Q. Which IIT institute to host the Blockchain summit and hackathon, which will be organised by NITI Aayog?
Answer: IIT Delhi
Notes: The think tank NITI Aayog in collaboration with Proffer, a blockchain startup founded by graduates of MIT and Harvard, will organise a ‘Blockchain Summit’ and hackathon at IIT Delhi from Nov 10-13, 2017. The objective of the event is to explore how blockchain architectures can enable a new digital infrastructure for India, improving efficiency, transparency, privacy, and cost across all sectors. 1,500+ students from IITs, MIT, Harvard, Berkeley, and top engineering institutions around the world will be participating in the event, with 500 attending in-person on IIT Delhi’s campus. Multinational majors that include Microsoft, IBM, Accel, Coinbase, and Amazon AWS are sponsoring $17,000+ in prizes to reward the top 5 blockchain-based applications addressing problems in government/enterprise infrastructure, finance, energy markets, supply chain, decentralized Aadhar identities, information exchange, and more.
This question is part of Current Affairs Daily 20 MCQ Series Course on GKToday Android app.
