Indian Government to Issue National Blockchain Strategy
Ana Alexandre's original article for cointelegraph.com reduced by 79%
The Indian government is working on a national blockchain strategy in order to expand the technology's adoption in the country. As the India Times reported on Nov. 27, India's Ministry of Electronics and Information Technology said that it recognizes the potential of blockchain technology and the need for the development of a shared infrastructure to carry out related use cases.
The Ministry added that it is working on the "National Level Blockchain Framework." Indian states are already developing blockchain policiesCointelegraph previously reported that the Indian state of Tamil Nadu was working on a state-level policy for blockchain technology and artificial intelligence. Tamil Nadu's blockchain and AI policies are expected to establish ground rules on how the state government can apply the emerging technologies for service delivery and solving governance issues. Earlier this year, the Southern Indian state of Telangana also released a draft blockchain policy initiative, which aimed to establish an ecosystem for blockchain startups and research institutes.
The initiative reportedly has a particular focus on projects working to develop blockchain applications for the banking and financial sector, pharmaceuticals, logistics and solutions for government sectors.
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