The Ministry of Electronics and Information Technology (MeitY) has launched Vishvasya, a Blockchain-as-a-Service (BaaS) platform, alongside several other blockchain-based solutions.
About Vishvasya (BaaS):
- Vishvasya is a Blockchain-as-a-Service (BaaS) offering that provides a geographically distributed infrastructure to support various permissioned blockchain applications.
- It allows companies to build and operate blockchain apps by offering third-party cloud-based infrastructure and management services.
- Vishvasya’s infrastructure is hosted across three data centers located in Bhubaneswar, Pune, and Hyderabad.
Key features of Vishvasya include:
- End-to-end security-audited application development and deployment for permissioned blockchains.
- Security-audited containers that are ready for production setups.
- Blockchain-specific security guidelines and best practices.
- Geographically distributed setup to ensure redundancy and scalability.
- Framework augmented with comprehensive documentation for easy onboarding of stakeholders.
- Introduction of NBFLite, a lightweight platform designed for rapid prototyping, research, and learning, especially for startups and academia.
Applications of Vishvasya BaaS:
- E-Stamps Solution
- Judiciary Application
- IPS Officers Training Record Management
- Forensic Applications
- Consent Management Framework
- IoT Device Security Management
- Cotton Bale Identification & Tracking
- Domicile Certificate Chain and other document-related chains like Caste Certificate Chain.
About National Blockchain Framework (NBF):
- The National Blockchain Framework (NBF) aims to provide reliable and scalable digital platforms by utilizing blockchain technology.
- It is part of the National Strategy on Blockchain, focusing on integrating blockchain solutions into sectors like health, agriculture, finance, and education.
Key elements of NBF:
- Distributed infrastructure hosted across multiple data centers.
- Core framework functionality, including smart contracts and API gateways.
- Security, privacy, and interoperability features built into the framework.
- Currently supports two permissioned blockchain platforms with plans for further expansion.
- Launch of additional blockchain solutions like Praamaanik, which verifies the origin of mobile apps.
Ref: Source
UPSC IAS Preparation Resources | |
Current Affairs Analysis | Topperspedia |
GS Shots | Simply Explained |
Daily Flash Cards | Daily Quiz |
Frequently Asked Question:
What is Vishvasya Blockchain-as-a-Service (BaaS)?
Vishvasya is a BaaS offering providing secure, cloud-based infrastructure for developing and operating permissioned blockchain applications.
Where are Vishvasya’s data centers located?
Vishvasya’s data centers are located in Bhubaneswar, Pune, and Hyderabad.
What is Blockchain-as-a-Service (BaaS)?
Blockchain-as-a-Service (BaaS) is a third-party service that helps businesses develop blockchain applications by providing cloud-based infrastructure and management tools.