Cryptocurrency is here to stay: Paytm founder Vijay Shekhar Sharma

Paytm's Vijay Shekhar Sharma said that cryptocurrency is here to stay.  

New Delhi: Paytm founder and CEO Vijay Shekhar Sharma, on Thursday (November 25), said that cryptocurrency is here to stay and it is fundamentally based on cryptography, the study of secure communications techniques.

The chief of the fintech firm said crypto is Silicon Valley's answer to Wall Street. Sharma was speaking at an interactive session organised by ICC virtually. 

"I am very positive about crypto. It is fundamentally based on cryptography and will be the mainstream technology in a few years like the internet which is (now) part of daily life," he was quoted as saying by news agency PTI.