Summary:
By Express News ServiceHYDERABAD: Months after the State government announced its draft policy for the Telangana Blockchain District, the administration on Saturday said that it would soon be laying down the protocols and guidelines for using its facilities. Speaking at the partnerships and website launch of the Telangana Blockchain District Saturday, IT and Industries Principal Secretary Jayesh Ranjan said, “Today, you heard multiple announcements in the blockchain ecosystem. On the occasion, the IT and Industries Principal Secretary said that the State government aims for the Blockchain District to be among the top ten leading blockchain ecosystems in the world. “The protocols will be on how to select eligible companies and startups for the Blockchain District and to assess who will benefit in what way. In May this year, the State government had announced its draft Blockchain District policy, wherein it offered several sops to blockchain companies, including provision of land at subsidised rates to companies if they wanted to set up shop in city..