September 17, 2024

Search
Close this search box.

We are creating some awesome events for you. Kindly bear with us.

India Unveils Blockchain Stack Transforms Digital Services

Getting your Trinity Audio player ready...

In a landmark event held at the Ministry of Electronics and Information Technology (MeitY), the Government of India introduced the Vishvasya-Blockchain Technology Stack. This initiative aims to offer Blockchain-as-a-Service (BaaS) with a geographically distributed infrastructure, tailored to support a wide range of permissioned blockchain applications.

Shri S. Krishnan, Secretary of MeitY, led the launch, which also showcased several key innovations: NBFLite, a lightweight blockchain platform; Praamaanik, a blockchain-enabled solution for mobile app origin verification; and the National Blockchain Portal. These developments are integral to the National Blockchain Framework (NBF), designed to foster secure, transparent, and efficient digital services for citizens.

The National Blockchain Framework is built on a robust technology stack that includes distributed infrastructure, core framework functionality, smart contracts, an API gateway, and comprehensive security measures. Hosted across NIC data centres in Bhubaneswar, Pune, and Hyderabad, the NBF supports two permissioned blockchain platforms and is scalable to accommodate future advancements.

One of the standout features of the NBF is NBFLite, a blockchain sandbox platform crafted for startups and academic institutions. This platform facilitates rapid prototyping, research, and development, enabling innovators to test and refine blockchain applications. The creation of these technologies was a collaborative effort involving prominent organisations such as C-DAC, NIC, IDRBT Hyderabad, IIT Hyderabad, IIIT Hyderabad and SETS Chennai.

Shri S. Krishnan stressed that the National Blockchain Framework is a major step in enhancing digital trust and service delivery. He highlighted India’s goal of becoming a global blockchain leader, using these advancements to drive economic growth, social development, and digital empowerment, and stressed the need for global adoption of these solutions.

Shri Bhuvnesh Kumar, Additional Secretary of MeitY, highlighted blockchain’s transformative potential for governance, highlighting its ability to boost transparency, efficiency, and accountability in public services. He called for scaling NBF applications across states and departments and encouraged exploring new applications and innovations within the NBF stack.

Smt Sunita Verma, Scientist G and Group Coordinator for R&D in Electronics & IT at MeitY outlined the objectives behind the NBF. She pointed out that the framework aims to address several challenges, including the need for skilled manpower to build blockchain applications, vendor lock-in issues, and research challenges related to security, interoperability, and performance.

Shri Magesh E, Director General of C-DAC, discussed the NBF’s consortium-based approach to overcoming research challenges and leveraging blockchain technology. He highlighted the initiative’s success in generating numerous patents and research publications, furthering the development of blockchain applications in collaboration with government entities.

Ms P. R. Lakshmi Eswari, Centre Head at CDAC Hyderabad, elaborated on the technical features of the National Blockchain Framework and introduced Praamaanik, the blockchain-enabled solution for mobile app origin verification. This solution is designed to enhance the security and authenticity of mobile applications, contributing to a more trustworthy digital ecosystem.

Blockchain technology is becoming a key driver in India’s development, enhancing transparency, security, and efficiency across sectors. In line with this, the University of Wollongong India (UOW India) has partnered with a global tech leader to advance its education in emerging technologies, including blockchain. This alliance integrates advanced tech training into the curriculum, offering theoretical knowledge, hands-on experience, internships, and access to an online platform with course materials and expert interactions. By aligning with industry demands, UOW India aims to enhance student readiness for the evolving job market and boost global competitiveness.

The Vishvasya Blockchain Technology Stack and its associated components represent a significant advancement in India’s digital infrastructure. By integrating these technologies, the government aims to build a more secure, transparent, and efficient digital environment for its citizens, while positioning India at the forefront of global blockchain innovation.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

PARTNER

As a Titanium Black Partner of Dell Technologies, CTC Global Singapore boasts unparalleled access to resources.

Established in 1972, we bring 52 years of experience to the table, solidifying our position as a leading IT solutions provider in Singapore. With over 300 qualified IT professionals, we are dedicated to delivering integrated solutions that empower your organization in key areas such as Automation & AI, Cyber Security, App Modernization & Data Analytics, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Renowned for our consulting expertise and delivering expert IT solutions, CTC Global Singapore has become the preferred IT outsourcing partner for businesses across Singapore.

PARTNER

Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

PARTNER

HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

PARTNER

IBM is a leading global hybrid cloud and AI, and consulting services provider, helping clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,800 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently, and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity, and service. For more information, visit www.ibm.com