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Guavy AI Editorial TeamSentiment: 3Clout: 75

India Launches Blockchain India Challenge to Foster Adoption

The Indian government has taken a significant step towards harnessing the potential of blockchain technology with the launch of the Blockchain India Challenge.

This national initiative, rolled out by the Ministry of Electronics and Information Technology (MeitY), seeks to encourage startups and innovators to design and pilot blockchain-based solutions for public and enterprise use cases.

The challenge focuses on permissioned blockchain frameworks, ensuring regulatory oversight, auditability, and trust. It covers various sectors such as governance, supply chains, healthcare, education, agriculture, land records, and sustainability.