World economic forum hails Andhra Pradesh government for Blockchain initiatives
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Amaravati, March 7: International business organization world economic forum heaped praises on the state government of Andhra Pradesh for effective use of Blockchain technology in protecting digital transactions and preventing online fraud.
The top international body appreciated the efforts of the coastal state for creating a suitable ecosystem for the development of Fintech technology. WEF lauded the techno-savvy approach of state administration where Blockchain technology is being introduced to ease out the governance.
@wef @naralokesh
Responding to the developments, Young Andhra Pradesh IT Minister Nara Lokesh thanked world economic forum for acknowledging Andhra Pradesh's new venture with Blockchain technology. Lokesh took to Twitter and asserted that state government under the dynamic leadership of Chandra Babu Naidu will also focus on business and investment opportunities to strengthen the Blockchain technology.