India has the potential to emerge a leader in this space
From being a Bitcoin platform, as conceived by Satoshi Nakamoto in 2009, blockchain has come a long way to emerge as an encompassing innovative backbone technology to add value to businesses across sectors, much beyond the originally planned cryptocurrency realm.
It is good to see the technology coming of age in India too, with the government making a move to set up a national blockchain framework to prepare a centralized ecosystem that will cover as many as 44 sectors including e-governance.
Moreover, the move to leverage the potential of this emerging technology through a policy framework will bring India on a par with countries like China, the UAE, the US, Brazil, Chile, Canada, Singapore and Switzerland which have already made big leaps in the blockchain space.
Continue reading: https://www.thehindubusinessline.com/opinion/blockchain-tech-is-the-future/article37999487.ece
From being a Bitcoin platform, as conceived by Satoshi Nakamoto in 2009, blockchain has come a long way to emerge as an encompassing innovative backbone technology to add value to businesses across sectors, much beyond the originally planned cryptocurrency realm.
It is good to see the technology coming of age in India too, with the government making a move to set up a national blockchain framework to prepare a centralized ecosystem that will cover as many as 44 sectors including e-governance.
Moreover, the move to leverage the potential of this emerging technology through a policy framework will bring India on a par with countries like China, the UAE, the US, Brazil, Chile, Canada, Singapore and Switzerland which have already made big leaps in the blockchain space.
Continue reading: https://www.thehindubusinessline.com/opinion/blockchain-tech-is-the-future/article37999487.ece
