TS govt aims to make state as ‘Blockchain Capital’ of country

Hyderabad | Friday | 19th July, 2019

Summary:

The conference aimed at briefing industry on the applications of blockchain technology and how Indian Industry can leverage this technology. The State Government aims to make Telangana as Blockchain Capital of the country by creating Blockchain district which will provide skilled talent, infrastructure, R & D support and vibrant communities. The global Blockchain technology revenues is expected to climb to over 23.3 billion U.S.

dollars in size in the next 4-5 years. Mr Rama Iyer, President & CTO, Eleven01 in his special address spoke about the potential use of Blockchain Technology in Supply Chain and Manufacturing Sector. He stressed on the importance of regulatory framework, as it will give confidence to companies in Blockchain Technology space..