Blockchain Summit India 2019

Blockchain Summit India 2019 (an Indian government-backed blockchain summit) is scheduled to take place on February 22 and 23, 2019. The event is aimed to accelerate the process of policy formation regarding blockchain technology and cryptocurrency.

Reports say the event will be attended by the policy makers of India. The expected participants of the event will include officials from the Indian Ministry of Finance. The current panel of experts who are currently drafting the cryptocurrency related regulatory framework is also said to be present during the event.

Blockchain Summit India 2019 – Who are Supporting?

The blockchain event is directly supported by:

  • Multiple departments of the Union Government:
    • Department of Science and Technology
    • Ministry of Commerce and Industry
    • Ministry of Law and Justice
    • Ministry of Human Resources Development
    • Department of Information Technology.
  • State Government of Uttar Pradesh

What’s the Objective of Blockchain Summit India 2019?

Blockchain Summit India 2019

The event, which is going to be held on February 22 and 23, has the following stated objective:

“The summit is targeted towards enabling Indian government and ministries to speed up the process of developing a flourished blockchain and cryptocurrency ecosystem.”

 The fintech partner of Blockchain Summit India 2019 is Cashaa. Its Marketing VP, Janina Lowisz, has said that:

“for the first time, the ministers from all relevant departments have come together with experts from the space as well as from leading universities and global brands to learn about and speed up the process of regulating cryptocurrency.”

Blockchain Summit India 2019 – Details of the Event

The fintech partner of the event has said that they have invited Subhash Chandra Garg (Secretary of Economic Affairs, the Ministry of Finance). Garg is heading the committee, which is currently drafting the regulatory framework for Bitcoin and other cryptocurrencies in India.

Lowisz has told media that:

“Ministry of Finance officials will be there… An invitation has been sent to Mr. Garg.”

She also noted the fact that Garg is currently abroad. However, she made it clear that Garg’s team of officials will be there during the event’s second day (February 23, 2019) of the event to take notes.

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