Hoping to Solve India's Banking Dilemma, Amit Bhardwaj Releases New Ebook

There are many problems in India, most of them stemming from the burgeoning financial issues that are bogging down its society. As India begins to surpass China in terms of population, its economy is one of the worst in the world with poverty with 35% of households don’t have a nearby water source and another 85% of villages don’t have a secondary school (how can this be the same government claiming 9% annual growth?). And this report was as of 2013.

People are beginning to see that there needs to be a change. The government has exacerbated things by taking away most of the country’s physical currency and replaced it with a paperless banking system. This means Indians are required to have bank accounts, yet more than 200 million Indian citizens still don’t have one, much less access to technologies that would make such a system feasible. On the other side of that coin, the service fees for doing business with most Indian financial institutions is as high as 15 percent.

The Answer to a Growing Problem

Even with all of these challenges there are those who are pushing for some sort of social reform, especially in educating people of the various options people have other than relying on a corrupt banking system, amassing huge amounts of debt they know are helping in destroying the already fragile economy. One of these people who are battling the system is Amit Bhardwaj, an active serial entre[reneur whose goal it is to educate his fellow Indians on a new and growing concept (not really knew, but now taking on some renewed interest by many): Blockchain and Bitcoin.

As the creator of the world’s first functional Blockchain and cryptocurrency system wrote in his white paper:  

Bhardwaj’s New Groundbreaking Book

So what is the big deal about Bhardwaj’s new book? Well, for one, it challenges the status quo. It educates people on how easy the whole process is – educates them on the power and freedom it offers while maintaining far greater security than normal banking structures.

About his new ebook Bhardwaj stated:  “Blockchain and cryptocurrencies are set to transform the world with their efficient solutions. However, the promise and power of cryptocurrencies remain to be unleashed meaningfully – as limited awareness across stakeholder categories plays spoilsport. My book has a simple objective – making the readers realize that blockchain is just like the internet or a motorbike – one doesn’t need to know the underlying technology to use it. The book empowers readers with requisite knowledge of the concept of blockchain and helps them appreciate its massive potential.”

And, honestly, I think that many people around the world feel him on that. And with “hundreds of thousands” of virtual copies sold in India and throughout the world, it definitely shows that Amit Bhardwaj’s hard work is paying off. From his first startup HighKart to GBMiners (a Bitcoin mining startup), to his actively investing in other mining startups, he has shown the world that change can happen, we only need to apply ourselves.