LIVE | PM Modi At 'The Sydney Dialogue' | Address On Digital Age, Crypto, Info Tech

by GoNews Desk Nov 18, 2021 • 11:23 AM Views 925

Australian Strategic Policy Institute is conducting The Sydney Dialogue where Prime Minister Narendra Modi delivered his keynote address. He stressed that the world is transforming in the #DigitalAge and #Information #Technology #Data, #CloudComputing #Crypto were the new directions of the future.

Modi said that #Cryptocurrency such as #Bitcoin must be leveraged for its benefits and regulated to avoid it "falling into the wrong hands" such as terror financing. Although he also cautioned against the risks of the emergent #tech in terms of #national #security, #terror, and "spoiling" #youth.

The modern #digital era has redefined politics, economy and society, "It is raising new questions on sovereignty, governance, ethics, law, rights and security. It is reshaping international competition, power and leadership" said Modi.

He also said that the greatest strength of #democracy is openness but certain elements seek to "misuse" this openness and that is what all nations must come together to prevent.