Which state has proposed to set up the first 'Blockchain District' in India?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. Telangana.
The state proposed to set up the first ‘Blockchain District’ in India - Telangana
1. On 4th August 2019, The Telangana state government signed MoUs with Tech Mahindra, Nucleus Vision, and Eleven01 Foundation to launch India’s first Blockchain District.
2. Blockchain is a distributed ledger technology that stores information across multiple systems securely and such data stored and distributed cannot be copied, hacked, or tampered with.