National Level Blockchain Framework in Progress: MeitY

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  • 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
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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.”

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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.

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