The Telangana State Information Technology division (ITE&C) has marked a MoU with Tech Mahindra to Launch India’s first Blockchain District in Telangana.
The Blockchain District will be a Center of Excellence for Blockchain, a hatchery for technology and process improvement with imaginative foundation and offices to encourage development of Indian blockchain new businesses and organizations. Tech Mahindra as an establishing individual from the Blockchain area will give stage and technology help to every one of the hatcheries in the Blockchain District.
Tech Mahindra will likewise enable quickening agents to create and take care of market issues over its worldwide client biological system. Further, The Telengana ITE&C Department will give administrative and strategy support to empower and advance Blockchain development both in India and comprehensively.
IT Minister, K T Rama Rao, stated, “Telangana government is glad to pioneer the first of its kind Blockchain District in India. With help from Tech Mahindra, we imagine to set a worldwide benchmark in giving front line Blockchain technology arrangements and stages crosswise over businesses. It isn’t only a glad minute for Telangana yet India as a worldwide pioneer in the Digital Era”.
C P Gurnani, CEO and MD, Tech Mahindra, stated, “The dispatch of the Blockchain District is a crossroads ever, a worldwide ability center point which can open the estimation of blockchain technology in democratizing information and taking care of huge scale world issues. It is additionally an immense advance in reskilling and right skilling the workforce of the Future. Blockchain specialists will be our delegated gems as together we work towards making India the Blockchain capital of the world.”
The Blockchain District will give a chance to the Blockchain biological system in India to team up and work towards building a Blockchain District in the State of Telangana and changing India as the Blockchain capital of the world.