Blockchain technology is progressing toward the cutting edge in myriad applications -- cross-border transactions are getting settled real-time already, leading to a bunch of advancements in financial services.
With its fast-paced growth in applications, can blockchain lend itself to good governance? In its own way, India has already taken the lead. From updating land records to creating digital repositories, a concerted effort toward digital transformation with blockchain at the centre of it all is already afoot.
Consider this: Tamil Nadu had set up a Rs 40 crore blockchain-driven framework that can be used by government departments to modernise their legacy platforms and extend citizen services on a secure, encrypted ledger with zero downtime, meaning raw data is sufficiently encrypted to scrub it clean of user data or identities. E-governance centres in the remotest villages are beginning to use interfaces–with blockchain-led backend services–to access services such as birth...
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https://economictimes.indiatimes.com/news/india/from-data-storage-to-governan...
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