An India Blockchain Platform – INSIGHTSIAS – Insights IAS

Call us @ 08069405205
Syllabus: S&T/ Governance
 
Source: Indian Express
Context: The author argues for use of blockchain technology for e-governance in India
A digital infrastructure based on blockchain technology will transform the digital ecosystem in India and will enable the future of digital services, platforms, applications, content, and solutions.
Recent steps for digital infrastructure:  Digital India mission in 2015, our payments, provident fund, passports, driving licenses, crossing tolls, and checking land records all have been transformed with modular applications built on Aadhaar, UPI, and the India Stack.
Limitations of public digital infrastructure
Solutions:
Web 3.0: It is the next iteration of the internet. It heavily relies on blockchain technology, machine learning, and artificial intelligence (AI). It aims to create a decentralized internet with open, connected, intelligent websites and web applications.
Benefits:
Case study:
Estonia is the blockchain capital of the world and uses blockchain infrastructure to verify and process all e-governance services offered to the public.
China launched a program in 2020 called BSN (Blockchain-based Service Network) to deploy blockchain applications in the cloud at a streamlined rate.
The Brazilian government recently launched the Brazilian Blockchain Network to bring participating institutions into governance.
Need for an All-India Blockchain Platform for India:
Conclusion:
The Indian digital community, including fintech, academia, think tanks, and institutions, should focus on supporting research in standards, interoperability, and efficient handling of current known issues with the distributed technologies, e.g., scalability and performance, consensus mechanisms, and auto-detection of vulnerabilities.
 
Insta Links
Blockchain
Mains links
Q. Analyze the potential of blockchain technology in transforming the public sector works and citizen service delivery. (15M)
Prelims Link
With reference to Web 3-0, consider the following statements: (UPSC 2022)
Which of the statements given above are correct?
(a) 1 and 2 only
(b) 2 and 3 only
(c) 1 and 3 only
(d) 1, 2 and 3
Answer: D
Answer: A
With reference to “Blockchain Technology”, consider the following statements: (UPSC 2022)
Which of the statements given above is/are correct?
(a) 1 only
(b) 1 and 2 only
(c) 2 only
(d) 1 and 3 only
Answer: D
Related Posts
 
InsightsIAS has redefined, revolutionised and simplified the way aspirants prepare for UPSC Civil Services Exam. Today it’s India’s top website and an institution when it comes to imparting quality content, guidance and teaching for IAS Exam.
InsightsIAS Headquarters, Nanda Ashirwad Complex, 3rd Floor, Above Village Hyper Market, Chandralyout Main Road, Attiguppe , Bengaluru – 560040
support@insightsias.com
Now reach all our Branches with ease!!!! Call us @ 08069405205
Want to work at Insights IAS? Write in to us at
careers@insightsias.com
Copyright © Insights Active Learning

source

Sharing Is Caring:

Leave a Comment