NASSCOM Avasant India Blockchain Report 2019

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The report, developed through participation and inputs from all stakeholder groups throughout the blockchain value chain, provides a definitive perspective on the current state of the blockchain market and highlights the future direction of the industry both in India and globally. The report seeks to become a definitive reference for a thoughtful and deep assessment on the Indian Blockchain space.

Key Findings

50+ countries working actively to develop standards to integrate blockchain in their economies

Europe Leads: Nearly half of the leading and enabling blockchain jurisdictions in the world are located in Europe

Indian Public Sector driving interest in Blockchain

About 50% states in India are involved in various initiatives driving blockchain adoption

BFSI leading adopter

BFSI at 55% leads adoption; growth opportunities in retail, logistics, manufacturing and healthcare

India ‘Blockchain service providers to the world ‘

Need to invest rapidly in talent development, IP and asset creation and process framework advancement to address huge global demand

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