Transtar Industry is one of the top 5 IT sector sectors in India, and it has recently become a hub of blockchain technology.
With the help of blockchain, it is expected to be the biggest IT industry in the country by 2021, according to a report published by Deloitte India.
According to the report, it expects the sector to see a rise in revenues from Rs 1,500 crore to Rs 2,500 crores in 2021, and a revenue increase of 50 per cent to 50 per to 50 times in the first year of the scheme.
Transtar has a big opportunity in this sector, especially when it comes to the use of blockchain to manage their operations.
The company recently completed the first phase of its blockchain technology in Hyderabad, which has a large population of young professionals.
The project, which was funded through the Global Start-Up Grant, was implemented using the Transtars Blockchain platform.
The platform, which is available on smart phones and tablets, can process transactions in real time.
“We are planning to build out a new platform which is able to process all transactions, both traditional and digital, and make them transparent,” CEO of TranStar Industry Ravi Vats said.
He added that the technology could be extended to other industries as well.
“I think the opportunity is great for us,” he added.
A major challenge for the sector is the lack of clear standards and standards in the sector.
A recent example of this is the state of the industry in India where companies like TranStars are struggling to stay afloat.
In 2017, the company was listed on the BSE exchange, but only days later it was listed again on the stock market.
The listing was for Rs 3,500, which means it only cost Rs 1.25 lakh to list on the exchange.