Today news
About the same in other media
Web 3.0, blockchain can add $1.1 tn to India's GDP by 2032: Report
Reading now: 990
business-standard.com'Web 3.0' envisions a decentralised future where users and machines are able to interact with data via asmart, digital contracts' over peer-to-peer networks, without the need for Big Tech.
According to the report by crypto and digital asset exchange CrossTower in partnership with US-India Strategic Partnership Forum (USISPF), the digital asset economy's value to India's GDP will grow at 43.1 per cent CAGR (compound annual growth rate) -- from $5.1 billion in 2021 to $261.8 billion over an 11-year period, resulting in a $1.1 trillion contribution to India's GDP.
Digital asset market capitalisation was nearly $1.5 billion in 2013, and stands at about $3 trillion today.
According to the report, most of $1.1 trillion in the total economic
Read more on business-standard.comAbout this in other media
Indian state government to accredit Web2 and Web3 blockchain startups cointelegraph.com /2 years ago
State-Owned Investment Giant Mubadala Invests In Crypto, Blockchain-Based Ecosystem cryptonews.com /2 years ago
Enterprise blockchain to play a pivotal role in creating a sustainable future cointelegraph.com /2 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
