Blockchain to drive IT innovation in BFSI sector: Arvind Chandrasekar

Over the past decade, blockchain has become a foundational technology facilitating cutting edge innovation across industries in India. We have witnessed some truly revolutionary changes across the BFSI, telecom, healthcare, e-commerce and government sectors backed by blockchain. In fact, a recent report by PwC indicates that India will become a blockchain leader amongst the ranks of USA, China and Australia by 2023. Some of the key financial segments where blockchain has truly made an impact during the last year are in the banking, finance and digital payments areas.