The Southern (NYSE:SO) Indian state of Telangana plans to establish the country’s ostensibly first blockchain district, local newspaper The Hindu Business Line reported on May 27.
The planned district will reportedly aim to establish an ecosystem for blockchain startups and research institutes. While it will seek to attract a host of different blockchain projects, the initiative reportedly has a particular focus on those working to develop blockchain applications for the banking sector, financial services and insurance, pharma and healthcare, logistics and supply chain management and solutions for government sectors.
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