The Internet and Mobile Association of India (IAMAI) has formed a Blockchain committee as part of its efforts to energize the Blockchain technology so that it can fulfill its potential of facilitating job creation for the new economy in the country. The mandate of the Group is to identify opportunities and challenges and work with government, industry and Startups to help the overall ecosystem.
The committee is chaired by Tina Singh, Chief Digital Officer, Mahindra Finance and co-chaired by Prasanna Lohar, Head –Innovation and Architecture, DCB Bank Limited. Some other prominent members of the committee are Manish Gupta, Director- Digital Transformation, Mastercard, Samiran Ghosh, Chief Digital Advisor, Microsoft, Jitan S Chandanani, Blockchain Offerings and Engagement Leader – ISA, IBM, Ravi Chamria, Founder, Sofocle Technologies, Sandeep Goenka, Founder, Zebpay, S Venkat Kumar, Vice President, Kotak, Nitin Chug, Country Head- Digital Banking, HDFC Bank amongst others.
On the agenda of this committee will be to a) Nurturing the Ecosystem and Skill Development b) engaging with business, industry and government to evangelize acceptance of blockchain technology c) Help drive training workshops, to familarise potential users with technology
Tina Singh, Chairperson, Blockchain Committee, IAMAI & Chief Digital officer Mahindra Finance said, “Blockchain is undeniably the technology of the future, slated to bring decentralization, trust and accountability into multiple areas of business. However, in order to be more effective and enter the mainstream, blockchain technology needs the intervention of government bodies, regulatory authorities and corporates. The IAMAI Blockchain Committee will focus on creating dialogue between all stakeholders; curate and create content to aid skill development and move towards creating a participative economy with the usage of blockchain.”
Prasanna Lohar, Co-chairperson Blockchain Committee, IAMAI &Head –Innovation and Architecture,- DCB Bank Limited,added “Post Demonetisation, UPI, GST and many other Movements in Innovations, Blockchain would be “Radical Change Agent” in India. Blockchain Adoption will be achieved through building trust in the economic, social and environmental potential of the token and BlockChain economy. To reap Blockchain benefits, however, the technology will need to be developed responsibly within the right regulatory frameworks.”
