Union Finance Minister Nirmala Sitharaman stated on Friday (November 18) that Web3 will change the way financial information is handled.
The FM stated at the World Congress of Accountants that Web3 utilities such as blockchain, AI, data analytics, and cloud computing will benefit accountants. “When it comes to technology and its adaptation, Web3 is taking over our lives.” “I believe that the way financial information is gathered, processed, and reported will change dramatically,” Sitharaman said at the 21st World Congress of Accountants. According to the minister, Web3 will assist accountants and financial analysts in resolving several issues that are currently plaguing the industry.
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Union Finance Minister Nirmala Sitharaman stated on Friday (November 18) that Web3 will change the way financial information is handled.
The FM stated at the World Congress of Accountants that Web3 utilities such as blockchain, AI, data analytics, and cloud computing will benefit accountants. “When it comes to technology and its adaptation, Web3 is taking over our lives.” “I believe that the way financial information is gathered, processed, and reported will change dramatically,” Sitharaman said at the 21st World Congress of Accountants. According to the minister, Web3 will assist accountants and financial analysts in resolving several issues that are currently plaguing the industry.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
StartupNews.fyi is a leading global startup and technology media platform known for its end-to-end coverage of the startup ecosystem across India and key international markets. Launched with the vision of becoming a single gateway for founders, investors, and ecosystem enablers, StartupNews.fyi has grown steadily over the years by publishing tens of thousands of verified news stories, insights, and ecosystem updates, reaching millions of startup enthusiasts every month through its digital platforms and communities.
