Various state governments in India are conducting trials for blockchain technology within their departments, to test its efficiency and effectiveness
Tarusha Mittal
January 04, 2022 / 08:36 AM IST

Cryptocurrency | PC-Shutterstock
According to a research report titled “Blockchain Market with COVID-19 Impact Analysis, by Component, Provider, Type, Organization Size, Application Area And Region – Global Forecast to 2026” the global Blockchain market is projected to grow at a compound annual growth rate (CAGR) of 68.4 percent. However, the Indian market has grown over 39 percent in the past 5 years. Crypto has been a major contributor to this growth, though the technology is still at a nascent stage.
The growth of…