

According to the Press Trust of India’s report, the state of Telangana is going to sign MoUs that is the memorandum of understandings with the blockchain players. The decision is made to encourage the government apps to follow the blockchain technology and incorporate it into their working.

Jayesh Rajan who is Telangana’s IT and Industries Secretary said in the 1st edition of the International Blockchain Congress press conference that was held on 26th July,

“We are planning to implement Blockchain Technologies in six or seven government applications. We will be signing MoUs with a few companies in the upcoming International Blockchain Congress to be held next month.”

Nucleus Vision which is a blockchain startup has been taken into consideration by the state governments of Telangana and Goa along with the National Institution for Transforming India, are scheduled to host International Blockchain Congress in the coming month that is in August.

According to Rajan, the objective of signing MoU is to bring the transparency and good services to people. The areas in which the government is planning to use this technology is still not revealed. But it will be out very soon.

As per the sources, there are around 3,000 participants and it is going to be the largest blockchain conferences in the country. The International Blockchain congress will be held at Hyderabad on 3rd August and will last up till 4th August. The closure of the event is set up on 5th August at Goa.

The organizer of the event, Abhishek Pitti who is also the CEO of Nucleus Vision says that the guests of the event include Telangana Minister for IT and Industries KT Ramarao, Goa IT minister Rohan Khunte and NITI Aayog CEO Amitabh Kant.

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