KCN THE USE OF CRYPTOCURRENCY IS PROHIBITED AND BLOCKCHAIN TECHNOLOGY IS BEING INTRODUCED

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KCN THE USE OF CRYPTOCURRENCY IS PROHIBITED AND BLOCKCHAIN TECHNOLOGY IS BEING INTRODUCED

The India state of Maharashtra is implementing blockchain technology in various areas of life. According to the portal dnaindia.com: “In a serious bid to improve the service delivery, the Maharashtra government has firmed up an ambitious plan to implement blockchain technology in agriculture marketing, supply chain, registration of vehicles and document management system. The Maharashtra Information Technology Directorate will be nodal agency for implementation. State information technology department principal secretary SVR Srinivas told DNA, “The state government is adopting a cutting edge technology to help enhance efficiency in the governance. Already the government has completed its first blockchain pilot in the fields of health, supply chain, documents and SSC certificates. A detailed report has been prepared to go in for extensive use of blockchain technology in various government departments. A regulatory sandbox, which will be a common framework for adopting blockchain technology, will be prepared in next five to six months.” The news release partner STEX.com.

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