India today is a leader in blockchain innovation and experimentation. With a strong community of innovators at home, foreign fintechs’ entrance into the Indian market and local regulators embracing blockchain, the market is prime for adoption of one of the most cutting-edge technologies in the financial services space.
Brendan Taylor, CTO of blockchain company MonetaGo, says that’s because India has already proven itself as a country not afraid to embrace fintech disruption – even with short-term negative consequences.
“Their government has always been unafraid to push new incentives and initiatives, regardless of some immediate near-term negative impacts,” he recently said.
