Crypto regulations in India could bring boost to Innovation

[Tombillings]

The regulation of cryptocurrency will make blockchain applications part of health, governance, IP management, and finance, besides other sectors. The robustness, scalability, and decentralization attributes of blockchain have the potential to foster the next level of digital transformation across government, for-profits, and nonprofits. It will bring more accountability and transparency and put an end to the middleman’s obstructions or delays in the delivery of services. Visionary leaders like Andhra Pradesh Chief Minister N. Chandrababu Naidu have set an example by using blockchain technology to address cybersecurity issues in e-governance.

[robert20]

But our country is not like india we are still facing issues to use crypto. This is a matter of great regret that crypto is still banned in our country. I am hoping that soon our country will also realize the power of crypto and start accepting it.

[joteow]

DYOR, while evaluating one or another ecosystem. Look through the fields you are fond of. I am excited by music field and lately found out real uniqueness on the field - Utopia. The Utopia Open Platform (UOP) is the ecosystem for the tokenized song. The UOP receives data from the existing Utopia Music Platform, which collects commercial music consumption and copyright data from numerous sources. Over the past 3 years, it has collected over 3 billion data points ‘Genesis’ will be the first application on the UOP. Through Genesis, users will be able to plug into this data to keep track of songs, compositions, artists, writers, composers, record labels, releases, radio stations, DSPs, standard identifiers and much more. Whether you are an artist, a producer, or a record label, you will be able to see where, how, when and with whom the music is performing best