BlockChain technology Flashcards
Define Blockchain
Decentralized public ledger, store data in blocks linked with a chain
BlockChain Diagram
Advantages
Accountability, Transparency, Efficiency in Governance
Decentralisation- reducing manipulation
Immutability
Security using encrypted algorithms
Innovation
Cross Border payments, Logistics, Election voting
Disadvantages
Scalability
Energy consumption
Illicit activities
Irreversible
Recent government Initiatives
National Blockchain Portal
Vishvasya - Blockchain technology stack
What is the name of India’s Blockchain technology stack
Vishvasya
What is Vishvasya?
India’s Blockchain technology stack
Goal of Vishvasya tech stack
Offer Blockchain-as-service with geographically distributed infrastructure
Which tech stack is offering Blockchain-as-service with geographically distributed infrastructure
Vishvasya
5 keywords related to BlockChain in Governance
Accountability, Transparency, Efficiency,
Decentalization,
Citizen centric
