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Vaccine delivery to fraud detection: Here are some blessings of blockchain

From vaccines to chit funds, blockchain technology is helping streamline delivery and root out slippages and fraud

Blockchain is a list of records or transactions, similar to a ledger, that keeps growing as more entries are added
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Blockchain is a list of records or transactions, similar to a ledger, that keeps growing as more entries are added

Sai Ishwar
  • In 2018, nearly 1.2 million vaccines were transported from Arunachal Pradesh’s capital Itanagar to 11 districts in the state, overcoming all the supply chain issues with nearly 100 per cent accuracy.
  • In Telangana, the government's flagship initiative, T-Chits project, has minimised auction-rigging and other common forms of manipulation in over 800 chit funds.  
  • More than one million farmers have signed up for the Indian government’s online agri-marketplace through Common Service Centres (CSCs) in five states to enable trading at fair prices transparently.

All this has been achieved by using one technology — blockchain, which has been emerging independently after its long-association with