Home News Blockchain India, Russia to Increase Co-operation in Blockchain, Artificial Intelligence

India, Russia to Increase Co-operation in Blockchain, Artificial Intelligence

November 28, 2018 11:50
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India and Russia agreed to increase co-operation in fields such as blockchain network, artificial intelligence, during the first India-Russia Strategic Economic Dialogue which was held in St Petersburg last week.

A statement was issued after the dialogue which said, “Both sides agreed to explore joint working arrangements and pilot projects in healthcare, proposed setting up of a single-window clearance.”

Both the countries also decided to increase co-operation in other fields such as tourism, digital front, financial technology and quantum computing, reported the Times of India. The portal further reported that the Indian side of the dialogue would be led by Niti Aayog vice chairman Rajiv Kumar and the Russian side would be led by minister of economic development of the Russian Federation Maxim Oreshkin.

As interesting as the developments sound, we should note that the official statement did not specifically mention blockchain or artificial intelligence. However, given the Prime Minister’s positive sentiments on blockchain, it can be a possibility.

Last month, PM Modi had said, “New emerging technologies such as artificial intelligence, machine learning, Internet of Things, blockchain, big data will help India move forward, provide employment to people and improve every Indian’s life. Industry is a process and technology is a tool. However, the ultimate goal is to change the life of the last person waiting in the queue.”

Previously also while he was a speaker at the convocation ceremony of Sher-e-Kashmir University of Agricultural Sciences and Technology of Jammu  Prime Minister Modi had said, “The responsibility of helping our farmers rests on the shoulders of the new generation. Agricultural students will add value addition to the farmers in our country. There is one important technology in agriculture-artificial intelligence. In the coming days, blockchain technology will also play a huge role.”

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