Niti Aayog Signs Statement Blockchain Application

Projects related to Blockchain have a huge demand for India. Every company seems to be working on these projects. There are also some organizations that take action in this field, the government thinks the principles of ethics

There are many projects in its pipeline and representatives have said many times, that in the next two years, the revolution in the blockchain technology in India.

Recently, the company said it is working on its pet project, India, a nationwide blockbuster infrastructure platform that works inside the country, will be game changers for all government agencies, departments, ministries, and private companies. It has announced that it has developed the platform, it is almost ready for launch and the government plans to launch it in the pattern of the UPI.

Along with this, it is also working to build Blockchain with Andhra Pradesh which will digitize land records to remove red tapeless and corrupt corruption.

Jaya Chowdhury, Special Chief Secretary and IT Advisor of the Andhra Pradesh Chief Minister last month, said, "Niti Aayog and my friends are trying to work together on my behalf. From all levels, we have to take this platform forward, we have to build manpower on our blockchain and lots of early entrepreneurs. Opportunity should be created. I tell you why the Andhra Pradesh government has blocked Blockchain Said: In fact, the digital implementation of the most important state in the AP. "

On Friday, the policy was announced, "Niti Gujarat Statement of Intent (SOII) statement with Narmada Valley Certifications and Chemicals Limited (GNFC) for implementing 'proof-based' concept of blockchain technology for fertilizer security, it is subsidized, automatic and effective There is the possibility of real-time.

According to the portal, Nuj.com, the fertilizer produces around 31 million metric tons of fertilizer throughout the country, where subsidy distribution is about 70,000 crore in production units.

Subsidy delivery takes 2 to 3 months because there are multiple agencies involved in the verification process and the process is difficult. In implementing the Blockchain technology, it is expected that delivery will be effective and effective, and subsidy transfers will be automatic and can be created in real time.