NASSCOM stands for India’s National Association of software and service companies have signed the memorandum of understanding with Canadian Blockchain Research Institute to educate people living in India about Blockchain education and training, reported by Tech news outlet CIO on February 22.
In this context BRI tweet photo of their co-founder, Don Tapscott signing the memorandum of understanding along with the CEO of consulting firm Capgemini Canada Sanjay Tugnait, VP of NASSCOM and Sangeets Gupta.
BRI and NASSCOM are planning to establish the center of Excellence for blockchain in India, designed to strengthen the blockchain technologies in government, education, startups all according to Inc42 Indian Information Platform Besides, NASSCOM chairman Raman Roy said that this new alliance is for the development of the blockchain in India environment. He further adds it will enhance our vision to attain our goal of digital economy.
“We believe Blockchain is a transformative technology for businesses. It is imperative that we identify and explain key application opportunities, issues, strategies and approaches that enable companies and governments to capitalize on this emerging technology.”
The blockchain is a transformative technology which can take your business to the next level, and we believe evidently it is. It is imperative for companies that we are identifying key opportunities, strategies, and approaches and explain it so that government and even companies can learn how to capitalize this innovative technology.
Don Tapscott, said on the partnership, “we want to aware Indian about the power of Blockchain and want to show them, how to stay ahead of the time” Reported by CIO.
Although there is one misinterpretation in the market too, that Indian Finance Minister has warned about the crackdown of cryptocurrencies that they are going to finance the illegal activities instead of banning cryptocurrency in the country, which may slump crypto market in early February.
Besides, there is another misinterpretation of crypto news right from India, according to which the tax policy of December 2017 for cryptocurrency was wrongly reported in media; therefore new plan is far stricter than an earlier month according to which crypto market will experience significant dip once more all due to confusion.