Blockchain- A New So­lu­tion to Un­em­ploy­ment in In­dia

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In or­der to fur­ther dig­i­tally strengthen the In­dian econ­omy, Fi­nance Min­is­ter Arun Jaitely in his bud­get speech has men­tioned that tech­nolo­gies like Ar­ti­fi­cial in­tel­li­gence, ma­chine learn­ing, and blockchain tech­nol­ogy and like will es­tab­lish a coun­try level pro­gramme to re­search new de­vel­op­ments in this field. Also, for ush­er­ing in dig­i­tal tech­nol­ogy, the govern­ment of In­dia will take proac­tive steps to­wards ex­plor­ing the blockchain tech­nol­ogy.

Coin­lancer is one such plat­form for the clients as well as the free­lancers in blockchain tech­nol­ogy. Coin­lancer has been listed in EtherDelta, HitBTC and Cryp­topia. Coin­lancer, a de­cen­tral­ized dig­i­tal cur­rency, is usu­ally a con­nec­tion between the two peers. Amongst many blockchain com­pa­nies, Coin­lancer is gen­er­at­ing sig­nif­i­cant in­ter­est in the in­dus­tries in In­dia. Bud­get 2018 in In­dia clearly boasts of op­por­tu­ni­ties in cre­at­ing jobs or em­ploy­ment through var­ied sec­tors. The idea of free­lanc­ing will surely lead to make this a turn­ing point in In­dia. Blockchain tech­nol­ogy can be used in mul­ti­ple sec­tors through in­vest­ments. For im­ple­ment­ing its pub­lic poli­cies and var­i­ous schemes in In­dia, Coin­lancer has adopted such tech­nique by con­sid­er­ing the pri­or­i­tized needs for mak­ing ser­vices avail­able through digi­ti­sa­tion. Coin­lancer is one such plat­form where big en­ti­ties, firms’, etc. can en­able safer, faster and cheaper trans­ac­tions dig­i­tally. All the trans­ac­tions are com­pleted in a trans­par­ent man­ner.

Dhaval Parekh, Founder, COIN­LANCER- a blockchain plat­form for ef­fec­tive free­lanc­ing, says, “We ap­pre­ci­ate the pro­posal pre­sented by our hon­ourable fi­nance min­is­ter dur­ing his bud­get speech that aims to dig­i­tize In­dia even more. The use of blockchain will surely help the coun­try gen­er­ate more jobs for free­lanc­ing. Job cre­ation is an in­te­gral fo­cus area of the govern­ment and ac­cep­tance of blockchain is the first step to­wards it.”

To re­alise the ben­e­fits at the in­dus­try level, Coin­lancer and its com­peti­tors, con­stantly keep ex­plor­ing busi­ness op­por­tu­ni­ties to im­prove their busi­ness as­so­ciates and sub­sidiaries. Thus, blockchain tech­nol­ogy will help add a feather to the Fi­nance Min­is­ter’s vi­sion by cre­at­ing more jobs through free­lanc­ing.

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