RATE Group | Ethereum Can Exist in India despite Crypto Ban, Says Cofounder Joseph Lubin
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Ethereum Can Exist in India despite Crypto Ban, Says Cofounder Joseph Lubin

01 Aug Ethereum Can Exist in India despite Crypto Ban, Says Cofounder Joseph Lubin

Posted at 19:34h in Ethereum News by

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Ethereum cofounder Joseph Lubin has stated that the world’s second largest blockchain network offers a lot more than merely transfer of value through cryptocurrency. Speaking to LiveMint during a July 23, 2018, visit to India, Lubin said that Ethereum is the only genuinely decentralized network apart from bitcoin and that it offers a world of possibilities in India including cloud computing, government service delivery, and database management.

Ethereum and ConsenSys

Joseph Lubin
(Source: Forbes)

Lubin, who is also the founder of blockchain technology firm ConsenSys stated that Ethereum has a major role to play within the increasingly important field of e-governance in India.

He explained that ConsenSys intends to open a full stack regional hub in India carrying out advisory services, educational work, and developing infrastructure for financial institutions. To this end he said, ConsenSys will continue its existing partnership with the Indian Institute of Technology and eventually set up a…

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