The US can learn many lessons from India's move towards a cashless economy, a top Silicon Valley expert has said while underlining that India "may have leapfrogged" American technology industry with simple and practical innovations. "India may have leapfrogged the US technology industry with simple and practical innovations and massive grunt work. It has built a digital infrastructure that will soon process billions more transactions than bitcoin ever has," top Silicon Valley expert on digital economy Vivek Wadhwa wrote in an op-e in The Washington Post.
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