 "Algo Rhythm: Global executives yet to see India as leader in blockchain")
While blockchain is seen as the next emerging technology, business executives around the world are yet to see India as a potential leader in this space.
According to a PwC report which surveyed 600 executives across 15 territories, the US will cede its leadership position in blockchain technologies to China sometime in the next five years.
A mere 5 per cent of the respondents saw India as a leader in blockchain currently, which is expected to remain largely unchanged in the next few years.
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In terms of sectors, as expected, financial services continues to drive innovation in blockchain, followed by industrial and manufacturing.
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