The Indian government might soon announce a national level blockchain framework for various sectors in the country, reported local news outlet the
Economic Times. The information was divulged by Sanjay Dhotre, the minister of state for electronics and IT, at Wednesday’s Lok Sabha meet, the lower house of the Indian parliament.
India’s ministry of electronics and information technology (MeitY) in a written submission said it was “considering the potential of Blockchain Technology and the need for shared infrastructure for different use cases”.
Dhotre further said blockchain is one of the critical research areas for MeitY, which sees potential applications of the technology in governance, banking and finance, and cybersecurity, among others.
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