Telangana government and Tech Mahindra to develop India's first Blockchain District

NewsBharati    03-Aug-2018
Total Views |

 

Hyderabad, Aug 3: After the successful implementation of T-Hub, the stage is set for India's first Blockchain District which will be developed by Telangana government in association with Tech Mahindra.

In this regard, Telangana government’s State Information Technology, Electronics, and Communication department has signed a MoU (Memorandum of Understanding) with Tech Mahindra. On this occasion, P Gurnani, CEO and MD, Tech Mahindra and IT Minister KT Rama Rao were present.


@MinIT_Telangana

The proposed Blockchain District will provide innovative infrastructure and facilities to foster the growth of Indian blockchain start-ups and companies. The IT giant will provide assistance to budding incubators in the Blockchain District.

Addressing the gathering, the Young IT Minister said that the new venture would set the right tone for the development of the blockchain ecosystem. Rao hoped that blockchain village would emerge as a leading destination for Blockchain companies and investors.