Web3 and the State: Indian state's redescription of blockchain
- URL: http://arxiv.org/abs/2405.00320v1
- Date: Wed, 1 May 2024 04:57:25 GMT
- Title: Web3 and the State: Indian state's redescription of blockchain
- Authors: Debarun Sarkar, Cheshta Arora,
- Abstract summary: The article does a close reading of a discussion paper by NITI Aayog and a strategy paper by the Ministry of Electronics and Information Technology (MeitY) advocating non-financial use cases of blockchain in India.
By noting the discursive shift from transparency to trust that grounds these two documents and consequently Indian state's redescription of blockchain, the paper foregrounds how governance by infrastructure is at the heart of new forms of governance.
- Score: 0.0
- License: http://arxiv.org/licenses/nonexclusive-distrib/1.0/
- Abstract: The article does a close reading of a discussion paper by NITI Aayog and a strategy paper by the Ministry of Electronics and Information Technology (MeitY) advocating non-financial use cases of blockchain in India. By noting the discursive shift from transparency to trust that grounds these two documents and consequently Indian state's redescription of blockchain, the paper foregrounds how governance by infrastructure is at the heart of new forms of governance and how blockchain systems are being designated as decentral by states to have recentralizing effects. The papers highlight how a mapping of discursive shifts of notions such as trust, transparency, (de)centralization and (dis)intermediation can be a potent site to investigate redescriptions of emerging sociotechnical systems.
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