TNPSC Thervupettagam

India’s first Blockchain District

August 5 , 2018 2308 days 1068 0
  • Telangana State Information Technology, Electronics and Communication department (ITE&C) signed Memorandum of Understanding (MoU) with Tech Mahindra to launch India’s first Blockchain district.
  • The MoU was signed at International Blockchain Congress 2018 held in Hyderabad.
  • Blockchain is decentralized incorruptible digital ledger for storing data across peer-to-peer network. It decentralizes information without it being copied.
  • This database is not stored on physical servers but on cloud, which makes it easy to store unlimited data

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