UTILIZING BLOCKCHAIN
TECHNOLOGY IN INDIA'S PSU
SWAPNIL SAURAV

What is Blockchain?
How is it so secure?
Why should we adopt?

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BLOCKCHAIN IN INDIA
India is at a cusp of technological revolution, taking strides in adoption and implementation of new technologies. The
government’s thrust on digital transactions, easing business processes and enabling transparency, is opening new
doors for innovation and deployment of exponential technologies. As the impact of disruptive digital forces become
visible, blockchain as a technology has found traction across the spectrum, within the industries and the government.
Seeing the growth of increase in blockchain adoption globally, Indian policymakers too have taken cognizance of its
potential and are exploring this distributed ledger technology in multiple domains such as asset registration,
recordkeeping, benefit transfers, and so on. State governments are collaborating with start-ups and technology giants
to develop proof of concepts and pilots. The Government of Maharashtra too has been evaluating this technology for
applications in e-governance. As this trend continues, the public sector may leapfrog into a new era of digital
management.

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