Mumbai : The Internet and Mobile Association of India (IAMAI) has formed a Blockchain committee as part of its efforts to energize the Blockchain technology so that it can fulfill its potential of facilitating job creation for the new economy in the country. The mandate of the committee is to identify opportunities and challenges and work with government, industry and Startups to help the overall ecosystem.
Tina Singh, Chairperson, Blockchain Committee, IAMAI & Chief Digital officer Mahindra Finance stated, “Blockchain is undeniably the technology of the future, slated to bring decentralization, trust, and accountability into multiple areas of business. However, in order to be more effective and enter the mainstream, blockchain technology needs the intervention of government bodies, regulatory authorities, and corporates.”
She added that the IAMAI Blockchain Committee will focus on creating a dialogue between all stakeholders; curate and create content to aid skill development and move towards creating a participative economy with the usage of blockchain.
The agenda of this committee will be nurturing the ecosystem and skill development, engaging with business, industry and government to evangelize acceptance of blockchain technology and help drive training workshops, to familiarize potential users with technology.
Recently, PM Modi also allayed fears of job loss due to technological development stating that Artificial intelligence, machine learning, Internet of Things, blockchain and big data hold the potential to take India to new heights.
A recent study by Belong reveals that only 0.25% of the two million country’s software developers are equipped to work on blockchain platforms. This clearly points out to the need for skill development in this emerging technology which has the potential to revolutionize HR and the world of work.
The committee is chaired by Tina Singh, Chief Digital Officer, Mahindra Finance and co-chaired by Prasanna Lohar, Head –Innovation and Architecture, DCB Bank Limited. Some other prominent members of the committee are Manish Gupta, Director- Digital Transformation, Mastercard, Samiran Ghosh, Chief Digital Advisor, Microsoft, Jitan S Chandanani, Blockchain Offerings and Engagement Leader – ISA, IBM, Ravi Chamria, Founder, Sofocle Technologies, Sandeep Goenka, Founder, Zebpay, S Venkat Kumar, Vice President, Kotak, Nitin Chug, Country Head- Digital Banking, HDFC Bank amongst others.
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