86 percent of Indians say they will make digital payments this year, while the country’s digital payments market will be worth $500 bln by 2020.
Statistics reported by Quartz today show the fledgling sector, which benefited from India’s cash crackdown in November 2016, has enormous potential - and Blockchain could play a key role.
“Using Blockchain makes transactions secure, unhackable and transparent. It takes out the middleman, provides real-time online transactions, and data is safe,” Rajashekara Maiya, associate vice-president and head of product strategy at financial data giant Finacle, said in an interview with the publication.
Full story at http://bit.ly/2tJchzE
Source: CoinTelegraph
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