BFSI, public sector, start-ups spearhead blockchain business in India

BFSI, public sector, start-ups spearhead blockchain business in India
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  • BFSI sector in India has been using blockchain to solve a number of interesting use cases.
  • Indian IT and BPO industry's trade association Nasscom and a leading global management consulting firm, Avasant, recently came out with a report that shows the role of Indian start-ups, BFSI and public sectors in adopting and spearheading blockchain technology and associated businesses.
  • There are a wide range of use cases to be addressed by blockchain service providers and start-ups which makes things optimistic," opines Sangeeta Gupta, senior vice president and chief strategy officer, Nasscom, talking about blockchain ecosystem in India.
  • Customers use Travel Ezee, a travel insurance application of Bajaj Allianz, to buy travel insurance and claim settlements in case of flight delays.


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