How India Plans to Deploy Blockchain for Economic Growth

How India Plans to Deploy Blockchain for Economic Growth

The event promises to help build innovative blockchain models to strengthen the digital public infrastructure.

By RMN News Service

The India Blockchain Summit 2024 – scheduled to take place on October 19 in Delhi – will allow the participants to discuss the role of blockchain in achieving economic growth for the country of 1.4 billion people.

In an exclusive session under the banner “Blockchain for Bharat”, specific case studies of blockchain adoption for financial inclusion, governance, and digital infrastructure development in India will be discussed.

The participants will also gain knowledge from a comparative analysis of blockchain acceptance in the domestic and global markets, helping them to explore the opportunity of collaboration with leaders in the blockchain market.

An important feature of the India Blockchain Summit 2024 will be to educate the government functionaries about the implementation of blockchain platforms for decentralised systems for citizen services and good governance.

[ Also Read: New Delhi to Host India Blockchain Summit 2024 ]

In order to build a sustainable future, one of the sessions at the Summit is dedicated to the circular economy, which is a model of production and consumption that ensures waste reduction and longevity of products.

The enterprises – particularly the smaller businesses – will have an opportunity to interact with investors who are ready to invest in emerging blockchain technologies and related services.

The event promises to help build innovative blockchain models to strengthen the digital public infrastructure covering projects such as digital identity, land registry, and public service delivery.

Women can particularly gain at the India Blockchain Summit 2024 as special sessions are designed to promote women’s participation in blockchain technology while their success stories will be discussed at the event.

Application of blockchain for international trade, defence, precision farming, and business process management are also planned to be discussed at the India Blockchain Summit 2024.