“Web 3, a thing of the future, Karnataka government is using blockchain technology in various departments”

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bangalore

Blockchain and Web 3 definitely belong to the future, but must be used for the benefit of humanity. The Karnataka government is also using blockchain technologies in various departments, said Dr. EV Ramana Reddy, Additional Chief Secretary, Karnataka Government.

blockchain hackathon

He was speaking at the 24-hour Building Future Cities hackathon in Bangalore, organized by crypto investment app CoinSwitch in association with Startup Karnataka, an initiative of the Government of Karnataka, and Tejasvi Surya, MP (Bangalore South),

Reddy said he hopes the blockchain hackathon will come up with innovative solutions that can be implemented in government and public service. “We hope to get suggestions and technologies that can take us into the future,” he added.

Vimal Sagar Tiwari, Co-Founder and COO of CoinSwitch, who was present at the event, said, “Blockchain enables participatory development that was not possible before. We can create intelligent solutions that are open and shared and can be implemented at scale without external dependencies. »

The hackathon aims to boost smart blockchain-based solutions to urban problems and received over 1,500 registrations. Over the course of 24 hours, attendees will design and showcase blockchain-based solutions to solve problems in smart mobility, energy credits and trading, decentralized waste management, secure management of digital identities and certificates , efficient and transparent distribution of vaccines, agricultural supplies and supply chain management.

Published on

August 06, 2022

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