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.
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.
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.
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