Tool Create startup animated videos in minutes, not in hours! 

Is Blockchain Technology Still Futuristic For India’s Finance Sector?

This application is linked to the land registry as maintained by the government and by using zero-knowledge proof. If this sounds way too futuristic then let me tell you that work on blockchain-based land registry has already begun in several states in India and most of the other linkages mentioned are already present as a solution. Like every technology, the promise of blockchain also can be realized more effectively when integrated seamlessly with other technologies. In January 2020, Niti Aayog issued a discussion paper on Blockchain – The India Strategy which outlines various promising use cases. ICICI Bank on-boarded over 250 enterprises on its blockchain platform for domestic and international trade finance in 2019.

Startup Around is now on Telegram and Whatsapp. For the best startup stories & resources, subscribe us on Telegram & Whatsapp.
Get the best stories from Startup Around on Telegram