India's Richest Man Mukesh Ambani: Believe in Blockchain and Support DeFi

At the InFinity conference in December, Mukesh Ambani, chairman of Reliance Industries, India's largest conglomerate, promoted India's cryptocurrency law and explained that India could lead the development of blockchain technologies and Challenge.

An honest believer in blockchain

At a conference hosted by the International Financial Services Center Authority and Bloomberg Asia, India's richest man Mukesh Ambani spoke about supporting blockchain technology.

Ambani mentioned the unprecedented security and reliability that blockchain networks can bring, along with the ease of automation and performance of a wide range of industries.

“Blockchain is a technology that I believe in. It's different from cryptocurrencies. I think smart tokens can ensure that the transactions you make remain unchanged. In today's world, it still is. easier for big business to make money. Small business to make money. "he said," it's harder to buy, and people. I think that's all going to change. "

He stressed that blockchain technology is important for a just society based on trust, and emphasized the use of blockchain technology to create high quality products and promote business development. .

Optimistic aboutChallenge

In addition to key blockchain technology, Ambani also spoke about technologies such as DeFi. He believes DeFi is an area worth paying for for many years to come, as the blockchain financial model can operate without banks, exchanges, etc., brokerage firm, or other financial institution taking action. as an intermediary.

In this regard, he expressed his belief that the integration of distribution and blockchain technology, smart tokens and the integration of physical and digital through the Internet of Things support and reassess the financial system.

“And over the past 100 years, we've developed financial reform as a very important model. I think there will always be a central government and central bank rules. will solve very technological problems. Today our world is still rich. business, and tough for small businesses for money and people. "

Indian Crypto Law Support

Currently, the Modi government in India is trying to pass regulations on cryptocurrency operations in India. Ambani spoke about it and expressed his support for the Indian government.

He said: “We are about to launch a cryptocurrency bill… I think we are on the right track. What makes me happiest is that we are cooperative, open and productive. all.

Mukesh Ambani Childhood Stories Plus Untold Biography Facts

Mukesh Ambani was born in Aden, Yemen in 1957 and now lives in Mumbai, India, and is the chairman of Reliance Industries Group, a Fortune 500 company.

Mukesh Ambani became Asia's first richest man in 2007 due to a surge in Reliance products, and in April 2021, with a net worth of $ 84.5 billion, he was ranked No.10 among “Forbes World's Richest People 2021”. The richest man in India and the richest man in the world One of the richest men. His deep business and passion to take it to the next level have made him one of the legends and idols of Indian businessmen.

Mukesh first obtained a bachelor's degree in chemical engineering in India and later studied at Stanford University for an MBA. However, after leaving school to help his father develop his business, he expanded his business into petrochemicals, distribution and processing. Communications, starting with the textile industry, became the largest private enterprise. Indian woman to hold power in the country. Guidelines for the development of petroleum exploration, finance, biotechnology and communications.

His father had great power over him. He once said, “For my father, life is a life of peace and justice is his life, but some of my memories are spending time with him. Even if he's not busy. , many, Sunday was a day for his wife and children. I try to do the same for my family. "

A few years after their father's death, Mukesh and his younger brother Anil, graduates of the Wharton School of Business, had a business dispute, and their mother's relationship led to a separate split between the two. However, Anil worked with Ericsson in February 2019 to help his brother Anil seek a net worth of around 463 million euros when he was found guilty of defamation in court.

Mukesh was married to Nita Ambani and they have two sons and a daughter. He owns 'Antilia', a 27-story private house worth around $ 1 billion in Mumbai. It was voted the greatest house in history, but was abandoned due to poor feng shui and gossip.

Finally, we present two sentences of "Chicken Soup" from the richest man in India.

“It's understandable, we all struggled constantly because we never got what we wanted. The most important thing I really learned was how not to give up, because the first attempt won't be successful. "

“I personally believe that technology is the greatest driving force behind human success. If technology can be used to help people, it is the best way to do business. "