India’s Internet and Mobile Association of India (IAMAI)’s main purpose is to improve and expand the value added services pertaining to mobiles and several online services. Now, IAMAI has initiated a thinktank committee for potential use cases blockchain technology chaired by Tina Singh, Chief Digital Officer, Mahindra Finance and co-chaired by Prasanna Lohar, Head, Innovation and Architecture, DCB Bank Limited in the industry. With on the largest middle class population and growing rapidly, the time is ripe for up gradation by disruption of numerous middlemen and services in the nation of more than a billion. Now, blockchain is becoming part of the dreams of the nation ‘Digital India’.
Tina Singh, Chairperson, Blockchain Committee, IAMAI & Chief Digital officer Mahindra Finance said:
“Blockchain is undeniably the technology of the future, slated to bring decentralization, trust and accountability into multiple areas of business. However, in order to be more effective and enter the mainstream, blockchain technology needs the intervention of government bodies, regulatory authorities and corporates. The IAMAI Blockchain Committee will focus on creating dialogue between all stakeholders; curate and create content to aid skill development and move towards creating a participative.”