India has potential to be leader in Blockchain: Expert


has the potential to be a in the Blockchain revolution, Canadian expert Bob said here on Saturday.

“When I was working in Silicon Valley, it was staggering to see the percentage of products created by people in that has perfect ecosystem getting ready with talent and skill.


“Considering the talent in the country, I can clearly say has the capability to lead Blockchain revolution,” said at the “BlockHash Live 2018” summit organised by the Blockchain Academy (KBA) here.

The three-day event offered an opportunity for the global businesses in Blockchain to look into expansion of their operations in as well as across the country.

is aspiring in this field while has taken the lead in crypto but not necessarily the lead in Blockchain revolution. In terms of knowledge, capability and technology, India is in a position to lead,” stressed.

He, however, said Blockchain would not eliminate jobs in the future.

“Instead, it has the potential to eliminate unnecessary intermediaries and making organisations more efficient. In fact, it’s a job creator. In case of Artificial Intelligence (AI), drivers are working in warehouses and working as cooks as eliminates jobs,” the expert emphasised.

–IANS

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)





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