The subdued rise of blockchain in India
December 31, 2020
Lack of knowledge, unavailability of regulatory body among reasons for curtailed growth of blockchain technology
Blockchain technology is still in its nascent form in India. For a lot of industries in the country, it is still a concept that is yet to be understood.
As per a report released by Nasscom last year, titled ‘NASSCOM Avasant India Blockchain Report 2019’, majority of the mid- and large-service providers have less than 5 per cent of blockchain projects in India, which is low when compared to their projects in other geographies such as North America and Europe. Even among blockchain start-ups, while venture capital investments worldwide were as high as $5.6 billion, India was able to attract only 0.2 per cent of them. Furthermore, India accounted only for about 2 per cent of all the blockchain start-ups, globally.
Looks to boost China-ASEAN trading opportunities and facilitate commodities trading via enhanced digital connectivity
Commodities Intelligence Centre ( CIC ) announces a momentous 2020 as it has jointly launched a Digital Silk Road initiative led by ZALL Smart Commerce Group ( ZALL ), Asia s leading B2B e-commerce Group, and joined Singapore s Blockchain for Trade & Connectivity (BTC) Network. As Singapore s first global physical commodities B2B e-trade platform powered by blockchain, together with ZALL s latest global digital trading platform, and China s largest online and offline integrated wholesale trading platform Zallgo , CIC will help Singapore businesses uncover new opportunities and reap the benefits of the global digital trade economy through enhanced digital connectivity, in turn boosting trade across the Asia-Pacific region on the back of the world s largest trade pact, the Regional Comprehensive Economic Partnership (RCEP).
ZALL Smart Commerce and CIC Launch Digital Silk Road Initiative – IT Business Net itbusinessnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from itbusinessnet.com Daily Mail and Mail on Sunday newspapers.
ZALL Smart Commerce and CIC Launch Digital Silk Road Initiative
Looks to boost China-ASEAN trading opportunities and facilitate commodities trading via enhanced digital connectivity
SINGAPORE, Dec 15, 2020 - (ACN Newswire) - Commodities Intelligence Centre ( CIC ) announces a momentous 2020 as it has jointly launched a Digital Silk Road initiative led by ZALL Smart Commerce Group ( ZALL ), Asia s leading B2B e-commerce Group, and joined Singapore s Blockchain for Trade & Connectivity (BTC) Network. As Singapore s first global physical commodities B2B e-trade platform powered by blockchain, together with ZALL s latest global digital trading platform, and China s largest online and offline integrated wholesale trading platform Zallgo , CIC will help Singapore businesses uncover new opportunities and reap the benefits of the global digital trade economy through enhanced digital connectivity, in turn boosting trade across the Asia-Pacific region on the back of the world s largest t
IT News Online - ZALL Smart Commerce and CIC Launch Digital Silk Road Initiative itnewsonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from itnewsonline.com Daily Mail and Mail on Sunday newspapers.