A STUDY ON BLOCKCHAIN TECHNOLOGY AS A USE FOR E-GOVERNANCE
In this paper we have Study of Blockchain technology, and find uses of this technology for Government of India for E-governance. Smart contracts, The sharing economy, Crowd funding , Transparency to Elections , Supply chain auditing , File storage, Protection of intellectual property , Internet of Things, Neighborhood Micro grids ,Identity management , Anti-money laundering (AML) and know your customer (KYC) , Land title registration, PDS (Public Distribution System), and MGNREGA (Mahatma Gandhi National Rural Employment Guarantee Act) scheme like many more Blockchain technology are use full for varies applications. Many fraud and corruptions taking place in these various schemes of government, where we are minimize corruptions and fraud by using Blockchain technology. This project focuses on study advantages and disadvantages of Blockchain technology. Blockchain, a technology evolution starting from 2014, offer the capacity to solve these problems. Blockchain is essentially a tool that records every single digital data information exchange and data transformation .every digital event that happen in the digital virtual world are recorded and stored in decentralize network. All type of Blockchain records are open to every Person any one can access this information at any time using internet. For single change in Blockchain need permission maximum node in Blockchain network. When single changes happen every node is updated with new information. This Blockchain survey first explains how Blockchain makes this magic happen and then introduces the block chain’s powerful applications in E-governance.
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