Indian Goverment to Hand Out IIT Degrees Using Blockchain Technology in 2019-That's how the blockchain is in India man!!
Not simply instructive degrees, the blockchain innovation may even discover its way into the upkeep of land records. In any case, it is still among the fantastical thoughts that are as yet being considered.
Not enjoying cryptographic money, but rather the Indian government is very enthused about embracing the blockchain innovation and utilize it in the computerized confirmation of instruction degrees. The administration wants to first put to utilize the innovation in a trial venture at IIT-Bombay beginning 2019.
*As indicated by the report by Factor Daily, these trials will be the main usage of IndiaChain, the blockchain innovation for giving out degrees in India will be executed at the Indian Institute of Technology (IIT) and a few schools in of Delhi University. *
The report additionally expresses that the venture is being created under the focal government think tank, Niti Aayog.
Not simply instructive degrees, the innovation may likewise discover its way in the upkeep of land records. In any case, it is one of the outlandish thoughts that are as yet being considered.
**Amid his Budget discourse on February 1, Finance Minister Arun Jaitley had indicated in clear terms that in spite of the fact that the legislature is against digital currency, it will embrace the blockchain innovation to create distinctive arrangements. **
Jaitley had stated, "The legislature will take all measures to dispense with the utilization of crypto-resources in financing ill-conceived exercises. The legislature will likewise investigate the utilization of blockchain innovation for introducing the computerized economy."