1947 Tech — Week 2
A few good articles that I came across this week..
Week 2, 2018
- IndiaChain: Niti Aayog starts on IndiaStack-linked, large-scale Blockchain projects | FactorDaily
IndiaChain is the government’s plan to implement a full-fledged blockchain infrastructure that will complement IndiaStack and could even use Aadhaar
It will revolutionise the way subsidies are distributed — to start with in farming in the form of fertilisers — and increase trust in areas such as organic food
IndiaChain, the brainchild of NITI Aayog, could play a big role in regulating land records to remove duplication, KYC in banking, financing among SMEs, electricity distribution, court cases etc.
2. ‘Hike ID’ lets users chat without sharing number
Homegrown messaging app Hike Messenger on Tuesday launched “Hike ID”, which is a unique identity that lets users chat on the platform without sharing their mobile number, thus maintaining privacy.
3. Financial inclusion can leapfrog with blockchain technology
Blockchain technology, in particular, may hold the answers to India’s widening financial divide. With an objective outlook, different public and private players in the financial domain can adopt Blockchain technology to reduce the cost of operations and remittances, and enable financial inclusion.
4. India to be fastest-growing economy in 2018–19; GDP to climb over 7 pc: World Bank
The World Bank predicts India will grow a handsome 7.3 percent in 2018–19. In its just-released 2018 Global Economics Prospect report, World Bank has said that India has “enormous growth potential” and will continue to grow its GDP by 7.5 percent in the next two years. It implies India will be the fastest-growing economy in the world again.
5. Discuss: Will 2018 be a good year for India’s startup scene?
Sid Talwar said — India is a very special market — every industry is huge, fragmented, and inefficient in some way or another. And most industries have not been explored at all yet. But the question for market size of a specific industry is less relevant in India. The larger questions are two-fold. One, do the solutions that startups offer solve real problems? Are these the right problems to solve? Many times, entrepreneurs start copycat companies in India. The problem with that is those companies are solving other country’s problems. The second questions is, will the founders be able to execute the plan or not?
6. Top online course provider edX coming soon to India
One of the world’s most influential providers of online courses, edX, is set to partner with India to give Indian learners access to high-end academic programs from the best global institutes.
Have a great week.
