Click here to read our earlier article on Blockchain Technology: https://www.manifestias.com/2019/02/08/1863/
National Informatics Centre (NIC) has set up the Centre of Excellence (CoE) in Blockchain Technology in Bengaluru, Karnataka
It aims to provide Blockchain as a service and allowing all stakeholders to benefit from shared learning, experiences and resources
Features and benefits of CoE in Blockchain Technology
- The CoE has developed Blockchain-based Proof of Concepts (PoCs) for select government use cases to understand the potential benefits provided by this emerging technology.
- New and previously unforeseen applications of Blockchain in the Government are expected to enhance transparency, traceability and trust in e-governance systems.
- The Centre of Excellence will facilitate the Government Departments in building proof of concepts for use of Blockchain technology in different dimensions of governance leading to large scale deployment of such applications.
- With National Informatics Centre (NIC) providing a robust and agile infrastructure, the CoE shall also provide Blockchain as a Service (BaaS) for efficient hosting of Blockchain network.
Blockchain technology is upcoming & niche technology and adoption of the same in sectors such as health, finance, agriculture and various other sectors would aid the government in implementing various programmes and provide trust and immutability to the assets.