The Kanpur Growth Authority (KDA) is all set to signal a Memorandum of Understanding (MoU) with IIT-Kanpur on Monday to discover alternatives in blockchain expertise and to onboard the establishment as its “data associate”.
“With efforts by KDA vice chairman Arvind Singh, KDA is about to develop into the primary improvement authority to make use of blockchain expertise. The MoU will likely be signed on Instructor’s Day (September 5),” mentioned an official.
“A gathering between Singh and IIT Professor Dr Manindra Agrawal was held on Saturday and selections concerning use of the expertise by KDA have been taken in the course of the assembly,” mentioned the official. “Blockchain expertise is meant for use for the comfort of most people and to guard KDA properties from fraud and for straightforward / clear use of every property,” mentioned KDA Public Relations Officer S B Rai.