April 19, 2024

India will improve public schools through blockchain

India's Ministry of Communications and Information Technology has tasked the National Informatics Centre (NIC) to developblockchain solution to increase the level of educational programs in public schools.

According to Press Trust of India, Ravi ShankarPrasad (Ravi Shankar Prasad) made this request at the inauguration of the blockchain development and innovation center created by NIC in Bangalore. Prasad also noted that the NIC and local governments should open their doors to startups that work in accordance with certain standards.

"I'm very interested in how we can use blockchain in primary education.In fact, today I'm going to give you an assignment, NIC team.Can you think of a good application of blockchain to improve the level of education in public schools across the country?" the minister said.

About 26,000 startups work in India, 9,000 ofwhich are developing in the field of technology. Prasad called on NIC to create mechanisms to incorporate these startups into its technology space and stated that “NIC could become the main promoter of startups in the country.”

Despite the fact that Indian authorities supportblockchain development, the cryptocurrency industry of the country is facing great difficulties. Recently, the Supreme Court of India again rescheduled a hearing on the ban on servicing cryptocurrency companies, introduced by the Central Bank in April 2018. Since the ban was introduced, exchanges have been forced to adapt to it, and many of them have ceased their activities in the country and moved the business to other jurisdictions.

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