systems easier and CI/ CD build processes faster and seamless, support for
cross-network interoperability and cross-blockchain atomic swaps, and a
governance framework.
Detailed privacy controls over data, smart contract execution, transaction
visibility, improved network monitoring, SLA monitoring, warehousing
transaction history data enhance security and analytics. The maj or players in
this domain—
Microsoft Azure, Amazon Web Services (AWS), IBM Cloud,
and Oracle Blockchain are listed. Businesses use blockchain to digitize
workflows they share with other organizations with blockchain workflow
applications.
Also, the discussed topics are supply chain track and trace, blockchain service
providers, ISO standards, and use cases.
The National Strategy on blockchain—
toward enabling trusted digital
platforms developed by the MeitY Government of India, December 2021, is
described to depict the initiatives of the Government of India in the usage of
blockchain technology.
Keywords
BaaS: For companies in the business of building blockchain applications, the
third-party creation and management of cloud-based networks is Blockchain-
as-a-Service.
Platform: The platform offers operational resilience, pluggable consensus,
broader off-chain data storage capabilities, and adaptors to allow for SQL-
based ledger queries.
Interfaces Enterprise Integrations, Robust Oracles, Integration with GraphQL,
Identity Federation, Built-in privacy, and Permissioning features are included
in interfaces.
Infrastructure and network: The capabilities of infrastructure and network
include the ability of maintaining peak performance at the network level, the
ability of scaling and reducing the network size on-demand, making
integration with existing IT systems easier, and making CI/ CD build processes
faster and seamless the tools of DevOps, cross-network interoperability and
cross-blockchain atomic swaps support, and governance framework.
Security and analytics: It enables detailed privacy controls over data, smart
contract execution, transaction visibility, improved network monitoring, SLA
monitoring, and Warehousing transaction history data.