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Indian Companies In Blockchain

Top 20 Blockchain Development Companies | Developers In India, Usa, Europe |2019

Top 20 Blockchain Development Companies | Developers In India, Usa, Europe |2019

Top 20 BlockChain Development Companies | Developers In India, USA, Europe |2019 Indian Blockchain development companies are building secure apps for businesses in various domains. Today, most of the financial apps are reinvented using this technology. So, if you want to create a secure application, it will be a good choice to hire top blockchain developers in India. However, there are plenty of them out there and it is a time consuming task to choose the right tech partner. Hence, I have selected the top Blockchain development companies. To shortlist the top firms, I have considered the following parameters**- The CIS is one of the best blockchain development companies that ensures the success of its clients and partners through highly optimized block technology and at the same time improves the quality of life of their staff and their community. It approaches the blockchain and neighboring technologies that include smart contracts, a distributed ledger and a shared ledger. CIS provides a number of offers that help in the acceptance, integration and knowledge of blockchain networks. They also contribute to the core strength of blockchains in other relevant technology areas to enhance their value. When searching for on top Blockchain developers in India, ValueCoders can be your exact match. It is an Indian company focused on one thing, ie Custom Software Development Services. With more than 13 years of business experience and 450+ developers, they have been working with startups, software product companies, digital agencies to help you simplify your IT outsourcing experience and reduce time to the market. ValueCoders will help you with all the best Blockchain development services having top blockchain developers for your company needs, such as the use of G /L transacti Continue reading >>

Nasscom Teams With Blockchain Institute For Digital Economy

Nasscom Teams With Blockchain Institute For Digital Economy

NASSCOM Teams with Blockchain Institute for Digital Economy Feb 22, 2018 at 09:00 UTC|UpdatedFeb 22, 2018 at 12:31 UTC One of India's leading tech industry organizations is partnering with the Blockchain Research Institute (BRI) to help spur a digital economy within the world's second most-populous nation. India's information technology trade organization, the National Association of Software and Services Companies (NASSCOM) will work with BRI researchers backed by the Canadian government to help developers learn more about blockchain platforms in preparation for creating and launching tools within the nation. To that end, the two groups have signed a memorandum of understanding (MoU) establishing a financial and research partnership. According to media platform INC42 , each organization will invest in webinars and other types of seminars whereby researchers within the BRI can share their knowledge using case studies with Indian government departments and other entities. NASSCOM chairman Raman Roy said that, while he is delighted to launch a research initiative, he understands that encouraging blockchain use in the country will be a long-term effort, rather than "a plug and play we can do tomorrow," according to the International Data Group's CIO India . To this end, the MoU splits the research push into two parts, said BRI's Don Tapscott. He explained: "We need to create an awakening in India, showcase the power of blockchain and we can do this by looking at incentives/discounts to organizations who do this. That's phase one." Phase two would build a blockchain institute in India, which will be specifically aimed at helping grow the digital ecosystem in the state of Telengana, according to INC42. CNN reports that this center would "provide high-end technology capabili Continue reading >>

India's Blockchain Revolution Goes Beyond Banks Into Land Records And Private Firms

India's Blockchain Revolution Goes Beyond Banks Into Land Records And Private Firms

India's Blockchain Revolution Goes Beyond Banks Into Land Records And Private Firms Opinions expressed by Forbes Contributors are their own. Legal experts in India believe the country's real estate industry could radically transform if blockchain was used to document land record transactions. (Photo Credit: PRAKASH SINGH/AFP/Getty Images) With digital adoption gaining traction in India, blockchain technology has caught the fancy of many. While blockchain technology continues to see sustained support from Indian banks, state governments and private companies are increasingly exploring blockchain for improved governance, enhancing efficiency of business processes, and ensuring transparency. Blockchain technology began gaining prominence in the country following the emergence of bitcoin. While the legality and veracity of cryptocurrencies is being debated in India, technology companies have begun shifting focus to the utility of blockchain technology. Specifically, Indian banks have been experimenting with blockchain technology by developing in-house Proof-of-Concept projects. According to a PwC report , 56% of Indian businesses are inclined to make blockchain a part of their core business, and three key areas that the technology will impact are payments and funds transfer infrastructure, digital identity management and post-trade settlements. However, the allure of a distributed ledger system is extending well beyond the financial services sector. Specifically, the implementation of blockchain in property transactions would be revolutionary in India. Land titles in India do not guarantee an owner his complete rights. Moreover, property transactions are done on paper and not updated very often, leading to innumerable property disputes. According to a paper published by PR Continue reading >>

Indian State Government Launches Countrys First Blockchain District

Indian State Government Launches Countrys First Blockchain District

Indian State Government Launches Countrys First Blockchain District The government of the Telangana, a southern Indian state, is partnering with a major IT firm to establish a district exclusive to blockchain startups in the states capital city. The Telangana State Information Technology, Electronics and Communication Department (ITE&C) has inked a memorandum of understanding (MoU) with multinational IT services giant Tech Mahindra to establish what is being billed as Indias first Blockchain District. As reported by financial news daily the Economic Times, the Blockchain District will function as an incubator for domestic blockchain startups and companies to develop real-world applications of the decentralized technology. Specifically, the government-backed physical premises of the district will be situated in Hyderabad, the states capital city known for its technology-forward agenda over the last decade. Telangana government is proud to pioneer the first of its kind Blockchain District in India, the states IT minister KT Rama Rao was quoted as stating. With support from Tech Mahindra, we envision to set a global benchmark in providing cutting-edge Blockchain technology solutions and platforms across industries. Notably, the state government has pledged to provide both regulatory and policy support for companies and startups in the sector to promote the integration of blockchain technology domestically and beyond. Coinciding with the launch of the space is Tech Mahindras own announcement to launch a major blockchain project in the district. Dubbed the Eleven01 Protocol, the project aims to deliver a government-compliant platform for startups to build decentralized applications capable of performing over 10,000 transactions a second, an announcement by Tech Mahindra rea Continue reading >>

India Is Betting On Blockchain, But Can It Help Your Business?

India Is Betting On Blockchain, But Can It Help Your Business?

Blockchain technology has applications beyond fintech | Source: Pixabay India is betting on blockchain, but can it help your business? BLOCKCHAIN technology is gaining traction across the world as new applications for the technology are found every other week, both within and outside the realm of financial services. India, Southeast Asias third-largest economy, is also hoping to utilize the cryptography-secured distributed ledger technology. In his 1st of February budget speech , Indian Finance Minister Arun Jaitley said the government would explore the use of blockchain technology to usher in the digital economy. Its clear blockchain has huge potential. But for companies thinking of adopting the technology, where do they start? Hoping to fill a gap in the market, BlockSmiths , thefounder of Indias First NASSCOM Blockchain Special Interest Group (SIG), recently partnered with Xebia to provide blockchain solutions for Indian companies to make their processes and products more efficient and secure. Tech Wire AsiasHeidi Vella spoke to the companys chief business officer, Harmeet Singha Monga, to find out how Indian firms can get involved with blockchain. What is so exciting about blockchain for businesses? Every once in a while, there comes a new technology that has the potential to transform the world fundamentally. For any innovation to become a revolution it has to equally benefit the masses to such an extent that it becomes an irreplaceable part of their lives. Take the example of the PC revolution. In its early days, there were only a few hobbyists who understood its potential. But now, as we know it, computers have become an inseparable part of our lives and we cannot even imagine a day without them. We saw the same happening with the mobile and Internet revolution. Continue reading >>

Blockchain Solution Explored By Indian Insurance Companies

Blockchain Solution Explored By Indian Insurance Companies

Swiss blockchain startupProxeushas named Dr. Christian Katz,former CEO of the SIX Swiss ... Blockchain Solution Explored By Indian Insurance Companies Announcements , Blockchain , Innovation | January 5, 2018 By: David Pimentel Thirteen Indian insurance companies have joined forces on a blockchain project to create a central repository of policy-holder data. The goal of the project is to help rein in costs for companies running medical tests and evaluations. The project also aims to ensure confidentiality and security of the data collected from individuals. The Indian insurance companies including HDFC Life, India First Life, and Canara HSBC OBC, among others teamed with IBM and Cateina Technologies to create a blockchain solution. The solution is designed to help insurance companies to work on common areas of interest. It will improve business by providing customer KYC (know your customer), claims history, medical records, and agent track records, while flagging fraudulent transactions. The group said that a whole lot of work has to be done in KYC, medical underwriting, financial underwriting, etc, when a customer buys insurance. Duplication of these procedures can be avoided by having the entire data set on blockchain. Subrat Mohanty, senior executive vice president and head of strategy at HDFC Life, said that the technology has the potential to change the way financial services transactions are carried out. He added that blockchain would reduce inefficiencies and provide a record of information that can be accessed in a secure manner. RM Vishakha, CEO of IndiaFirst Life Insurance, said that the insurance industry can leverage blockchain technology in a significant way to transform their processes across the insurance value chain, such as claim fraud detection and cl Continue reading >>

Top 10 Blockchain Development Companies India | Blockchain Developers

Top 10 Blockchain Development Companies India | Blockchain Developers

Top 10 Blockchain Development Companies India | Blockchain Developers We recorded best driving blockchain development companies in INDIA represented considerable authority in creating Crypto coin, Bitcoin, Blockchain based applications Top 10 Blockchain Development Companies India | Hire Blockchain Developers The blockchain is a standout amongst the most popular, creative financial application on the planet. According to the current measurements, there are more than 14 million BC wallets are enrolled in 140 nations. Blockchain application is accessible in Google play store and also Apple app store and it works consummately fine on Windows, Mac OS, and Linux. With the high normal rate of 4.4, this wallet has more than a great many downloads on Google Play. Blockchain technology is an open and shared database that primarily capacities in a decentralized system set-up. You can without much of a stretch include and exchange any sort of data at whatever point you need, and it will likewise ensure your information in an ideal way. Blockchain application development ended up plainly well known these days. There are different highlights can be seen in the application what makes simpler to exchange the digital currency. On the off chance that we consider the security lost and hacking the application or the accounts, at that point, don't stress on the issue. Remembering, the security, and possession ensured when it built up carefully. We recorded best driving blockchain development companies in INDIA represented considerable authority in creating Crypto coin, Bitcoin, Blockchain based applications and also provide complete blockchain solutions that incorporate Application Development and Services, Payments and Wallets for ventures like Supply Chain, Banking, Financial administra Continue reading >>

Flashback 2018: Blockchain Still A Buzzword In India Amid Cryptocalypse

Flashback 2018: Blockchain Still A Buzzword In India Amid Cryptocalypse

Flashback 2018: Blockchain still a buzzword in India amid cryptocalypse It has been a year of mixed fortunes for blockchain in India. In the build-up to the new year, the distributed ledger technology had garnered a lot of attention, and was considered a panacea for trust deficit and security threats. Early in 2018, however, the technology was called into question -- especially in the context of cryptocurrencies or crypto-assets for which blockchain is the underlying system -- and this set the tone for the rest of the year. Countries such as Estonia, Georgia, the UAE, Sweden, the US and the UK had already taken the lead in pioneering blockchain applications in the public sector in 2017. According to a PwC-Ficci report, Dubai, which recently committed to transitioning all government transactions to blockchain by 2020, estimated that, using the technology, it could save nearly 100 million pages of documents generated in paperwork each year, 25.1 million hours of productive time and nearly 411 million kilometres of travel time for its citizens. Buoyed by the global success of blockchain-led governance and public-sector programmes, the Indian governments think tank, Niti Aayog, had already started looking into India-based applications of blockchain. Some states in the country were also looking at developing state-level public programmes based on the technology. Andhra Pradesh, for example, announced a partnership with the Swedish firm ChromaWay11 to secure citizen data on a blockchain, besides exploring blockchain use in various other fields such as smart cities and transport. The Institute for Development and Research in Banking Technology (IDRBT), established by the Reserve Bank of India, had published a white paper on the application of blockchain technology in the bank Continue reading >>

India's National Stock Exchange Trials Blockchain E-voting For Listed Companies

India's National Stock Exchange Trials Blockchain E-voting For Listed Companies

India's National Stock Exchange Trials Blockchain E-Voting for Listed Companies The National Stock Exchange of India is testing a Hyperledger-based blockchain platform developed by Elemential Labs to conduct e-voting. The National Stock Exchange of India is trialing a Hyperledger-based blockchain platform to conduct e-voting for listed companies The National Stock Exchange of India (NSE) is testing a blockchain platform developed by Elemential Labs to conduct e-voting for listed companies, local news outlet Hindu BusinessLine reports September 27. The NSEs pilot will entail tokenizing voting rights and using the blockchain platform to connect the firm, registrar and transfer agents (RTA), and the regulator. Hindu BusinessLine notes that tokenized votes are both easy to transfer and to proxy, and the test will reportedly be used to evaluate how easy it is to audit the entirety of the voting procedure using blockchain. Sankarson Banerjee, CTO of projects at NSE, is quoted as saying that the blockchain system offers features that can bring the exchange closer to an environment of improved corporate governance and compliance, outlining that: The immutable nature of blockchain will ensure that every action taken by a network participant is transparent to the regulator. Additionally, the smart contract framework enables synchronisation of the vote count process between the company and the regulator in real time. Elemential Labs platform uses the Hyperledger framework, and NSE will reportedly take charge of developing and managing the front-end application of the system. Elemential CEO Raunaq Vaisoha echoed Banerjee in advocating for blockchains power to ensure regulatory compliance in real time and to offer highly transparent and clear corporate governance, which he consider Continue reading >>

Top Firms In India Exploring The Use Of Blockchain Despite Unclear Regulations In The Country

Top Firms In India Exploring The Use Of Blockchain Despite Unclear Regulations In The Country

Top Firms in India Exploring the Use of Blockchain Despite Unclear Regulations in the Country January 16, 2019 By Jeremy Wall 0Comments India, home to over 1.2 billion people and titleholder of the worlds fastest growing economy, has seen a plethora of sometimes unclear regulations and restrictions pertaining to the emerging blockchain and cryptocurrency industry. For months, therewere rumors that Indias central bank was issuing their own cryptocurrency and was going to lighten up their stance on digital assets until the Reserve Bank of India botched the idea. Indiascentral bank commanded all banks to stop serving crypto exchanges last year, but now Indian officials are pushing for the creation of a strict framework for the growing digital assets space. There is clearly a lot of uncertainty in Indias cryptocurrency and blockchain sector, but despite this uncertainty, large conglomeratesand banks in India are still eyeing cryptocurrency or at least blockchain technology as a viable way to manage their finances. Indias Biggest Conglomerates Explore Blockchain Technology According to a report published by the India Times , top Indian companies are currently trialing blockchain technology toreconcile accounts, make payments, keep proper records, and manage internal funds. Speaking on the matter,Sai Venkateshwaran, a partner and head of CFO advisory at KPMG in India, said : Several large companies are evaluating various use cases of blockchain, including in areas such as managing intra-group transactions and as a logical extension, looking at its use as a group treasury management tool for more efficient cash and working capital management. These large Indian conglomerates experimenting with blockchain technology want to avoid a situation like the IL&FS takeover , where the Continue reading >>

Are Any Indian Software Companies Working On Blockchain Technologies?

Are Any Indian Software Companies Working On Blockchain Technologies?

I actually had made a list for myself some time back, so check these out: 1 Auxesis - Have a variety of products & solutions ranging from IOT, Supply Chain to Cross Border Remittances (Mumbai, Lucknow, London, California) 2 Signzy - Offer digital trust solutions based on AI and blockchain to Banks (Bangalore) 3 Darwin Labs - BlockSmiths (Blockchain products for businesses), Satoshi Studios (Incubator For Blockchain Startups Of Southeast Asia) (Gurgaon) 4 Hashcove - Wallet on phone to store vital information on blockchain (Chandigarh) 5 KrypC - Build blockchain products for enterprises (Bangalore) 6 Primechain Technologies Pvt. Ltd. - Manage the BankChain community, flagship product is Primechain-CONTRACT , a private permissioned blockchain - powered solution for contract management (Pune) 7 Psi Phi Global - Build blockchain products (Bangalore) 8 RecordsKeeper - Blockchain based Record Keeping Solution for Everyone (Gurgaon) 9 MindDeft Technologies - Blockchain Development Services Provider (Ahmdebad) 10 Sofocle - Custom Blockchain Technology Applications Development (Noida) Follow me for the latest in Blockchain and Cryptos! I even have a youtube channel for the same : Continue reading >>

Top 10 Blockchain Companies In India - Applancer

Top 10 Blockchain Companies In India - Applancer

The blockchain is the buzzword of the 21st century. The forecasters have revealed that the Blockchain technology will disrupt most of the industries. The world is changing at a very fast pace and it is unavoidable to dismiss the technological advancement. As a result, the business houses in India are also tilting towards the use of this modern day technology. There are news reports stating that Mahindra and IBM are collaborating together to search Blockchain technology for capturing supply chain and logistics. Moreover, in this year only ICICI bank started working to adopt Blockchain in order to further the motive of expanding the digital banking. The Make in India initiative coupled with the digitization schemes is working to amalgamate Blockchain technology with the Indian market. Though the technology is still in its blooming days and needs time to mature, though young entrepreneurs are sensing opportunities in Blockchain supported startup ideas. A blockchain can be described as a digital ledger of records which can be shared. It is very safe and all the data is arranged in blocks. These blocks are primarily constantly updated lists which cannot be changed. The database of records automatically adds the developments after every 10 minutes whenever any alteration is made. This database is basically distributed over a network of computers called nodes. Every node documents or duplicates the information on the block. As a result, whenever the data is updated, retrieved or verified, the past record is available publically and easily accessed. In this article, we will discuss the top 10 blockchain companies in India: HashCove facilitates in analyzing, authenticating, designing and developing end to end software with the help of Blockchain. The Blockchain Products Company Continue reading >>

13 Indian Blockchain Startups To Watch Out For In 2018 [startup Watchlist]

13 Indian Blockchain Startups To Watch Out For In 2018 [startup Watchlist]

Mail Google Pinterest Reddit Pocket Hackernews This article is part of Inc42s Startup Watchlist annual series where we list the top startups to watch for 2018 from industries like AI, Logistics, Blockchain etc. Explore all the stories from Startup Watchlist series here . For every Google user, Wikipedia and Google Docs, to a lesser extent, are active participants in their daily lives consumed on the Internet. Both Wikipedia and Google Docs (shared) are accessible to anyone and can be edited by multiple users across the world simultaneously, a technology very similar to the blockchain. However, unlike blockchain which is a distributed ledger concept, both Wikipedia and Google Docs have a centralised database and are controlled by their corresponding authorities which can shut it down anytime they want. Banks, on the other hand, while enabling payment transfers remain the controlling authority, even if they have nothing to do with a payer/payees money. Author Jessica Guziks in her story Blockchain: A Love Story says, Its convenient to trust a bank, or any third party, to control the ledger, but that convenience comes at a price. As you know, your transactions are subject to the banks fees, terms, and timelines. During the great financial crisis of 2007-2008, when one of the largest investment banks, Lehman Brothers broke down, and other leading banks Merrill Lynch, AIG, HBOS, Royal Bank of Scotland, Bradford & Bingley, Fortis, Hypo Real Estate, and Alliance & Leicester were set to follow (Until the US government made a $7.7 Tn bailout ); this made the users clear that even after paying all the fees and service charges, their money is neither safe nor guaranteed. A perfect stage set for developers to come up with an alternate solution where nobody would dictate or control Continue reading >>

Banking On Blockchain

Banking On Blockchain

Aarti Dua New Delhi Print Edition: December 31, 2017 Think of a situation where a bank's know-your-customer (KYC) check on a corporate customer fails to show up a suspicious transaction done by the company with another bank. What if banks could share and also monetise corporate KYCs, including investigation reports and cross-border wire transfer reports, on a real-time basis, on a secure, private, immutable and consensus-based shared digital ledger? Similarly, how much simpler would life become for a manufacturing company mired in input credit claims under the goods and services tax (GST) if its system automatically generated and shared pre-reconciled invoices with all its suppliers over a seamless and secure cryptographic ledger that is replicated and synchronised? This could help the company save hundreds of crores of rupees stuck in working capital currently. Thirty banks and non-banking finance companies (NBFCs) in India and the Middle East including State Bank of India, ICICI Bank, Axis Bank and Yes Bank, are set to share corporate KYCs and more through BankChain - a blockchain consortium set up by financial technology firm Primechain Technologies. BankChain, now rechristened Primechain Money, is going live with five blockchain platforms that include cross-border remittances and peer-to-peer money transfers, and the banks should start using them real-time from February 2018. Besides, IBM is working on an invoice management blockchain solution for manufacturing companies to tackle their GST woes. Like their global counterparts, Indian companies and financial institutions are rapidly taking to blockchain - the indelible ledger technology that became popular for powering the digital cryptocurrency bitcoin. And, they're realising that there's more to it than bitcoin o Continue reading >>

Blockchain Company In Bangalore | Best Blockchain Companies In India | Blockchain Development Company | Blockchain Solutions Consulting - Appiness Interactive

Blockchain Company In Bangalore | Best Blockchain Companies In India | Blockchain Development Company | Blockchain Solutions Consulting - Appiness Interactive

Crypto-currency, Bitcoin, distributed ledgers, block mining, nonce, zero-fee online transactions- Blockchain is changing the computing world, for better. Satoshi Nakamoto, acronym, probably, while solving the problem of double-spend in online transactions, would have never thought, that the simple invention is going to change the way the world looks at digital transactions, forever. The concept they built - Bitcoin - and the technology they built it on, an ever growing chain of blocks, Blockchain, has now grown into something that is changing technology for good. I think the internet is going to be one of the major forces for reducing the role of the Government. The one thing thats missing, but that will soon be developed, is a reliable e-cash. Blockchain is the tech. Bitcoin is merely the first mainstream manifestation of its potential. Blockchain democratised creation of currency, with Bitcoin (BTC). Another similar platform, Ethereum, gave us an even more advanced concept, called smart contracts. Smart contracts gave us truly decentralised, human-independent systems like Distributed Autonomous Organisations(DAO). Multiple crypto-currencies with inter-operation/transaction capabilities are built with Initial Coin Offerings(ICOs), to raise funding for blockchain based startups. Blockchain is changing the way technology is solving problems across domains. On domains ranging from banking and FinTech, to government systems and education, blockchain is creating systems that have the potential to disrupt the current way of business. This is the biggest thing that hit the world, since internet itself. And Appiness is right at the center of it. We are building the future with Blockchain now. A revolutionary product that may change the way we look at banking transactions. A h Continue reading >>

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