Table 7 .2: Multi-institutional approach for National Blockchain Framework and collaborating
organizations
In conclusion, the National Strategy to evolve a trusted digital platform for
providing e-Governance services using blockchain lays out overall vision and
the development and implementation strategies for a National Blockchain
Platform covering the technology stack, legal and regulatory framework,
standards development, collaboration, human resource development, and
potential use cases. It is hoped that this strategy document would provide the
necessary guidance and support for realizing the vision and creating a
nationwide ecosystem for creating the National Blockchain Platform and
development of relevant applications using this platform in various domains.
MeitY will work with various government organizations and other
stakeholders in implementing this strategy and realizing the various advantages
of blockchain technology in terms of enhanced security, trust, and ability to
ensure tamper-evident transactions. A dedicated team would be identified to
hand-hold the implementers at various central/ state government applications.
Existing services offered by MeitY and other government organizations would
also be on-boarded onto the trusted digital platform.
Conclusion
This chapter provided a vision of the future blockchain trends in the times to
come. As a third-party creation and management of cloud-based networks for
companies in the business of building blockchain applications, Blockchain-as-
a-Service was discussed. The features of BaaS and how Baas works are
detailed. Further discussed is the platform that offers operational resilience,
pluggable consensus, broader off-chain data storage capabilities, and adaptors
to allow for SQL-based ledger queries.
The details of the VMW are blockchain are provided next. We have included
the protocol names that follow consensus models outlined in the chapters, such
as Algorand follows Proof of Stake and newer roles such as Solana,
Avalanche, Cardano, Celo, and Flow. You get to know the maj or players in the
blockchain domain and explain the use cases of blockchain.
Enterprise Integrations, Robust Oracles, GraphQL Integration, Identity
Federation, Built-in Privacy, and Permissioning are among the interfaces
available. Infrastructure and network capabilities include the ability to
maintain peak performance at the network level, the ability to scale and reduce
network size on demand, DevOps tools to make integration with existing IT