Blockchain for Real World Applications

Preface

The “Tragedy of the Commons” is a long-held belief that people cannot serve their personal interest and the common good simultaneously. Holding to this concept, millions of people worldwide continue to scavenge for basic necessities in the absence of formal identity, despite incomparable technical advancements.

Identity is the nucleus of all human endeavors across the globe, including education, jobs, banking, finance, health care, business, e-commerce, national security, etc. Nevertheless, 1.1 billion people worldwide have no proof of identity, and 45% of those without an identity are among the poorest 20% on the planet. This problem overly affects children and women in rural areas of Asia and Africa. Given this, the author came up with the current concept for an all-inclusive ID in 2016 and originally called it “Generic Information Tracker” (Dainik Bhaskar, 2016). During the platinum jubilee celebrations of the Council of Scientific and Industrial Research (CSIR) at Vijnana Bhawan, New Delhi, India, the author discussed his concept with Mr. Narendra Modi, the prime minister of India. Mr. Modi praised the author’s work and encouraged him to develop the idea for India Vision, 2020.

After working through the complexities, the author presented the breakthrough to scientists, corporate stalwarts, and policy makers at the India International Science Fest, 2016. The author was honored with the Young Scientist Award by the Ministry of Science and Technology, Earth Science, ...