Narendra Modi: Blockchain will have a deep impact on the way we live

Narendra Modi, BJP, India, Republic of Korea, Foreign Visit, bilateral trade, commerce, business

Prime Minister of India, Narendra Modi today spoke at the World Congress on Information Technology and spoke enthusiastically about disruptive technologies such as the blockchain.

This event is being held in India for the first time. It has been organized in partnership with NASSCOM, WITSA and the Government of Telangana.

During his speech, he highlighted the importance of technology and said that technology has transcended power-point presentations and has become an inseparable part of people’s lives.While most Government initiatives depend on a Government push, Digital India is succeeding because of the people’s pull.

He also said that the key themes at this Conference, reflect the opportunities that await us.

And also noted that disruptive technologies such as blockchain and the Internet of Things will have a deep impact on the way we live and work.

He also said that the blockchain and the Internet of Things will require rapid adaptation in our workplaces.

He further said that NASSCOM has identified eight important technologies.They include Artificial Intelligence,Virtual Reality ,Robotic Process Automation, Internet of Things, Big Data Analytics,3D Printing, Cloud Computing, Social and Mobile.

The praise for blockchain is sure to give a major boost to this technology in India which is often seen with disdain and suspicion in the nation.

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