Huge story coming out of India is that The Prime Minister, Narendra Modi, announced today the formation of a platform aiming to provide education on various cutting-edge technologies. The initiative will be known as Future Skills. This is exciting to hear this kind of amazing news from a leader like the Prime Minster of India. Keep this up world!!!



Here are some key quotes from the article I found:

Future Skills Platform to Focus on Blockchain Technology

The platform was announced today at the World Congress on Information Technology 2018 (WCIT). The event was attended by ICT associations from over 80 different nations.



“While we have witnessed how the ‘Internet of Information’ has changed our society over the past two decades, we are now entering a phase where Blockchain may do the same by ushering in a new paradigm comprising ‘Internet of Trust’ and ‘Internet of Value’.”

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In a budget speech given earlier this month, Finance Minister Arun Jaitley stated:

“The government does not consider crypto-currencies legal tender or coin and will take all measures to eliminate the use of these cryptoassets in financing illegitimate activities or as part of the payment system.”

Also within the speech delivered February 1, Jaitley added:

“… the government will explore use of block chain technology proactively for ushering in [the] digital economy.”

This was followed up by the announcement of a doubling of government spending on the digital economy. Around US$500 million has been reportedly earmarked for the sector.

Hope this info helped! The growth of Blockchain Technology is all over the globe, enjoy the knowledge!

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