- India’s Ministry of Electronics and IT launches the Blockchain India Challenge.
- As the challenge encourages startups to develop scalable, field-ready blockchain applications in multiple sectors
India moves ahead in its blockchain adoption as the Ministry of Electronics and IT (MeitY) has launched the Blockchain India Challenge to promote innovative blockchain solutions for improving government services across key sectors.
According to the press release published on February 24, the Blockchain India Challenge was unveiled by S. Krishnan IAS, Secretary, MeitY, on 23rd February at New Delhi, with various senior officials from MeitY and Centre for Development of Advanced Computing (C-DAC). As other startups and other government officials were also there during the event.
The press release mentioned, “The Blockchain India Challenge is a national initiative aimed at encouraging visionary Indian startups to pitch & pilot cutting-edge Blockchain-based digital governance solutions.” Which is implemented by C-DAC with the support of MeitY.
The program majorly focussed on creating permissioned blockchain systems that put regulatory control, security, and trust first for government applications. With that, it also aims to address important governance and service delivery issues in a variety of industries, including public distribution, e-procurement, supply chain management, education, healthcare, agriculture, power, IoT, land records, and ecological sustainability
Startups to Pilot Blockchain in Key Sectors
As per the press release, the listed sectors are just examples, and startups are encouraged to propose blockchain solutions in other areas as well, provided they collaborate with the relevant government departments
Further, the Secretary MeitY discussed how blockchain technology could improve the effectiveness, transparency, and verifiability of government services. He urged the MeitY and C-DAC teams to actively promote the Blockchain India Challenge among startups so that more teams participate, and the goal is to develop practical, ready-to-use blockchain solutions for government departments that can eventually be expanded and used across India.
In addition, the press release noted that DPIIT-recognized companies collaborating with government agencies will be eligible for stage-wise financing support as part of the challenge framework. The program’s goal is to assist the creation of ten significant blockchain-based solutions for ten distinct governance categories.
Parliament Debates Blockchain Use
The Blockchain India Challenge was introduced at the same time that the Parliament began to examine blockchain more and more. Punjabi MP Raghav Chadha demanded earlier this month for a National Blockchain Property Register for land and property records, also to legalise Virtual Digital Assets with clear regulations during a Rajya Sabha discussion on the Union Budget for 2026–2027.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
US Crypto Spot Market Share Rises from 8% to 15% Over the Past Year
Gate News, March 17 – US crypto exchange spot market share has risen from 8% to 15% over the past year, with BTC on-chain liquidity deeper and growing faster than multiple offshore platforms. Data shows that improved institutional access, ETF demand, enhanced compliance, transparency, and operational resilience are the main reasons for the flow of market share back to US markets.
GateNews24m ago
Arbitrum Releases 2025 Transparency Report: Cumulative Transaction Volume Exceeds 2.1 Billion, Total Value Locked at Approximately $20 Billion
Arbitrum Foundation has released the 2025 Transparency Report, showing that traditional finance is accelerating its on-chain business deployment. The ecosystem now includes 189 collaborative projects, with a transaction volume exceeding 2.1 billion transactions and a total value locked of approximately $20 billion. The on-chain RWA scale has surpassed $800 million. At the same time, the foundation is promoting infrastructure upgrades and revenue growth.
GateNews30m ago
TON Strategy Company will hold a 2025 Q4 and full-year earnings conference call on March 31st
Gate News reported that on March 17, TON Strategy Company (NASDAQ: TONX), a digital asset treasury company, announced that it will hold a conference call on March 31, 2026 at 9:00 a.m. Eastern Time to discuss its financial results for the fourth quarter of 2025 and the full year ended December 31, 2025. The relevant financial data will be released in the form of a press release prior to the conference call.
GateNews1h ago
Pump.fun Meme Coin Weekly Graduation Rate Rises to 2.01%, Reaching New High Since July 2025
Gate News reported that as of March 17, according to Dune data, Pump.fun's Meme token graduation rate for last week (March 9-March 15) rose to 2.01%, marking a new high since July 2025. Meanwhile, since the final week of February, Pump.fun's weekly Meme coin graduation rate has rebounded to above 1%.
GateNews5h ago
Ethereum Foundation Releases New Charter: Maintains Decentralization Principles, Institutional Strategic Direction Sparks Debate
The Ethereum Foundation published a new charter on March 17, clarifying its role as a neutral coordinator committed to maintaining decentralized infrastructure and promoting the long-term development of the ecosystem. The announcement has sparked extensive discussions about leadership and institutionalization, with some industry insiders questioning the lack of specific implementation plans, while supporters believe it will help preserve network neutrality and foster innovation, highlighting Ethereum's balancing act between decentralized governance and institutional development.
GateNews6h ago
Citi: The Hong Kong stablecoin market could reach a size of up to $16 billion
Citibank's analysis report indicates that, drawing on the experience of mainland payment institutions, Hong Kong's stablecoin market could reach $16 billion, with further upside potential driven by monetary growth and offshore demand. The Hong Kong Monetary Authority will announce the first batch of stablecoin issuance licenses.
GateNews7h ago
