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RE: South Korea Proposes To Lift ICO Ban As India's Central Bank Upholds It's Banking Ban

in #blog6 years ago

The prime minister wants centralised blockchain. His speech on the benefits of blockchain was very well orated but as with most things, lacked any substance. In fact, he is of the "bitcoin bad blockchain good"camp, so all hopes of anything good coming from the indian authorities are dead for me.

Banks in india are doing blockchain based trade finance. Trai is doing something with blockchain. Its a buzzword to say we are innovating. But no one in government or bureaucracy is bothered to learn about blockchain. As if systems in india werent slow already, they want a non crypto linked, centralised slow database they call blockchain to improve things.