Prime Minister Narendra modi believes that the blockchain is one of the most attractive investment of advanced technologies.
Speaking at a business summit in his speech, he turned on the blockchain in a list of promising technologies, along with the 5G, big data, quantum computing, and Internet of things. Noting that DLT offers excellent investment opportunities, especially in India, where the market is being formed.
According to Narendra modi, currently half a billion people in the country are still awaiting Internet connection, which gives the business great potential for growth. While India, unlike China, open to foreign technology companies and in March lifted a ban on the use of cryptocurrency.
Although India is still far from obtaining the status of a world center of the blockchain and kriptonyte, but if the country’s leadership will also continue to actively promote this direction, then soon the situation may change dramatically.
text: Ivan Malichenko, photo: Getty Images