Highlights

  • Ambani: India is going through a digital-first revolution
  • Indian government is considering a proposal to treat cryptocurrencies as a financial asset

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Mukesh Ambani backs Blockchain tech; 'can change financial world'

Mukesh Ambani: using blockchain, we can deliver unprecedented security, trust, automation and efficiency to almost any type of transaction

Mukesh Ambani backs Blockchain tech; 'can change financial world'

While the bill for regulating cryptocurrency is still in the works, the business world clearly has multiple shades of opinions on the ongoing debate.

Reliance Industries Chairman and Managing Director Mukesh Ambani said he sees the benefits of the blockchain technology and India is putting in place the most forward-looking policies and regulations.

Also watch | Your Complete Crypto Guide: The Good, The Bad and The Ugly!

In an interview at the virtual InFinity Forum, hosted by International Financial Services Authority, he further added he believes in blockchain technology and this is different from cryptocurrency.

Asia's richest man said blockchain can deliver unprecedented security, trust, automation to almost any type of transaction.

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Mukesh Ambani believes in the benefits of blockchain technology and sees it as capable of delivering unprecedented security, trust, automation, and efficiency to almost any type of transaction.

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