Even as the adoption of blockchain is gathering pace within the banking, money services and insurance (BFSI) sector, specialists feel that the technology is in its early stage. shoppers are still crucial the positive use of the technology and are learning the way to create it helpful for his or her businesses.
"We believe, it [blockchain technology] can obtain pace once clear, sector-specific profit cases would emerge and there would be additional clarity around policy and governance from the regulator," in keeping with Prashant Garg, Partner, information and Analytics, EY India.
Source: moneycontrol.com
- "Banks are taking a cautious approach in shaping the utilization cases for blockchain and the way it will add the Indian market; they expect additional clarity from the govt to support and adopt it," he adds.