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(GIST OF SCIENCE REPORTER) Vishvasya-Blockchain Technology Stack

(OCTOBER-2024)

Ministry of Electronics and Information Technology (MeitY) recently launched Vishvasya-Blockchain Technology Stack.

The Vishvasya-Blockchain Technology Stack to offer Blockchain as a Service with a geographically distributed infrastructure designed to support various permissioned Blockchain based applications.

MeitY, with the vision to create trusted digital platforms, initiated National Blockchain Framework (NBF) for promoting research and application development, facilitating state of the art, transparent, secure and trusted digital service delivery to citizens.
National Blockchain Framework technology stack is architected with Distributed Infrastructure, Core Framework functionality, Smart Contracts & API Gateway, Security, Privacy & Interoperability and Applications development offering Blockchain as a Service (BaaS).
NBF currently supports two ,Vishvasya and NBFLite permissioned Blockchain platforms and is extensible. The Technology Stack is hosted on geographically distributed infrastructure at NIC Data centers i.e. Bhubaneswar, Pune, Hyderabad.

NBFLite, a Blockchain sandbox platform, is developed especially for startups/academia for rapid prototyping of applications, carrying out research and capacity building.
These technologies have been developed by collaborating efforts of C-DAC, NIC, IDRBT Hyderabad, IIT Hyderabad, IIIT Hyderabad and SETS Chennai under the MeitY support.

National Blockchain Framework would play an important role in enabling security, trust and transparency for various citizen centric applications.
Stakeholders should aim to position India as a global leader in blockchain technology and proliferate the developed solutions for Global adoption, leveraging it to drive economic growth, social development, and digital empowerment.

Blockchain technology holds immense potential for transforming governance in India by making public services more transparent, efficient, and accountable.
There is a need for scaling the applications on NBF across various states & departments and also suggested to explore onboarding new applications/ platforms/ innovative components on the NBF stack.

The objective of initiating NBF is to develop an extensible framework with Blockchain technology stack on distributed infrastructure towards addressing the challenges such as need for skilled manpower towards building Blockchain based applications, vendor lock-in and research challenges related to security, interoperability, performance and other aspects.
NBF is a consortium mode effort towards addressing research challenges and harnessing the benefits of the technology to develop applications in association with Government organizations. A number of patents and research publications are generated as part of this initiative.

Vishvasya, the National Blockchain Technology Stack, facilitates in enabling trust by developing new types of distributed software architectures, capable of finding consensus on their shared states and providing a single source of truth.
Vishvasya, through its Blockchain as a Service (BaaS) model, provides security assurance of various Blockchain components across the stack.
It reduces the need for skilled human resources and enables technological support to organizations in developing and deploying Blockchain applications.

Vishvasya BaaS addresses the challenges of Blockchain adoption across various stakeholders including Infrastructure Providers, Smart Contract Developers and Application Developers.

The National Blockchain Portal is developed on the theme based on Content Management System to manage the contents related to the National Blockchain Framework initiative.
It contains information related to the current Blockchain News, latest Articles, Events, Conferences, Education & Training, Success Stories thereby providing the viewers with the latest updates on Blockchain trends.