India Now Has One of Largest Web3 Ecosystems in World With Over 1,000 Startups and 35 Million Traders: Report

New Delhi, April 9:슬롯 머신 사이트 추천India now has one of the largest Web3 ecosystems in the world, with more than 1,000 startups and over 35 million traders, a new report showed on Tuesday. The country슬롯사이트™s share of Blockchain developers globally increased from 3 per cent in 2018 to 12 per cent last year, reaching highest share among the emerging markets, according to the report by Hashed Emergent, a Web3 venture capital firm.슬롯 머신 사이트 추천Layoffs Declining? Job Cuts in Tech Startups Dip 60% Between January and March 2024, Companies Laid Off Over 2,000 Employees in Q1, Says Report.

슬롯사이트œThe findings underscore India슬롯사이트™s remarkable ascent in Web3 adoption and shows that it is on a trajectory to become the global leader,슬롯사이트� said Tak Lee, CEO and Managing Partner of Hashed Emergent. 슬롯사이트œWe believe the regulatory environment is evolving slowly in the right direction, and further positive regulatory developments are required to fuel growth,슬롯사이트� Lee added. Generative AI in India: 50% of Indian Government and Public Service Organisations To Execute First GenAI Solutions Within One Year, Says Report.

India reached the top spot for on-chain adoption last year among more than 150 countries. 슬롯사이트œBlockchains have enabled various innovative use cases such as DeFi, real world assets tokenisation, self-sovereign identities, track and trace etc. which were not possible earlier,슬롯사이트� said Krishna Tyagi, Head of Web3 at KPMG in India. In India, there has been an increase in funding of startups in Web3 subsectors of finance, entertainment and infrastructure.