Multibillion Indian retailer invests in Blockchain Technology

Lara Abdul Malak 4 May 2017

Less than a minute

Blockchain and Crypto News MENA DUBAI UAE

Future Group, a multibillion Indian Retail chain is launching the first digital lab with $15.5 million accelerator fund and will be investing in Blockchain. This is happening in Bangalore, the tech capital of India. The aim will be to enhance retail payment, unique customer identification, personalized one to one customers exchanges etc.. Future Group founder CEO Kishore Biyani stated, “The lab is aimed at co creating next generation technologies open environment of collaboration with best Indian minds

Lara Abdul Malak

Lara has been a journalist and writer in the technology field since her graduation from AUB majoring in political science. She has had career in corporation communications in the telecom sector and was part of the launch of first 3G network in the GCC and MENA region. Since her return to journalism she has been focused with passion on blockchain, tokenization, crypto focusing on the GCC and MENA region. Lara worked with Unlock Blockchain until 2022.