Transforming India through blockchain
The fundamental attributes of blockchain, i.e. consensus, trust, immutability, provenance and smart contracts, can all give us transformational use cases
The latest Indian budget was remarkable for quite a few things—for the first time, artificial intelligence (AI) and blockchain got explicit mention. However, while it was all good for AI, blockchain got a mixed bag. “The government does not consider cryptocurrencies as legal tender or coin and (will) take all measures to eliminate the use of crypto assets," finance minister Arun Jaitley had said in his budget speech. He did add, though, that the government “will explore blockchain, to add muscle to the digital economy".