civil services chronicle magazine
civil services chronicle magazine
civil services chronicle magazine
Published this article page no 150 Applicability in diverse domains
Blockchain can be used in both Permissioned and Permissionless models. These
models have applications in various domains such as education governance
finance & banking healthcare logistics cyber security media legal power
sector etc. Examples of potential applicationsEGovernance This technology can
effectively be used in situations where multiple organizations or departments
are involved in a particular workflow which not only makes the underlying
system more efficient but also brings trust transparency and accountability in
the system. o This includes Property Record Management Digital birth death and
education certificates Management etc. Blockchain Models PublicPermissonless
PrivatePermissioned Anyone can join read write and commit Only authorized
participants can write and commit All are allowed to participate in consensus
and anonymous resilient Authorized nodes only can participate in consensus
Truly decentralized because of participation of unknown actors Partially
decentralized because of participation of known actors Finality of transaction
could take longer time due to more number of participants Finality of
transactions could be better in this model due to less number of participants
83 o For eg UAE through Smart Dubai initiative aims to become the first city
fully powered by Blockchain by 2021 and enhance everything from healthcare and
education to environmental sustainability. o Keyless Signature Infrastructure
(KSI) technology is used in Estonian government to prove the authenticity of
the electronic records civil services chronicle magazine buy.
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