Vishwasya Initiative: Promoting Trust and Transparency

NATIONAL BLOCKCHAIN FRAMEWORK: VISHWASYA INITIATIVE

1. What is the ‘Vishwasya’ initiative?
‘Vishwasya’ is a blockchain-based framework introduced by the Indian government to promote trust and transparency in public records and databases. It is part of the National Blockchain Framework aimed at leveraging blockchain technology to secure data and decentralize information storage.

2. What are the main aims of Vishwasya?
The initiative seeks to establish trust and transparency in public records, such as legal documents, land registries, and government databases. It aims to provide a secure and tamper-proof system for managing sensitive data and enhance the accountability of public systems.

3. What are the benefits of this framework?
• Increased Security: Blockchain technology ensures that data is decentralized and tamper-proof, making it difficult to alter records without detection.

• Transparency: The system tracks changes made to public records, ensuring that any modification can be traced to its source.

• Trust in Public Records: By decentralizing records, it ensures the authenticity and integrity of critical documents such as court records, land titles, and government-issued certificates.

4. Who can benefit from this initiative?
Startups, industries, and government agencies working with sensitive data can benefit from this initiative. The framework will support applications like judicial records, land transactions, and government services, helping both the public and private sectors.

5. How does this framework support blockchain startups?
The Vishwasya initiative will create infrastructure and development support for blockchain-based startups. It encourages innovation by offering decentralized and secure platforms for various industries, including legal, agriculture, and finance.

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