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India's NIC Hosts 8 Million Documents on Blockchain to Combat Forgery

Algoine News
Summary:
The National Informatics Centre (NIC) in India currently hosts nearly 8 million legitimate documents across five blockchain systems. With the objective to counter document forgery, India's widespread blockchain implementation enables the digital issuing of permanent and verifiable certificates. Presently, three key blockchain frameworks are in use, and five live blockchain products are in operation. In addition, collaboration between key industry players is ongoing to further integrate blockchain technology into different systems. Despite initial hesitancy, blockchain technology has been broadly embraced in India, driven primarily by local government units.
Currently, approximately 8 million authenticatable documents are preserved on five blockchain platforms managed by India's governmental body, the National Informatics Centre (NIC). Operating under the jurisdiction of India's Ministry of Electronics and IT (MeitY), the NIC recently unveiled a fresh website promoting its diverse range of blockchain undertakings. As per the unveiled data, a comprehensive tally of 7.93 million documents, encompassing sectors such as education, the judiciary, property ownership, and pharmaceutical supply chains, are presently stored over the course of these blockchain platforms. India primarily employs the use of three major blockchain frameworks for product development, namely Hyperledger Fabric, Hyperledger Sawtooth and Ethereum. The five live blockchain products in India currently include certificate chain, document chain, drug logistics chain, judiciary chain, and property chain. These documents originate from six distinct states and three governmental departments, including the Central Board of Secondary Education (CBSE), the Ministry of Consumer Affairs, and the Ministry of Justice. Governmental departments that have embraced blockchain technology have enabled verification services related to property ownership, birth and death records, pharmaceutical supply management systems, and educational certificates. Moreover, India is also in the process of developing proof-of-concept blockchains specifically for land records, blood banks, tracing Goods and Services Tax (GST), and the Public Distribution System (PDS). Last year, Hindustan Petroleum, a prominent Indian oil and gas corporation, teamed up with Zupple Labs, a blockchain software company, to incorporate blockchain-based digital credentialing technology into their purchase order process. The primary motive behind India's blockchain implementations is to tackle the nation's persistent issue of document forgery. The use of blockchain enables the Indian government to digitally issue verifiable and permanent certificates that are impervious to illicit alterations or misuse. India's nationwide embrace of blockchain implementation is predominantly driven by local government entities. Despite their initial hesitation to fully sanction cryptocurrencies, India has generally welcomed blockchain technology, with various state and local governments playing a substantial role in driving the country's adoption of blockchain.

Published At

3/6/2024 3:31:57 PM

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