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Blockchain This Week: PM Endorses Blockchain, Calls It An Opportunity In Technology

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  • Blockchain This Week: PM Endorses Blockchain, Calls It An Opportunity In Technology

    At the India Ideas Summit, hosted by the US-India Business Council, last week, Prime Minister Narendra Modi acknowledged the prominence of blockchain, where he endorsed it as an ‘opportunity in frontier technology,’ as he pitched it to the global investors, reminding India’s tech capabilities, alongside highlighting the country’s half a billion connected internet users.

    In an attempt to set the post-pandemic economic recovery agenda, PM Modi invited US businesses to invest in various economic sectors in India, including agriculture, civil aviation, healthcare and fintech among others.

    He said that opportunities in technologies abound in the frontier technologies of 5G, Big Data analytics, quantum computing, blockchain and internet of things.

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    PM Modi endorsed blockchain as an ‘opportunity in frontier technology,’ as he pitched it to the global investors at India Ideas Summit.
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