The chairman and managing director of Reliance Industries (RIL), Mukesh Ambani, has endorsed the Indian government's proposed data privacy and cryptocurrency legislation. Mr Ambani, a proponent of Indians owning and controlling their own data and the country crafting strong laws around how digital information is handled and shared, said India was implementing the most forward-thinking policies and regulations. India's richest man also stated that he believes in blockchain technology, claiming that it can provide unprecedented security, trust, automation, and efficiency to nearly any form of transaction. He said these a few days ago during an interview at
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