How Blockchain Could Be A Game Changer In India

SUMMARY

India stands sixth on the list of patents and trends in the blockchain space

Blockchain has found its way into the Indian Fintech ecosystem and is making its presence felt in profound ways

Countries such as India and China have banned cryptocurrencies, while a few countries such as Japan and Korea are regulating them

Blockchain, a simple concept yet so complex and diverse in its use-cases. Still, in a nascent stage, numerous countries have come to realize the immense potential of blockchain and are tapping into the unexplored areas of this disruptive technology. It has potential similar to that of the internet, to bring about a radical transformation in the daily lives of individuals.

Why some countries are adopting blockchain but banning cryptocurrencies? A popular saying about blockchain and cryptocurrencies trending among many nations in the world is ‘blockchain is good while cryptos are bad’.

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