India has the potential to be a leader in the Blockchain
revolution, Canadian expert Bob Tapscott said here on
Saturday. “When I was working in Silicon Valley, it was
staggering to see the percentage of products created by people
in India that has perfect ecosystem getting ready with talent
and skill.
“Considering the talent in the country, I can clearly say India
has the capability to lead Blockchain revolution,” said Tapscott
at the “BlockHash Live 2018” summit organised by the Kerala
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 Kerala as well as across
the country.
“Canada is aspiring in this field while Switzerland 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,” Tapscott 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 AI
technology eliminates jobs,” the expert emphasised.
Source :
https://www.financialexpress.com/market/