CP Gurnani, Chief Executive Officer & Managing Director, Tech Mahindra today said that “the best of blockchain is yet to come, while some sectors have been early adopters others are still developing use cases”. He was addressing the Blockchain Summit organized by IAMAI.
He emphasized that there are many domains of businesses that are the early adopters of any emerging technology and the industry is ready to welcome blockchain adoption for Greater Good and Businesses to flourish. He also quoted WEF, according to which ‘10% of Global GDP will be on blockchain by 2027’.
Later in the day addressing the summit Mr. Jayesh Ranjan, IAS, Principal Secretary, Information Technology, Electronics & Communications Department, Government of Telangana, and Shri Santhosh K Misra, IAS, Commissioner – e-Governance & CEO – Tamil Nadu e-Governance Agency, shared their perspective on the role of Government Departments and Nodal Agencies for the adoption of blockchain technology for better service delivery and public welfare. They provided an overview of the areas where blockchain technology has the potentials to do wonders and land-records, remote-elections, supply-chain, food & agriculture, service deliveries (like birth certificates, mark-sheets, approvals), etc. are the thrust domains where Governments are already working for an early introduction of blockchain-based solutions. This also opens up huge opportunities for Startups to work closely with Government and bring-in the best solutions for the citizens.
Tina Singh, Chair, IAMAI Blockchain Committee and CDO, Mahindra Finance, opened the summit and shared the broader objective of this daylong event. IAMAI & EY White-paper on ‘Blockchain Technology & Industry Adoption’ was also released at the summit.
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