Just a week after the Reserve Bank of India confirmed legal status for crypto currency, a draft national strategy on blockchain has called for an official digital rupee.
India to Advance in Blockchain Tech
According to reports, the National Institute for Smart Governance (NISG) has submitted a draft strategy on blockchain for stakeholder comments which will help define the ecosystem for distributed ledger technology and crypto in India.
The paper states that blockchain was a priority topic at the Davos World Economic Forum where a survey suggested that 10% of global GDP will be stored on DLT by 2027.
The strategy envisions India becoming one of the leading countries for innovation, education, commercialization, and adoption of blockchain and crypto technology in private and public sectors by 2025.
The document also recommends the…
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