Telangana govt releases draft blockchain policy

The Telangana government has released a draft blockchain policy under the overall IT policy, focussing on attracting firms and encouraging startups working in the field, a government official said Saturday.

Block-chain is a very relevant technology. (There are) many areas where this technology is proving to be a real game-changer, a government official told PTI.

The main features of the policy include how to attract firms working on block-chain to Telangana, encouraging start-ups in block-chain in the state and the technology's use in government processes whereever there was scope, he said.

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The draft policy has been posted on the internet, inviting comments, suggestions from all stakeholders, he said. The useful suggestions would be incorporated in the final policy, he added.