News on Blockchain Technology

New Delhi: Niti Aayog, the government's premier policy making body, is exploring the use of blockchain technology in legally approved areas such as education, health and agriculture.

A 'proof of concept' is being prepared at the Aayog to leverage the use of this technology in key sectors, a senior government official told ET. "It is a safe system for document verification and hence can be adopted in sectors like education, health and agriculture," said the official, who did not w ..

This allows the participants to verify and audit transactions inexpensively. The Aayog, set up in place of the erstwhile Planning Commission three years ago, has tried to bring high-end technology to key social sectors while giving policy directions in energy sector though its National Energy Policy or the electric vehicle mission. It introduced and popularised the concept of Atal Tinkering Labs or incubation centres across several schools in the country to encourage innovation among students.

A short nice little read I saw earlier.

Steem on guys and gals. =)

Dojaa =)