An Indian State to Promote Blockchain Development-The state government of Andhra Pradesh in India wants to build a community of blockchain startups in the state. Similarly, The Government brought a policy called the APIS – Andhra Pradesh Innovation Society which promotes world-class technology start-up ecosystem.
APIS announced that it was partnering with the Eleven01 Foundation. The partnership is aimed at using events, activities and mentorship programs to nurture talent and develop a community of startups within the state. Therefore The blockchain is being actively promoted at various levels of government.
Eleven01’s blockchain protocol was built in association with Indian IT services giant Tech Mahindra. consequently, The platform was announced back in August and aimed at strengthening the blockchain ecosystem in the country.
J.A. Chowdary, IT advisor and special chief secretary to the chief minister of Andhra Pradesh, stated
“We truly appreciate what the Eleven01 team is trying for development. We are happy to associate with them to bring advanced development and innovations.”
Eleven01 Foundation’s President & Chief Product Officer, Ramachandran Iyer, echoed Chowdary’s comments, saying:
“We visualize India to be a blockchain-hub. Similarly, the supports from the state here brings us a step closer to it. Together, we will contribute towards the development of the best blockchain-ready talent pool and innovations in the state.”
An Indian State to Promote Blockchain Development-Andhra Pradesh has already been using blockchain tech for keeping land records as well as vehicle titles.There are many potential uses of the blockchain. Those are things such as voting, accountability tools like civil service complaints. The blockchain is used to anonymize them to protect whistleblowers and benefits distribution.