On 31st night, the new years’s eve I along with my colleagues had an amazing time during the entire night. We were surrounded by an indescribable silence.. it was chilling cold. We decided to lit the bonfire in one of the the left infested jungle in Chattisgarh..
The entire night was wasted as there were no ambush at all so as we apprehended. I was busy with sharpening one of my most trustworthy friend.. My Khukri!! The picture credit goes to Sukbir Thapa
And finally last week with god’s grace we caught hold of few “Desi rifles” from a staff room of a school building..and hopeful to get more of such small successes in the upcoming years..
Here I was checking the range and some random pictures were clicked.. After this we had a meeting with our superior authorities regarding promoting better governance and law and order situation. In this meeting the word BLOCKCHAIN was used several times and I believe its going to applied soon in elections and other public distribution services..
I being a complete non tech savvy got into real trouble while discussing the same with private IT sector officials and with my immediate seniors. There was a time when my friends used to handle my FB, and Email accounts but not anymore. I still remember that, one day I was standing with the girl whom I loved in a bus stand where I asked her that what is .exe files and I’m still waiting for her explanation !!
Anyways here is my novice attempt to write what blockchain is all about in the simplest way.. The objective is that those who belong to my genre would learn about it and those who are well more informed about technology may polish my understanding ..
Blockchain has been a buzzword for some time now. In addition to private companies and banks, it has attracted from within the government. It is a new data structure that is secure cryptography based and distributed across a network. It supports crypto-currencies and transfer of any data or digital asset. The present blockchain ecosystem is like the early internet, a permission-less innovation environment in which Email, World Wide Web, Skype, Napster, and Uber were built.
It can be thought as a public account ledger, an immutable, transparent and permanent one. Each transaction is recored,and stored in the ledger that is out on a Public bulletin board.Every transaction adds a block to the chain of transactions and each of is evaluated by every user based on algorithms they have agreed upon. Rather than being kept in a single location, a copy of the blockchain is stored on every user’s server so that users cannot alter it without other users finding out.
Hence , the blockchain technology allows transactions to be-
- Peer to peer
It does this by distributing TRUST from powerful intermediaries to a large global network
How blockchain can be used in public administration?
Blockchain has the potential to optimize the delivery of public services, further India’s fight against corruption, and create considerable value for its citizens.
- By maintaining an immutable and chronologically ordered record of all actions and files (“blocks”) linked together(“chain”) in a distributed and decentralized database, Blockchain creates an efficient and cost-effective database that is virtually tamper-proof. By doing so, blockchain promises to create more transparent, accountable, and efficient governments.
- In addition to creating a more efficient government, blockchain can also help create a more honest government. A public blockchain, like the one Bitcoin uses, records all information and transactions on the decentralized database permanently, publicly, and most importantly, securely. By allowing governments to track the movement of government funds, blockchain can hold state and local actors accountable for any misappropriations.
- Blockchain not only deters corruption through accountability, but it can also do so by bypassing the middleman entirely.
- Earlier this year, the World Food Programme began testing blockchain-based food and cash transactions in Pakistan’s Sindh province. Refugees in Jordan’s Azraq camp are now using the same technology, in conjunction with biometric registration data for authentication, to pay for food.
- With Aadhaar cards becoming nearly ubiquitous in India, adopting blockchain could be the next logical step in India’s pursuit of becoming a digital economy. Blockchain can play an important role in storing individuals’ data, helping conduct secure transactions, maintaining a permanent and private identity record, and turning India into a digital society.
Blockchain is still a (relatively) new technology and is not without its problems. For a start, there are ongoing concerns about privacy in the settlement and storage of securities.
Blockchain providers are working hard to address this issue. Banks are also at threat with blockchain, since more and more firms (using their IT service providers from India and elsewhere) will build systems that can create and exchange ‘blocks’ with one another completely legally, without ever having to use the banks as a financial intermediary.
Blockchain, however, is not a panacea. While it can help enhance the delivery of government services, it cannot replace an inefficient system. Although it can deter corruption by making governments more accountable and transparent, it cannot prevent the entering of false information into the network. Yet, it presents the government with a powerful opportunity.
By embracing blockchain, it can create a bureaucracy that focuses on innovation and experimentation, a government that seeks to maximize efficiency and governance, and an economy sustained on the promise of technology. Blockchain’s applications in the public sphere, however, have yet to catch the eye of the Indian government. This is baffling; the technology is not only promising, but has even begun to be utilized by governments global..
Loads of love and respect for my love..I wish you and everyone a happy new year.. I’m sorry for being late.. I hope she will read it someday.. All my prayers and wishes will always remain for you !!