The popularity of blockchain technology has compelled India to take certain steps to establish a Fintech sandbox to enhance blockchain technology. For its proper regulation and working the Reserve Bank of India (RBI) has made an official draft. The draft confirms that this financial service will set the stage to launch new advancements in this sector and also sustain the existing technology. The technology will manage the problems of the consumers effectively and ensure better provision of services to them. Sandbox enables the RBI to better comprehend the innovations and recent advancements in the blockchain sector. ... (full story)