‘Blockchain’ has emerged to become a potentially transformative force in multiple aspects of
government and private sector operations. Its potential has been recognized globally, with a variety
of international organizations and technology companies highlighting the benefits of its application
in reducing costs of operation and compliance, as well as in improving efficiencies.
The document analyses the value of blockchain in facilitating trust in government and private sector
interactions, followed by considerations when evaluating a blockchain use case for implementation,
possible challenges and lessons from NITI Aayog’s experiences in blockchain implementation
showcases potential use cases that the ecosystem may consider.
Index:
1.
INTRODUCTION
2.
BLOCKCHAIN:
THE NEW TRUST PARADIGM
3.
THE BLOCKCHAIN
NECESSITY FRAMEWORK
4.
CHALLENGES IN
BLOCKCHAIN IMPLEMENTATION
5.
BLOCKCHAIN
USE CASES
6.
WAY FORWARD
7.
APPENDIX I:
BLOCKCHAIN EXPLAINED