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Author Topic: blockchain development  (Read 413 times)
akshaylamba (OP)
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May 28, 2016, 06:55:57 PM
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Hi


i had a Thought  in my mind while studying C++ and Blockchain Theories ....for making a Project of Blockchain which can be used in Country like INDIA or any emerging nation..... I Propose a Blockchain System in which all the Financials , Taxation , Budgets  , Supplychain  everything comes into blockchain.....

very Confusion ....Let me explain. ?

Today We all live in a world which is based on software which are quiet centralised in natures ...like Banks , Big Companies databases regarding their performance , Profit/Loss . Today Owners  can Easily Manipulate  Databases in order to make things look rosy...Like bank Manipulating their NPA data / Loan Default data , TXNs data , Big/ Small Companies Manipulating their Profit data in order to make taxes and Shareholder in Line.....Gov. Manipulating almost all the data starting from DEBT / Deficit    , Employment ,  Tax Collection, Gov. Plan Implementation Status etc....Apart from this Transparency in Goods Supply Chain is also not Present ...We can easily be Counterfeited in the case of Goods  like Medicines , Jewellery  etc...There is No Backend Transparency in this case....apart from this Extras efforts are taken in order to reconcile data between two entities ...

Think of  a System under which Every Product Manufactured in the country are Listed with complete Specification on the blockchain along with it's Manufacturing History logs before coming to the market, Every Business..... be it small or big or be it banks ......work on blockchain in Order to eradicate Frauds. Self Reconciling systems can be built along entities , Work faster and More Productively .

Actually this is an Automated Process , Hence Government can reduce there Head count by removing or allocating people to more productive jobs.


INDIA is Prone to Black Money and People here at INDIA evade Taxes ...This can be Stopped Completely..Faster reporting and More over Data is Available to each and Every Person .  We can Connect Some Enew Papers/Website/Wikis with the blockchain which Publishes Details about Bad Consensus  of the participants like Details Related to Tax Evasion  , Bad and sub-standard Goods on to the market , Details Regarding Accounting manipulations , details regarding Banks/Companies Health.....BUT this shall be REALTIME.   Most of the data are available or can be found out in some of the other way in todays system .....but the Time it takes to get published is horribly high....THIS increases the risks & we have been seeing that.


More over we can use Crop Insurance , land registry etc under the same hood.....Thinks of a System which is self transparent , work only  in append only mode , you do not need rely on a gov / Company / Individual to be a Honest Entity. The System has Force him to become......

....  The Above Idea is just the Basic One......I am Working on a extensive one ....By the time Let me know your Views ....
 


 
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