India moves toward Blockchain Technology; Here`s how it will revolutionize banking system
Sat, 30 Jun 2018-2:25 pm,
India moves toward Blockchain Technology; Here's how it will revolutionize banking system
Ever since the Finance Minister mentioned blockchain technology in his budget speech, the distributed ledger technology has found its way into mainstream attention and prominence.
Bitcoin's rise in cryptocurrency market last year has shifted attention of world towards a new technology called as Blockchain. Interestingly this has been known since 90s but many started following it at an extreme level when a digital coin aka Bitcoin jumped to a level of $20,000. This made a new history in internet trading, which boosted investors faith even in other cryptocurrencies like Ethereum, Ripple, Bitcoin Cash, Litecoin and many more. Most of the developed countries want to adapt the extensive use of Blockchain technology and India is also not faraway. Ever since the Finance Minister mentioned blockchain technology in his budget speech, the distributed ledger technology has found its way into mainstream attention and prominence. As Asia’s third largest economy prepares for a digital future, blockchain is touted as a foundation for the new era of information security and widespread connectivity.