[2018-04-14] IT Giant Tech Mahindra Joins India's Early Blockchain 'Bulls'

Is India emerging as a blockchain trendsetter?

Certainly, the sector has been moving in fits and starts in what's becoming the world's fifth-largest economy. Despite a bearish outlook on cryptocurrencies from regulators, progressive Indian states and companies are charging ahead in exploring the applications of blockchain technology.

Now, there are signs that local companies are seeking to integrate blockchain platforms into major businesses. Announced Thursday, Swedish blockchain startup ChromaWay and Indian IT giant Tech Mahindra are joining hands to bring blockchain solutions to the Indian market.

"This partnership represents an opportunity to leverage our open-source consortium database technology to bring real and measurable improvements to society by empowering individuals, fighting corruption and fostering collaboration," Henrik Hjelte, CEO of ChromaWay, said.

The project is also expected to build blockchain solutions for government agencies, a release said.

And this wide-lens approach fits with Tech Mahindra's interests, according to Rachit Batham, head of the company's Blockchain Center of Excellence.

https://www.coindesk.com/giant-tech-mahindra-joins-indias-early-blockchain-bulls/

When RBI is not in favour with Crypto, popular firms from the same country is adapting blockchain? Who needs enlightenment?

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