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Indian PM Backs Blockchain as 'Frontier Technology'

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  • Indian PM Backs Blockchain as 'Frontier Technology'

    Indian Prime Minister Narendra Modi has publicly endorsed blockchain as an investment opportunity.

    The Prime Minister of India, Narendra Modi, has endorsed blockchain as an ‘opportunity in frontier technology’, renewing hopes that the country is warming to cryptocurrencies.

    In a keynote address at the India Ideas Summit, hosted by the US-India Business Council on Wednesday, India’s Prime Minister Narendra Modi pitched the country as a haven for multinational investors.

    Modi added that half a billion people in India have already been connected to the internet and another half a billion are awaiting connection. This presents a major opportunity for companies to expand into a large market, he said.

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    Indian Prime Minister Narendra Modi has publicly endorsed blockchain as an investment opportunity
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