Blockchain Technology

Excerpt/Sample:

Why in News

Recently a document prepared by Ministry of Electronics and Information Technology named Nation Strategy on Blockchain has recommended using the Blockchain Technology for E-Governance.

Background

Satoshi Nakamoto in 2008 invented the Blockchain Technology for use in the cryptocurrency Bitcoin as its public transaction ledger. The aim of this invention was to remove any third party interference and create a decentralized ledger which would allow its users to have complete control over their own money.

 

GRAND OFFER –

To download all synopses for free, buy our annual membership product
(BEST VALUE OFFER – Download all synopses for free)

OR buy individual synopsis.

500 Synopses to be uploaded before May 2022

IASSynopsis.com – Best Site for Topic Wise UPSC Prelims & Mains Preparation.

Subject

Prelims / Mains?

, ,

UPSC Mains Paper