Andhra Pradesh to Launch Blockchain Institute, Aims to Lead Asian Market

“The Andhra Pradesh (AP) Government, a branch of the federal government of India which rules the state of Andhra Pradesh, is collaborating with leading technology and Blockchain startups in Singapore and the University of California to establish a Blockchain technology institute.

JA Chowdary, IT advisor at the AP government, stated in an interview that local government officials have completed several preliminary discussions with the University of California (UC). IT advisors and researchers at the AP government will design the Blockchain Institute of Technology based on the agreements between UC and the government.

Chowdary noted that upon its completion, the Blockchain Institute of Technology will assist government agencies, major financial firms and corporations in approaching the Blockchain technology and strategizing various implementations.

Specifically, the AP government believes that the Blockchain technology will be widely integrated into existing government systems, in areas such as e-office, e-cabinet and procurement portals. Researchers at the AP government explain that the Blockchain technology and its decentralized nature will secure sensitive government information from hackers and security breaches.”