An Indian government policymaking body is eyeing the potential applications of blockchain technology across various sectors.
As part of that process, the National Institution for Transforming India, known as NITI Aayog, is developing a proof-of-concept to explore blockchain in key sectors including education, health and agriculture, the Economic Times says.
An anonymous senior government official reportedly said that blockchain's promise in secure document verification is the primary reason for potential adoption of the tech.
While India's government has been largely skeptical on cryptocurrencies, it has looked on blockchain technology more favorably.
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