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Digital Age: National Technology Day is a day to recognize and celebrate innovation and advanced technology, which has contributed significantly to the country’s growth story. Today Prime Minister Narendra Modi laid the foundation stone of several projects worth over Rs 5,800 crore. This program was organized at Pragati Maidan in Delhi. From the development of indigenous missile technology to the establishment of a world-class research institute, today technology is playing an important role in every field. On the 25th anniversary of National Technology Day, let us know what the experts of the industry have to say on this subject.

Innovation is the need of the hour

Govind Soni, Co-Founder and CTO of CoinSwitch, says that we must remember the transformative power of innovation and its ability to shape our lives in a meaningful way. Technology creates new possibilities and improves our world. In terms of crypto and its underlying blockchain technology, we are already seeing this play out through the ongoing Web3. Today, companies and governments are harnessing the power of blockchain to create secure and transparent systems across various industries. Blockchain technology could potentially revolutionize how we do business, store data and even vote. In the coming years, we can expect to see a boom in the real world utility of this technology and reap its benefits. Vikram, CEO, Talent500 says that this is an occasion to acknowledge the tremendous contribution of our tech community in the progress of the country. As the world grapples with the pressures of recession and economic uncertainty, India’s tech industry is displaying remarkable resilience.

AI will be the future of technology

Kapil Kapoor, Chief Product and Technology Officer, Credable, explains that technology is a constant driver of change, with developments in the metaverse and generative AI. These new technologies enable businesses to create and improve offerings, increase productivity, and contribute to the betterment of humanity. Cloud and 5G have boosted computing power and network connectivity, defining the scale and speed of the digital age. Advanced technologies such as artificial intelligence, machine learning, cloud computing and biometrics are transforming the financial services industry, allowing fintechs to drive greater efficiency and create more value. AI is also one of them which will play a big role in the development in times to come. On the other hand, when we talk to the CTO of Ikart about the impact of technology on common life, he tells us that today is a reminder of how technology has the power to influence and transform lives and livelihoods. Is. The agriculture value chain is undergoing significant transformation due to the emergence of cutting-edge technologies such as artificial intelligence (AI) and machine learning (ML).