“India Wants Crypto” Movement Gaining Steam

Asia Blockchain Review
September 30, 2019

A new movement has sprung up around a young Indian entrepreneur looking to counter the Indian government’s recent moves to eject blockchain technology and cryptocurrencies from the country.

In a report by Ozy, Akshay Aggarwal has been highlighted as the guiding force of the “India Wants Crypto” front.

Aggarwal Experienced in Swaying Public Opinion

Following announcements by the Indian legislature that bills have been drafted which would expel blockchain firms and practitioners, or even punish them with jail time, Aggarwal and his movement hopes to secure a place for blockchain and crypto in India.

Aggarwal, 28, is a co-founder of Blockchained India, starting the company in 2017.  He once took part in an entrepreneurship program run by venture capitalist and early Tesla investor Tim Draper, where he learned how to affect public opinion.  That experience allowed him to grow Blockchained India from a meetup of eight to 750 within a year and attract the interest of entities such as crypto pioneer Ethereum.

Movement Seeking to Secure Blockchain’s Place in India

Aggarwal’s ability to secure trust and trigger conversations between influential members of the tech industry and India’s government are now being applied to “India Wants Crypto”, a movement which has spread to multiple cities across India and amassed over 15,000 supporters.

The front is also seeking to highlight the potential use cases of blockchain.  Aggarwal, who calls Blockchained India a “knowledge sharing platform,” has stated that crypto and blockchain could empower progress among the Indian people.  He has organized a series of roadshows to educate India’s public about blockchain and is working to build awareness.

Source: www.ozy.com


About Asia Blockchain Review

Asia Blockchain Review is the largest initiative for media and community building in Asia for blockchain technology. It aims to connect all blockchain enthusiasts on a regional scale and facilitate the technological foundation of blockchain through a range of group discussions, technical workshops, conferences, and consulting programs.

Our goal is to cultivate and encourage a collaborative community for our members to gather, share their experiences and endeavors in the blockchain space, and brainstorm the potential uses of blockchain technology.

Follow Asia Blockchain Review on:

Related Article
Blockchain Applied for 3D Printing of Aircraft Parts
Aircraft parts manufacturer Moong Inc. has launched a trial of a project to use blockchain for the p...

December 15, 2019

Ex-Morgan Stanley Developers Announce Launch of Phemex Crypto Platform
Former Morgan Stanley developers have introduced a ‘high-speed’ crypto derivatives platform called P...

December 14, 2019

Hong Kong, Thailand to Create Cross-border Trade Currency
The central banks of Hong Kong and Thailand are working together on a digital currency to facilitate...

December 14, 2019

Fraxtor Uses Blockchain Technology for Proptech in Singapore
Singaporean proptech firm Fraxtor has disclosed that blockchain technology can help create new sourc...

December 13, 2019

We provide information about Asia Blockchain Review latest activities as well as global blockchain news and research. Subscribe to our Newsletter now or Contact us