So, is this how innovation will evolve in future? The adoption and implementation of ideas that originated elsewhere does not really fit my idea of innovation, so I ask Abhijit Bose, CEO of Bengaluru-based Ezetap, ranked third on last year’s CNBC Disruptor 50 list, if adopting blockchain could be considered an innovation. Bose, co-founder of Ezetap, a mobile payments system that aims to be the Square of the developing world, says blockchain adoption may not necessarily be an innovation, but it’s something that will help the economy hugely. “It will help in disbursing subsidy and other doles to the poor without any leakages,” he says. And in a country where more is lost to leakages than reaching beneficiaries, this is huge.