• Gartner Predicts that Block Chain would generate $ 3 trillion in new business value by 2030.
• Gartner Predicts- Many new innovative companies will start using Block Chain Technology and at least one business created using Block Chain will be $10 Billion.
• Block chain Identity solutions make a range of activities less susceptible to fraud including Insurance claims, Credit access and Voting.
• By 2030, Block Chain will be used as foundational technology for 30% of customer base.

National Strategy: India’s National Strategy for Block Chain

• Evolve a national Block chain Infrastructure that can be used for development and deployment of block chain applications supported with a sandbox for testing multiple block chain applications.
• Focus on capacity building and skill development.
• Contribute towards creation of IPR.
• Enable Global access to the developed technology and contribute towards development of cross border solutions.
• Contribute towards development of national and global level standards.

Block Chain Models

Block Chain Use Cases

• Healthcare domain-Patient Health Records can be stored in tamper proof manner on national level block chain.
• Role based and privacy enabled access can be given.
• Doctors of any hospital can access patient history when patient approaches them.
• E-Court - Data from Police, Judiciary and legal departments can be stored in National level Block Chain infrastructure.
• Education System- Student’s Certificates ,Scholarship details can be stored in Block Chain Network.

Use Cases for Block Chain

International Scenario

CHINA

• BSN-Block Chain based services Network of CHINA helps companies and individuals deploy Block Chain applications faster and cheaper.
• BSN hosts a number of tools for developers which help in application development majorly focused on smart cities and digital economy.

EUROPE

• European Block chain partnership aims to build European Block chain services infrastructure to meet highest standards in terms of privacy, cyber security and regulation.
• KSI-Keyless Signature Infrastructure has been built by Estonian Government to prove the authenticity of electronic records.

UAE

• UAE has Smart Dubai Initiative which aims to be the first city fully powered by Block Chain by 2021.

US

• Food and Drugs inspection to address the problem of lack of transparency and security in health data processing using block chain.

BRAZIL

• Focusing on Ethereum Platform for developing various applications for voting.

CHILE

• Ethereum platform to enable transparency in Energy Grid.