India takes pride in its rich history of scientific achievements and technological advancements, and the celebration of National Technology Day on May 11th provides the perfect opportunity to honor these accomplishments. This special day originated in 1998 when then-Prime Minister Atal Bihari Vajpayee designated it to commemorate the historic Pokhran nuclear tests. Since 1999, the Council for Technology Development has organized annual celebrations, highlighting the contributions of individuals in the technology sector.
National Technology Day in India is closely associated with the country’s nuclear capabilities. The Pokhran tests, consisting of five explosions conducted by the Indian Army in 1998, showcased India’s prowess in the field of nuclear technology. Dr. APJ Abdul Kalam, a highly esteemed figure and often referred to as the ‘Missile Man of India,’ played a significant role in leading this remarkable event.
On the occasion of the National Technology Day, some of the prominent names share their views on challenges and create opportunities for economic growth and financial inclusion.
“India has emerged as a leading player in the adoption of emerging technologies, with numerous start-ups and established companies leveraging new-age technologies like blockchain to address challenges and gaps in the system. According to a report by Grand View Research, the global market for blockchain technology, which was valued at $5.92 billion in 2021, is projected to expand at a CAGR of 85.9% from 2022 to 2030. With blockchain, industries in India can develop new solutions to tackle issues such as supply chain inefficiencies and data security while simultaneously creating opportunities for economic growth and financial inclusion.
However, the successful implementation of new technologies requires taking initial steps, including collaboration between the government and industry players. This collaborative effort can create a regulatory environment that fosters innovation and responsible usage of digital assets. At ZebPay, we are committed to supporting this collaboration and providing a secure and transparent platform for our users to trade digital assets. We believe that by working together, we can unlock the full potential of blockchain technology and drive the growth of India’s economy to new heights.”
“Although we celebrate the 11th May as the day of the successful Pokhran-II tests, I think of this day as one where we refused to compromise on our strong educational foundation that rendered the advancements India has made in technology. We’re the envy of the world and when it comes to blockchain technology. We are not only implementing this technology, but are a major provider of Web3 talents across the globe.”
Although people like Prof. Prasanta Chandra Mahalanobis were considered statisticians, but their thorough skill and education is helping in producing master AI programmers for India, since statistics is a foundational element in AI.
May we continue to invest heavily in blockchain and Web3 education, like the NITI AYOG initiative started by the Indian government that will net us millions of new talent in Web3 and other emerging technologies.”
“In recent years, we have seen a surge of emerging technologies that are transforming the world as we know it. Among these technologies, NFTs are playing a major role in revolutionizing the media and entertainment industry. According to VMR (Verified Market Research)’s report, the NFT market could be worth $231 billion worldwide by 2030. This technology has the potential to transform the way we create, distribute, and consume digital content, providing new opportunities for artists, musicians, filmmakers, and other creators to monetize their work and connect with fans in new ways.”
In India, the rise of NFTs has already begun to transform the media and entertainment industry. NFTs are enabling new forms of digital art creation and providing ways for fans to support their favorite creators. Young creators can monetize their efforts by selling or trading NFTs, further democratizing access for content creators, content consumers, and enhancers. As India continues to embrace this exciting new frontier, we can look forward to a future where art, culture, and innovation converge in unprecedented ways. New age technologies have the potential to empower creators and transform the industry, creating new opportunities and unlocking new possibilities.”
“National Technology Day celebrates the incredible power of technology, and its impact on collectibles is nothing short of revolutionary. Blockchain technology has transformed the digital collectibles industry, offering fans unprecedented security and interactive experiences. This technological breakthrough has created a global marketplace by enabling collectors to purchase, sell, and trade items from anywhere and fostering connections between fans previously impossible. Rario is proud to lead the charge in this digital revolution, offering collectors seamless and secure access to unprecedented experiences. The Rario Inner Circle offers fans an exclusive experience to connect with their favourite players and teams.
Our gratitude goes out to India’s scientific and technological community for their outstanding contributions to the industry on this special occasion. We look forward to a future where technology drives innovation and pushes growth boundaries”
