The union budget of 2018, very evidently pictures a positive growth that the government has shown towards digitalization in India. Their push towards the research efforts in Artificial Intelligence is a smart step taken by Mr. Arun Jaitley.
The blockchain can be an effective technology and I feel that exploring Block Chain Technology for payments is a brave step taken by the government. I am excited for the development of this remarkable and useful technology in our country, as it is in fact increasingly being implemented by a vast number of industries. At the same time, it can be an attractive target for cybercriminals. Some cyberthreats have been inherited from e-payments, such as changing the address of the destination wallet address during transactions and stealing an electronic wallet, among other things. Therefore, we should remain vigilant to stay secure.