Helping Indian Education Like Never Before!
Promising Transparent and Authentic Services
Reasons for failures in Government School
- Lack of transparency in the allocation of funds towards education schemes.
- Increase in the corruption of Government fund.
- Lack of public involvement in the decision making process.
- Creatinga false databases and very complex system to get the complete audit of government spendings.
How We Aim To Conquer It!
SHIKSHA is a public blockchain-based transparent interface through which government funds are transacted transparently. Basically, the government changes the actual currency into the cryptocurrency (ethers) and transfer it to the blockchain network, where it is handled by smart contracts. We are also providing an interface through which we are raising the funds from the public, through which any citizen or private company as a part of social work can fund the government's education schemes, which in turn provide the chance for public involvement in the decision-making process. During any transaction of currency towards any scheme, everyone involved in the network gets a chance to authorise the transaction. We follow a 50% percent consensus rule only when more than 50% of the nodes have accepted the transaction can it proceed. Every node Participated in the network can work cooperatively by giving suggestions for the allocation of funds.
Future Vision
In the future, we would like to introduce the use of stable coins (CBDC) Central Bank Digital Currency.
Privatisation?
Privatisation Helps in bringing more Responsibility in the System!
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Solutions We Provide!
- Providing the complete transparent system through which public also has the authorization power.
- Eliminating the corruption to the maximum extent.
- Providing less complex system and trnasferring of the funds immediately or through very fast response.
- False databases cannot be created because every transaction can be viewed in the ether scan and also whole system is on blockchain network which is decentralized.
- Building confidence in the public on the government system by introducing the latest technology.
