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Indian IT Trade Association Sets up Blockchain Special Interest Group
A new special interest group has been formed in India to investigate and promote blockchain technology domestically.
Indian IT industry trade association NASSCOM has partnered with startups BlockSmiths and Quatrro to set up a special interest group focused on blockchain technology.
Located in the country's capital, Delhi, the new group is aimed to educate and inform the public, while developing various financial and non-financial blockchain use cases, according to local media reports.
STORY CONTINUES BELOW
Harmeet Singh Monga, chief business officer at BlockSmiths, wrote in a statement:
"We strongly believe that India has the potential to lead the blockchain revolution in the South East Asian region and help businesses from various industries become highly streamlined and efficient by adopting blockchain."
The blockchain group has already held its first meeting, with representatives from more than 10 member organizations, including Axis Bank, Deloitte and Nokia, participating.
Going forward, the group plans to focus on blockchain research and development in four areas: fintech, Internet of Things, smart contracts and general blockchain applications.
India at night image via Shutterstock
Chuan Tian
A member of Coindesk’s editorial team since June 2017, Tian is passionate about blockchain technology and cyber-security. Tian studies journalism and computer science at Columbia University in New York. He does not currently hold value in any digital currencies or projects (<a href="https://qa.coindesk.com/editorial-policy/">See: Editorial Policy</a>). Follow Tian here: <a href="https://twitter.com/Tian_Coindesk">@Tian_Coindesk</a>. Email tian@coindesk.com.
