September 26, 2017- India’s biggest ever Blockchain event, “Blockchaining
India’s Digital Future – Blockchain and ICO”, concluded on a highly successful
note in Mumbai. The day-long event aimed to increase awareness and knowhow on
blockchain technology and its implementation across various sectors of the
Indian economy.
Innov8 in association with Indian Blockchain Council have planned to conduct a
series of such events to shed more light on different aspects of blockchain
technology. In order to achieve this objective, they have partnered with In2IT
Technologies, the leading IT consulting and services company to build a
community over Blockchain Technology across India. The events are scheduled to
take place in the next 3 months across all major cities in India including
Delhi, Bangalore, and NCR, among others. The underlying idea is to open Indian
Blockchain Council chapters across all major cities and build the developer and
enthusiast community for Blockchain in India. The event in Delhi will be held
on October 7, 2017.
Deloitte-Assocham report, published in April 2017, the disruptive potential of blockchain,
with its decentralised ownership, immutability, and cryptographic security, is
now catching the attention of top executives across industries. Moreover, according
to the global research firm MarketsandMarkets, the Blockchain market is
estimated to grow from $210.2 million in 2016 to $2.31 billion by 2021. With
increasing awareness regarding the huge range of benefits associated with
moving their operations to the Blockchain-as-a-Service (BaaS) platform,
enterprises aim to solve complex, real-life problems using blockchain platforms.
the occasion, Vishal Nigam, Co-Founder/CEO Blockstein and Chairman Indian
Blockchain Council said, “2017 should be the year where there is more
implementation of products utilizing blockchain tech, and less talk about
blockchain tech being the magical pixie dust that can just be sprinkled atop
everything. Of course, from a customer’s viewpoint, this will not be obvious as
blockchain tech should dominantly be invisible – even as its features and
functionality improve peoples’/business’ lives. I personally am familiar with a
number of large-scale blockchain tech use cases that are launching soon/2017.
This implementation stage, which 2017 should represent, is a crucial step in
the larger adoption of blockchain tech, as it will allow skeptics to see the
functionality, rather than just hear of its promise. Blockstein is one that
startup who will be launching various products and solutions within 2017 over
blockchain and cryptocurrency.”
event successfully positioned itself as an interactive platform where startups,
technologists, finest minds of the fintech ecosystem, thought leaders, analysts,
and blockchain enthusiasts from across the globe shared their knowledge on one
of the most sought after technologies in the world – Blockchain. During the
event, Indian Blockchain Council (IBC) has joined hands with two startups over
the conference to help them build the solutions over Blockchain. Moreover, IBC
and Blockstein have got together to start the developer community for building
the blockchain technology ecosystem globally.
Council said “IBC and
Startup India must join hands together in order to build the most stable
blockchain ecosystem across the world. IBC being the official chapter for
Blockchain Technology across country plans to join hands with all the state
government in order to build the solutions over it. We are also now focusing
over the Smart Cities and how blockchain will be an effective technology that
can be helpful to build better solution for the Smart Cities.”