On Thursday, speaking at the launch of the Center for the Fourth Industrial Revolution, Prime Minister said, “Technology will lead us to more job creation rather than lay-offs. The fourth industrial revolution is based on technology which will bring more transparency and opportunities for all of us.”
“The adaption of Blockchain, IOT, Artificial Intelligence, machine learning and big data hold in our services will play a pivotal role in taking India to new heights altogether, the prime minister said.”
“These technologies have the potential to run a demographically diverse and largely populated country like India. They will help us create more job opportunities with extensive research and implementation,” he said. 👇👇👇
Emphasizing on blockchain he said, “This technology has the potential lay the working of every department or industry transparent as well as safe. The application of smart contracts gives this technology a major merit with which it gives every process an authentication.”
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Why blockchain is necessary for governments and other sectors?
Blockchain is a completely unique technology which will help us overcome corruption and broaden the reach of our schemes. It will convey the benefits the due benefits to the laymen which are currently siphoned off by the intermediaries, he said.
Integration of this technology in industries and government will give a crystal-clear vision of our policies to the people. The 4th industrial revolution will be based on such trailblazing technologies.
“India has a burgeoning number of internet users with over 93% and nearly 50 Crore Indians using smartphones, we are on the verge of becoming of a data-centric country.” he said.
India is also offering one of the cheapest rates for internet resulting in exponential rise of mobile data users in the country, which has gone up 30 times in last 4 years.
Spilling beans on the future plans for strengthening technology, he said, “We will be connecting 2.5 lakh village panchayats with optic fibre very shortly.”
Blockchain alongwith other emerging technologies will be a touchstone in our surging development through 4th industrial revolution and we will implement this technology as soon as possible in every government service and industry.
Prime Minister Narendra Modi’s this speech has pepped up many blockchain developers across the country. Technoloader is one of the most fast-growing blockchain development companies which provide its services across the globe. We provides blockchain-based service to every industry and supply chain is one of our mastered domains. Blockchain for supply chain development is our specialty and we provide all kinds of services which could empower any supply chain company.
