National Blockchain Framework: Components and Use Cases
Why in the news
The government highlighted how blockchain now serves transparency and trust in public services, beyond cryptocurrencies.
Key facts
- Budget ₹64.76 crore; launched September 2024.
- Blockchain: a distributed, immutable ledger; types are public, private, consortium and hybrid.
- Vishvasya runs on NIC data centres in Bhubaneswar, Pune and Hyderabad.
Components
| Component | Role |
|---|---|
| Vishvasya Blockchain Stack | Indigenous modular platform with BaaS and open APIs |
| NBFLite | Sandbox with smart contract templates |
| Praamaanik | Verifies mobile apps against fraud |
| National Blockchain Portal | Central hub for adoption |
Use cases
- Over 34 crore certificates and documents verified; over 34 crore property documents verified.
- Karnataka’s Aushada medicine supply chain; 665 judiciary documents and 39,000 ICJS records.
- RBI’s Digital Rupee pilots; NSDL’s debenture covenant monitoring; TRAI’s SMS tracking.
Capacity building
- PG-DFBD (900 hours), C-DAC’s BLEND and FutureSkills PRIME courses.
Way forward
- Land records, blood banks, GST and PDS are emerging uses, fitting Digital India.
Exam angle
- Terms: BaaS, DLT, smart contract.