As the federal government of India strikes in the direction of implementation of Web3.0 know-how, it appears ‘e-governance’ is one such space of focus, with it reframing insurance policies round it. Recently, the federal government of Maharashtra led by the Gadchiroli district administration(Etapalli subdivision) issued caste certificates to its residents that are cryptographically anchored POS blockchain through LegitDoc, a software program which works over a blockchain-based system stopping it from safety breaches and finances constraints. “India is moving towards originality and authenticity regarding information and data. The district has an overall population of over 1.1 million. ). The percentage of scheduled castes and scheduled tribes community population that resides in the district is 11.25 % and 38.7 % respectively ( as per Census 2011),” Shubham Gupta, assistant collecter, Etapalli (Gadchiroli)”, advised FE Digital Currency.
The Internet has developed from Web 1.0 to three.0 and this technological development permits using semantics but additionally area, photos, and conventional static internet remodeled into an interactive one. “The sub-division office Etapalli has taken up the task of running 65,000 caste certificates through the blockchain system. This was a pilot project for blockchain adoption. The caste-based certificates are mandatory to access government-funded schemes,” Gupta acknowledged.
As per trade specialists, blockchain permits the safe switch of knowledge, property, and cash with out a third-party middleman. In that perspective, it’s believed that blockchain is significant in strengthening the picture of authorized framework of e-governance.
“Social benefits and opportunities of participating in the Web3.0 ecosystem are starting to crystalise. The blockchain system consists of an Issuance DApp (decentralised applications built on top of public blockchains) that combines all the hashes belonging to a certificate together to make a single hash which is stored on the Polygon POS blockchain. Upon the successful upload of the final hash (for each certificate) on the blockchains returns transaction data. The caste certificates can be issued to citizens via common service centres,” he added.
The time period, ‘Web3.0’ was coined in 2014 by Ethereum co-founder Gavin Wood, and the thought gained curiosity in 2021 from cryptocurrency fans, giant know-how corporations, and enterprise capital companies.
Source: www.financialexpress.com”