A partner at global auditing consultancy firm PricewaterhouseCoopers (PwC) said India could emerge as a worldwide leader in blockchain technology adoption within the next five years with the right amount of participation from both the private and public sectors, The Economic Times reported.
Sreeram Ananthasayanam, a partner at PwC India, noted there are several issues to address to ensure the success of blockchain adoption, such as the ability of the network and the proponents to raise trust among themselves on the value of assets they deal with.
He said, "The approach for India is no different - and it is indeed possible for India to be in the leadership ranks of blockchain in the next five years, with the right amount of i...
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