Mukesh Ambani spoke on building a digital society

India is rising high in digital innovation and it's nice to see Mukesh Ambani leading the bandwagon of ‘real-time’ innovation. Ambani spoke at an event at Gift City, he spoke about digital society. He explained the four major transformations that he saw during his lifetime where he was part of two of them.

Ambani had started by offering specially thank and commend our visionary Prime Minister Shri Narendra Modi for his inspiring leadership, which has made not only GIFT City, but the “InFinity Forum” possible.


This forum is taking place virtually from the GIFT City, and the GIFT City will be a great place where Digital Technologies, Finance and enabling policy framework merge together to create unique opportunities for technological innovations and new-age start-ups.


These are breakthrough opportunities not only for India, but, I believe, for the entire world. Our Prime Minister thinks far ahead of his time.

Ambani had entered the digital space at a very nascent stage and built a whole ecosystem around it. Despite running a traditional and legacy business, he is all over digital today. He spoke about the importance of real-time, blockchain, smart contracts and boosting finance.

“We have not used the technology fully in the finance segment. The opportunity as I see with emerging techs is the opportunity to make sure that we actually adopt a decentralised model of finance,” he said.  

Ambani bats for real-time and emerging technologies. He says, “It's great that we have moved from T+7 to T+2 and now T+1, but I am a believer in real time. Everything will settle in real-time. Smart contracts will become real. He also added that blockchain is a technology I believe in and it is different from cryptocurrency,”

Ambani has invested billions of dollars in Jio, which is not just a telecom company but a digital ecosystem that also includes payment banks.