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Blockchain-based Government Services

b) Build a developed and self-sustaining blockchain community.

c) Build a regulatory sandbox for building and employing blockchain

applications.

d) Create an oversight mechanism for a successful rollout, implementation and

adoption of blockchain (Government of Tamil Nadu, 2020).

8.5.3  Draft State Policy – Telangana

The Government of Telangana has conceptualized India’s first Blockchain District,

which will be an actual region within Hyderabad that aims to create the world’s best

ecosystem for blockchain technology.

Vision: To make Hyderabad one of the top ten Blockchain Cities of the world

The draft policy, which sets the strategic direction, is based around four main

pillars.

1. Developing Talent Pool

2. Supporting Infrastructure

3. Promoting Research and Innovation

4. Enabling Collaboration and Building Community

It will also provide incentives to companies developing blockchain products

and delivering blockchain services, as shown in Figure 8.8 (Government of

Telangana, 2019).

8.6  CONCLUSION

New technology is welcomed in the ever-evolving world, as it promises to improve

the existing system and bring efficiency to service delivery, giving satisfaction to

citizens and stakeholders. Blockchain technology in India is at a very inceptive stage;

although large-scale implementations are yet to be seen, they are slowly penetrat­

ing within the industry through pilot testing and use cases. About 50% of the states

in India are experimenting in the field of blockchain, especially its adoption in the

public sector, as it shows an inviting path towards more responsive services, better

operational efficiency and robust data security for its citizens and stakeholders. But,

adoption of new technology like blockchain requires a completely new roadmap that

FIGURE 8.8  Four main pillars of blockchain strategy.