This is a huge step from the Indian government. A prime minister is more than just a government representative. And him coming out with this statement, shows he came to a conclusion with other officials on the matter. The future is bright for blockchain technology in India if the government starts slowly accepting the cryptocurrency market in it's system. @narendramodi is right in every other way. Blockchain technology will have an impact in the way we live and work, as it has already done for those of us who are already active in it. People's standards of living have vastly improved, transactions are a lot cheaper, quicker and safer with blockchain technology. Am so pleased to here this from him.

I didn't know there is much more to what blockchain technology can do; curbing corruption, stopping corrupt practices and falsification of data.. yikes. This is medicine to all these dirty practises that have wasted people's resources in the name of theft of what rightly belongs to the people. This will identify the true leaders from the masked leaders who are using their positions for personal gains. The masked leaders are the ones holding India back from growing at all fronts. India has all the resources to be a first world country, but many of these leaders have obstructed that from coming to pass.