The Indian Statistical Institute (ISI) has announced its collaboration with the state of West Bengal to set-up a center of excellence on blockchain.

The unit is aimed at conducting research on various aspects of the nascent technology. The center of excellence will also focus on developing distributed ledger technology to provide better services and protect government data.

Debasish Sen, Additional Chief Secretary of the information technology and electronics department in West Bengal, has also confirmed the tie-up. He has stated that the state is encouraging adoption of the latest technologies that require modern scale, skill, and talent. Stressing the importance of blockchain, he also commented that Bengal is for blockchain.