To push blockchain in government, IAMAI forms new committee

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With an aim to push , the industry lobby body Internet and Mobile Association of India () has formed a Blockchain Committee which will identify opportunities, challenges and work with government, industry and startups to build a conducive overall ecosystem for blockchain in India, said a statement.

“On the agenda of this committee will be of nurturing the ecosystem and skill development; engaging with business, industry and government to evangelize acceptance of blockchain technology; and help drive training workshops to familiarise potential users with the technology,” said IAMAI spokesperson.

The committee will be headed by Tina Singh, Chief Digital Officer, Mahindra Finance and Prasanna Lohar, Head –Innovation and Architecture, DCB Bank will be its co-chair. The duo will be joined by Manish Gupta, Director- Digital Transformation, Mastercard, Samiran Ghosh, Chief Digital Advisor, , 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.

“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. The IAMAI Blockchain Committee will focus on creating dialogue between all stakeholders; curate and create content to aid skill development and move towards creating a participative economy with the usage of blockchain,” stated Tina Singh, who chairs the committee.

Prasanna Lohar, Co-chairperson Blockchain Committee, IAMAI & Head –Innovation and Architecture,- DCB Bank Limited, said “Post demonetisation, UPI, GST and many other movements in innovations, blockchain would be “radical change agent” in India. Blockchain adoption will be achieved through building trust in the economic, social and environmental potential of the token and blockchain economy. To reap blockchain benefits, however, the technology will need to be developed responsibly within the right regulatory frameworks.”

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