an increase in Mudra loans from Rs 10 lakh to Rs 20 lakh, and...

Budget 2024-25: Mission To Enhance EV Battery Production

0
Lithium, copper, cobalt, and nickel, essential minerals for e-mobility and renewable energy, are not subject to customs duty. Finance Minister Nirmala Sitharaman announced the establishment...

Union Budget 2024-25: What Can The Electronics Sector Expect?

0
Focusing on localisation in the electronics ecosystem, the first Union Budget post-elections has revamped customs duties on raw materials and equipment, extending support for...