Crypto currency followers in India, this is what the Prime Minister said today…
Category
🤖
TechTranscript
00:00Take Cryptocurrency or Bitcoin for example, it is important that all democratic nations
00:13work together on this and ensure it does not end up in wrong hands which can spoil our
00:25youths.
00:39There are five important transitions taking place in India.
00:44One, we are building the world's most extensive public information infrastructure.
00:52Over 1.3 billion Indians have a unique digital identity.
00:59We are on our way to connect 600,000 villages with broadband.
01:09We have built the world's most efficient payment infrastructure, the UPI.
01:17Over 800 million Indians use internet, 750 million are on smartphones.
01:25We are one of the largest consumers of data per capita and have one of the cheapest data
01:34in the world.
01:35Everyone has heard of India's financial inclusion, banking and digital payment revolution.
01:44Recently, we have used technology to deliver over 1.1 billion doses of vaccines across
01:55India's vast geography using Arogya Setu and Covid platforms.
02:02India has the world's third largest and fastest growing startup ecosystem.
02:11New unicorns are coming up every few weeks.
02:17They are providing solutions to everything from health and education to national security.
02:25We are investing in developing indigenous capabilities in telecom technology such as
02:345G and 6G.
02:38India is one of the leading nations in artificial intelligence and machine learning, especially
02:46in human-centered and ethical use of artificial intelligence.
02:53Take cryptocurrency or bitcoin for example.
03:03It is important that all democratic nations work together on this and ensure it does not
03:15end up in wrong hands which can spoil our youth.
03:20We are at a historic moment of choice whether all the wonderful powers of technology of
03:33our age will be instruments of cooperation or conflict, cohesion or choice, domination
03:50or development, operation or opportunity.