The Institution of Engineering and Technology contributes to the Ministry of Electronics and Communications’ National Strategy on Blockchain

The Institution of Engineering and Technology (IET) India has been recognised as one of the contributors to the Ministry of Electronics and Communications’ National Strategy on Blockchain, which was released on December 3, 2021. The policy includes inputs from the IET future tech panel / eight volunteers from IET in the areas of healthcare, smart cities, cybersecurity and standards to feed into this important strategy document for India.

Commenting on the same, Anitha Kaveri, Head-Sectors and Special Projects, IET India adds, “It is a proud moment for IET as an institution to be recognised in this way. Blockchain technology has so much to offer; in the e-governance domain, use of Blockchain technology ensures vigilance, transparency, and possibly avoids insider attacks on critical data related to governance matters. The key characteristics of e-governance are trust and accountability, which are well supported by Blockchain technology.”

The Policy received numerous inputs and feedback from various stakeholders, including industry, government departments/societies/R&D labs, individuals, banks, start-ups, and so on. The goal of this policy is to create a keen and trustworthy collaborative digital ecosystem that will provide a like-minded, tamper-proof, transparent, and open framework for providing eGovernance services to citizens and businesses by involving multiple organisations in a participating environment while ensuring trust, security, track and trace, integrity and regulatory compliance.