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India: Crypto, Web 3.0 and blockchain can help push India’s economy by $1.1 trillion
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A new era of technology is upon us and India surely does not want to miss out on this, especially when it can leverage it to boot its economy. This point was brought up in a report released by US India Strategic and Partnership Forum [USISPF] and CrossTower which suggested that $1.1 trillion of India’s economic growth in the next 11 years can come from digital asset opportunities.
As per the report, India can move to adopt Web 3.0 to make use of digital assets and blockchain technology, which is self-sufficient for digitizing the financial stream.
The president of USISPF, Mukesh Aghi stated,
“India is poised for growth to become a USD 5 trillion economy by 2024-25 as envisioned by Prime Minister Narendra Modi. Digital assets are expected to
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