“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
Vanguard Group Tests Blockchain-Powered Forex Trading Platform
The Vanguard Group is testing a blockchain platform that will allow asset managers to trade currenci...

October 14, 2019

South Korean Blockchain Provider Blocko Officially Launches in UAE
Blocko, a Samsung-backed enterprise blockchain provider from South Korea, has officially launched it...

October 13, 2019

China Will Likely Approve Yuan-Backed Stablecoin And Blockchain
The yuan-backed CNHT has a good chance of being accepted by China, with the potential to attract inv...

October 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