Blockchain

Indian IT minister asks NIC for Blockchain

Indian telecom minister Ravi Shankar Prasad has reached out to the National Informatics Centre (NIC) and requested them to improve the quality of public schools using blockchain technology, according to the Press Trust of India.

“I am very keen how we can leverage blockchain in primary education. In fact today I am going to give you a task, NIC team. Can you think of a good application of blockchain technology for improving the quality of government schools all over the country? Public schools are good, private schools are good but my take would be that we shall be able to leverage technology when transformational change takes place,” Prasad said.

Prasad made the statement during the inauguration of Centre of Excellence (CoE) in Blockchain Technology by NIC in Bengaluru.

The minister requested the NIC to additionally include startups in this initiative. He emphasized on the potential of blockchain era in each private and public sectors and referred to as for the technology’s implementation in agriculture, health, and primary education to call a few.

“India is home to close 26,000 startups, of which 9,000 are tech startups. NIC can become a big patron of the startup movement. I recommend that the Centre and state governments must open doors,” he added.

The NIC recognizes the importance of blockchain in the government. Its CoE has developed blockchain proof-of-concepts (PoC) for select government use cases. The NIC said that the CoE on blockchain will help government departments in developing PoCs for the use of technology in”different dimensions of governance” which will help drive the large-scale deployment of some such applications.

Meanwhile, the Indian Supreme Court decided to delay the hearing against the Reserve Bank of India (RBI) after the latter banned crypto banking in 2018. The court was flooded with appeals from the public asking it to reconsider the prohibition because they deemed it unconstitutional.

“The best part is that the court is willing to hear the matter, the court has not adjourned the matter, it has only passed over [it] I think it’s a very good sign, the court is willing to give both sides a fair chance to present their arguments,” said Kashif Raza, co-founder of Crypto Kanoon.