Several inputs and feedback were received from various stakeholders,

including industry, government departments/ societies/ R&D labs, individuals,

banks, startups, and so on. Based on the inputs and feedback, actionable

recommendations have been identified. Considering the essence of these inputs

and feedback, suggestions are broadly categorized into the following:

The inputs and feedback in the above categories are elaborated below.

Industry

1. To promote entrepreneurial development and involve premier research

institutions, the blockchain technology stack may be collaboratively

evolved by involving various stakeholders from Government, premier

research institutes, startups, and industry.

2. To facilitate and evolve a mechanism for innovation, healthy competition,

and a platform for industry, startups, and academia to contribute to the

National Blockchain Framework (NBF), the industry, startups, and

academia may be supported and incentivized to undertake application-

oriented research and technological grand challenges in the domain of

blockchain technology.

3 . To encourage Public– Private Partnership (PPP), relevant j oint

initiatives may be explored wherever necessary in specific technology

areas/ applications.

4. Mechanisms may be identified to incorporate feedback and involve

industry and other stakeholders.

5 . To provide benefits or incentives for stakeholders, efforts should be made

to utilize existing schemes of the Government, such as Make in India, for

promoting blockchain.

Technology and research and development

1. Advanced research may be focused upon in the domain of blockchain

technology, and various challenges in adopting the technology toward

building a trusted public digital platform may be addressed.

2. There should be more focus on research in the domains of standards and

interoperability, scalability and performance, consensus mechanisms,

security and privacy, key management, secure smart contracts, and