The perception that blockchain technology is to do with cryptocurrency alone needs to be removed and in double quick time
A few days ago, there was a largely nondescript news report about China’s state-backed blockchain company planning its first major global expansion. It said Blockchain-based Service Network (BSN), billed as the one-stop shop for deploying blockchain applications in the cloud, is launching a network overseas in August.
The purpose is to link different blockchains together as a solution to help enterprises connect with each other and digitally enter into contracts, delivery and everything in between. The moot point is that China, in spite of disapproving cryptocurrency (one of blockchain tech’s early uses), is supporting the technology via backing by none other than President Xi Jingping.
Now, cut to India and here is what a government document says about blockchain services: “The National Strategy to evolve a trusted digital platform for providing e-Governance...
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https://www.cxotoday.com/news-analysis/why-india-needs-to-unblock-its-vision-...
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