Drunix marks NPCI’s (National Payments Corporation of India) second major open-source contribution in blockchain and tokenisation space, following Falcon, which focused on production-grade blockchain network management and orchestration

• Open source software/platform is source code developed and maintained through open collaboration that anyone can use, examine, alter and redistribute at no cost. 

About Drunix

• An enterprise-grade distributed ledger technology designed to help organizations build and scale tokenization platforms, digital asset ecosystems, and multi-organization networks. 
• It is a custom-built private blockchain framework designed and developed by re-engineering Hyperledger Fabric. 
  • Hyperledger Fabric is an open-source enterprise blockchain framework developed under the umbrella of Linux Foundation.

About Blockchain Technology

• Meaning: Advanced database mechanism that allows transparent information sharing within a business network. 
  • Stores data in blocks that are linked together in a chain, are chronologically consistent as one cannot delete or modify the chain without consensus from the network. 
• Significance: Creates an unalterable or immutable ledger for tracking orders, payments, accounts; prevents unauthorised transaction entries, etc. 

About Tokenisation

• Meaning: Process that converts ownership rights of real-world assets (like real estate, commodities, artworks, financial instruments) into digital tokens secured on blockchain networks. 
• Significance: Democratising access to investment opportunities; new possibilities for fractional ownership, enhanced liquidity, and streamlined transaction processes.