While the bill for regulating cryptocurrency is still in the works, the business world clearly has multiple shades of opinions on the ongoing debate.
Reliance Industries Chairman and Managing Director Mukesh Ambani said he sees the benefits of the blockchain technology and India is putting in place the most forward-looking policies and regulations.
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In an interview at the virtual InFinity Forum, hosted by International Financial Services Authority, he further added he believes in blockchain technology and this is different from cryptocurrency.
Asia's richest man said blockchain can deliver unprecedented security, trust, automation to almost any type of transaction.