Telangana State Government Launches India’s First Blockchain District
Hey steemit friends how are you all hope you are doing great. Today I have very good news for Indian bit coin users because I have a new update related to the blockchain technology.
As we all know there was International Blockchain conference in Hyderabad two days before and we have seen many of developments in blockchain technology Tech Mahindra has participated in that and many other popular companies has also participated so we can see the development in the field of block chain technology and other state Government also taking initiatives regarding blockchain so it could be the good news for Indian blockchain technology.
In case of cryptocurrency regulation we are hoping that there will be favorable decision in case of Supreme Court against RBI.
Hyderabad is IT hub and also going to be a blockchain hub and Tech Mahindra will support Hyderabad. MOU has signed in between Tech Mahindra and Information Technology Telangana according to that they will help the block chain startup companies and will support the decentralized working technology because Tech Mahindra is supporting this so he has his solution for it and project named as Eleven o one in which he will support the block chain based technology and based on Government Compliant platform in which the decentralized application will start up and this platform will give support of 10,000 transaction per second so we can see how useful this blockchain and going to be supportive so India is progressing very well we are hoping there will be great contribution in Blockchain it will go far if Government gives support so hope this will also be successful.
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I love bitcoin. Thank you @raksha
for your knowledge.
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Thank you dear.
I hope all over India use block chain technology just like this. But the government don't accept this because they don't want to lose their power.
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hope so
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Very good post...
thats a great news for india