India can’t ignore the promise of big blockchain innovations
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(Photo: Mint)
Andy Mukherjee
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India’s beleaguered blockchain industry has finally got some solid support to ensure its survival, with an influential industry evangelist evoking the vision of a billion smartphones acting as gateways to the brave new world of decentralized finance. In this world, Wall Street’s capabilities will be available to everyone, according to Balaji Srinivasan, an angel investor who was once chief technology officer at Coinbase Global, the largest US crypto exchange about to go public. “We could turn every phone into not just a bank account but a bona fide Bloomberg Terminal, he writes on his blog.