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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 Retail Giant Future Group To Support Blockchain Startups

Indian Retail Giant Future Group To Support Blockchain Startups

Indian Retail Giant Future Group to Support Blockchain Startups Future Group, a Indian retail giant has announced the launch of its Future C&D Labs to foster and promote new-age technology startups. The potential applications of blockchain technology in emerging economies like India is huge. The second most populous country is also home to a huge number of startups in a range of sectors. In order to keep up with the current requirements and emerging trends, Future Group a well-known Indian consumer retail giant has launched an accelerator in Bangalore, India. The new Future Group accelerator, named Future C&D (consumer and digital) Lab focuses on some of the popular next-generation innovations in the sectors of artificial intelligence, big data analytics, blockchain technology, Internet of Things, robotics and other allied technologies. According to one of the leading startup tech magazine , the Future C&D Lab provides startups with ready access to necessary infrastructure and facilities to test, experiment and create prototypes of the technologies. Future Groups vast network of outlets and customer base will act as proving grounds for startups to demonstrate and conduct trials of their products. The magazine quotes the CEO and founder of Future Group, Kishore Biyani saying, The Future C&D Lab is aimed at co-creating next generation technologies for the consumer space in India. We are creating an open environment of collaboration with some of the best young Indian minds who are working with new technologies to create solutions that can impact the retail space over the next couple of years. With the launch of Future C&D Lab, Future Group now joins the likes of Microsoft, Amazon, Qualcomm, Cisco and even Apple who have set up their own accelerators and incubators in Bang Continue reading >>

Homepage - Blockchain Capital

Homepage - Blockchain Capital

Enabling entrepreneurs to pursue their passion for crypto and blockchain technology Blockchain Capital was founded in 2013 with the mission of helping entrepreneurs buildworld class companies and projects based on blockchain technology. Our passion isproviding founders with the tools they need to succeed: capital, domain expertise, partnerships, recruiting and strategy. Blockchain Capital is one of the oldest and most active venture investors in theblockchain technology sector, and has financed 72 companies, protocols and tokenssince its inception. We are multi-stage investors and invest in both equity and cryptoassets. Our view is that blockchain technology holds the promise to disrupt legacy businessesand create entirely new markets and business models. Our network of entrepreneurs,investors and advisors brings unrivaled resources to founders who want to leverageblockchain technology to change the world in profound ways. Receive monthly insights into the who, what, where, when and why of the blockchain technology and crypto currency ecosystem from the largest, oldest and most active VC firm dedicated to this bleeding edge sector. Continue reading >>

Future Skills: Indian Pm Announces Education Platform For Blockchain Technology

Future Skills: Indian Pm Announces Education Platform For Blockchain Technology

The Prime Minister of India, Narendra Modi, announced today the formation of a platform aiming to provide education on various cutting-edge technologies.The initiative will be known as Future Skills. Future Skills Platform to Focus on Blockchain Technology The platform was announced today at the World Congress on Information Technology 2018 (WCIT). The event was attended by ICT associations from over 80 different nations. NASSCOM (National Association of Software and Services Companies), Indias main information technology group, are behind the platform. They are hoping to provide the 18 to 35-year-olds of the nation with a better grounding in cutting-edge technologies. A total of eight areas were mentioned. These included blockchain technology. The association have previously held workshop sessions on blockchain technology and readily acknowledge its potential. In a post on their website, they write: While we have witnessed how the Internet of Information has changed our society over the past two decades, we are now entering a phase where Blockchain may do the same by ushering in a new paradigm comprising Internet of Trust and Internet of Value. NASSCOM is also amongst those behind Indias first blockchain special interest group . The goal of this is to explore how blockchain technology can impact various industries, both financial and otherwise. Also today, Narendra Modi Tweeted part of the address he gave to WCIT: Disruptive technologies such as Block-chain and the Internet of Things, will have a profound impact in the way we live and work. They will require rapid adaptation in our workplaces: PM @narendramodi PMO India (@PMOIndia) February 19, 2018 This was shortly followed by a post from Law & Justice, and Information Technology Minister of India, Ravi Shankar Prasa Continue reading >>

Blockchain Intelligence Group

Blockchain Intelligence Group

Executive Chairman / President & CoFounder Shone brings 20 years of experience building complex technologies and software within the IT industry. Shone was co-founder of a scalable web crawler and search engine, and is a Certified Bitcoin Professional. Formerly, Shone acted as Director of... Chief Executive Officer / Director / CoFounder With over 20 years of industry experience in technology-based startups, Lance brings a vast and proven track record for growing and developing multi-million-dollar businesses from the ground-up. His background includes roles as Founder/CEO/... Anthony has over 17 years of experience in finance, investor relations, and corporate development. He is the owner of the full-service corporate communications firm, Senergy Communications Inc, providing investor relations, public relations, and... Kim is President and Founder of Golden Reign and is a Certified General Accountant. She has extensive experience in both the corporate securities industry and in the junior mining sector. She has 17 years experience as Director and/or Officer... Marty has over 20 years of systems administration and programming experience and enjoys complex challenges solving problems with big data intelligence and analytics. His background includes strong Linux and FreeBSD knowledge, experience designing... Director of Strategy and Corporate Development Prior to joining Blockchain Intelligence Group, Tejinder was a Partner with Deloitte & Touche LLP in Vancouver, BC for over 15 years, where he led the Business and Information Technology Risk Services practice.While at Deloitte, Tejinder led... Mr. Whitaker manages the commercialization, implementation and expansion for our QLUE product. As the Director of Forensics and Investigations, Mr. Whitaker has a number of roles Continue reading >>

Canada: India Could Lead 'blockchain Revolution' - Feb. 21, 2018

Canada: India Could Lead 'blockchain Revolution' - Feb. 21, 2018

Related: Cryptocurrency regulation is 'inevitable,' says IMF chief The Indian government has repeatedly warned that virtual currencies have no official backing, even likening them to "Ponzi schemes" earlier this year. Experts believe India could be preparing tough regulations , following recent moves in this direction by China and South Korea . But India is also gung-ho about the underlying technology. Finance Minister Arun Jaitley said recently that the country would "explore use of blockchain technology proactively," even as he was denouncing cryptocurrencies in his annual budget speech. Related: India could be a buzzkill for bitcoin Canada's BRI, whose stated goal is to "build blockchain-based economies around the world," also touted India as the next big frontier for the technology. "We see our coalition with Nasscom as a delightful opportunity to nurture the blockchain community in India," Don Tapscott, the institute's founder and executive chairman, said in a statement. "We strongly believe that India has the potential to lead the blockchain revolution," he added. Canada has become an attractive destination for bitcoin "miners," who use computer algorithms to unearth the virtual currency by solving math problems, as big markets like China crack down on the activity. CNNMoney (New Delhi) First published February 21, 2018: 8:04 AM ET Continue reading >>

Book Blockchain 2018 Tickets, Bengaluru | Tie

Book Blockchain 2018 Tickets, Bengaluru | Tie

Blockchain technology has created waves around the World, bringing transparency and massively reducing costs in sectors like Banking, Finance, Logistics and Manufacturing, among others. And this is only the beginning Blockchain 18 will explore blockchain technologies, its applications and how it will impact the future of business. 3:30 4:00 pm: Registration and Networking 4:15 4:45 pm: Blockchain Transformation: How will it change your business, your industry and the world Speakers: Naganand Doraswamy (Managing Director and Founder, Ideaspring Capital), Kamesh Raghavendra (Vice President, The Hive) 4:45 5:30 pm: Panel with Startups writing the Indian Blockchain Story Speakers: Deepak Natraj (Investor) in conversation withVinayaka Pandit (STSM & Manager - Cognitive Industry Solutions, IBM Research India), Ashish Agarwal (Signzy), Sandeep Sangli (Co-founder and CTO, Easter Egg Transfer) & Varun Nagarajan (Head Of Business Development, KrypC) 5:30 6:15 pm: Panel on Funding & Token Economy with Blockchain Startups Speakers: Satish Mugulavalli (Director Technology, YourNest Venture Capital) in conversation with Akash Gaurav (CEO, Auxesis Group) & Babu SK (President & COO, Leverj) 6:15 6:45 pm: Legality of Blockchain & Token Economy Speakers: Vaibhav Parikh (Partner, Nishith Desai Associates) & Srinivas Katta (Partner, IndusLaw) 6:45 pm: Taking Stock of Blockchain & Crypto Q&A with the Audience + Networking Continue reading >>

'disruptive' Blockchain Tech Requires Rapid Adaptation: Indias Prime Minister

'disruptive' Blockchain Tech Requires Rapid Adaptation: Indias Prime Minister

Disruptive Blockchain Tech Requires Rapid Adaptation: Indias Prime Minister The most powerful public official from the worlds largest democracy has bullishly labeled disruptive blockchain technology to bring seismic changes to Indias society. Speaking at the World Congress on Information Technology (WCIT) 2018 today, Indian prime minister Narendra Modi stated : Disruptive technologies such as Blockchain and the IoT (Internet of Things), will have a profound impact in the way we live and work. They will require rapid adaptation in our workplaces. The countrys foremost politician was speaking at the event attended by representatives of over 80 countries IT industry associations, altogether representing over 90% of the worlds information and communications technology (ICT) industry as the WITSA consortium. During the conference, NASSCOM, Indias primary IT trade association, launched a platform to develop skills in eight varied technologies including blockchain. NASSCOM previously established a special interest group to explore use cases for blockchain technology in both financial and non-financial industries while educating and informing the public about the innovative decentralized technology. In adding to prime minister Modis approach to embrace blockchain technology, Indias minister of law and justice and electronics and IT Ravi Shankar Prasad stated today: Digital empowerment can only happen if there is digital inclusion. With the advent of new technologies like AI, Blockchain and IoT, reskilling of young professionals is critical. The remarks come within weeks of Indias foremost policy-making institute and think tank revealing its endeavor to explore blockchain applications in a number of industries including education, agriculture and healthcare. Last month, the Nat Continue reading >>

Global Blockchain Business Council (gbbc) Incorporates In Geneva, Appoints New Members & Co-hosts Meeting In European Parliament

Global Blockchain Business Council (gbbc) Incorporates In Geneva, Appoints New Members & Co-hosts Meeting In European Parliament

Education:The GBBC is dedicated to serving as an educational hub for anyone seeking to learn more about Blockchain technology and benefit from its transformative power. The GBBC fosters collaboration and dialogue among organizations of all kinds, including educational, operational and/or civic alliances between companies. The GBBC assists companies looking to advance and improve their business using Blockchain technology. Advocacy: The GBBC works with partners from myriad sectors to advocate for the global adoption of Blockchain technology. Standardization:The GBBC is dedicated to crafting thoughtful standards and assisting in the development of such standards across industries. Advocacy: The GBBC works with partners from a broad range of sectors to advocate for the adoption of Blockchain technology and support the development of industry standards that enable more efficient use of Blockchain technology across different regions, Education: The GBBC serves as an educational hub for businesses and regulators seeking to learn more about Blockchain technology and benefit from its potential producing content and events that bring key insights on Blockchain technology to business audiences. Partnership: The GBBC facilitates partnerships between organizations of all kinds, with a focus on building commercial, educational, and civic alliances that support the needs of our members. The internet has revolutionized the way we approach commerce, communications, financial services, entertainment, intellectual property and so much more. Blockchain technology is the Internets missing piece, allowing for any asset to be digitized, transferred and recorded on transparent and distributed ledgers that offer real security. Now anyone with an internet connection can transfer assets directl 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 >>

Blockchain

Blockchain

We are on a mission to build a more open, accessible, and fair financial future, one piece of software at a time. Our technology is revolutionizing the financial services industry by empowering millions across the globe to authenticate and transact immediately and without costly intermediaries. We are on a mission to build a more open, accessible, and fair financial future, one piece of software at a time. Continue reading >>

Bitfury

Bitfury

Secure private and public Blockchain transactions using our proprietary hardware and software solutions. Process private and public Blockchain transactions. The Republic of Georgia has partnered with The Bitfury Group to advance transparency by developing a system for registering land titles using the Blockchain for the National Agency of Public Registry. Hernando de Soto, The Bitfury Group board advisor and economist known for his work on the importance of property rights, will assist with platform development. This pilot project is the first of many property rights registry projects to come. The Blockchain contains an immutable record of every transaction in history, which provides the ability (through big data mining and advanced data analytics) to trace nefarious uses of digital currency. The Bitfury Group plans to partner with law enforcement globally, just as it has with the U.S.-based Blockchain Alliance. The Bitfury Groups vision is that Blockchain adoption can further accelerate as it becomes a technology for the mainstream unhindered by unlawful elements and actively supported by regulators. Lightning is an overlay network to the Bitcoin Blockchain that increases its utility by enabling instantaneous microtransactions. The Lightning Network is among the industrys most important efforts for Blockchain scalability, for which The Bitfury Group is a leading code development contributor. The Bitfury Group plans to build on its analytics capability by reporting public Block statistics and news from around the web that will provide a valuable resource for beginners and experts alike. The Bitfury Groups vision is to demystify the Blockchain through availability of well organized information. The Bitfury Group solution will allow businesses and governments to digitize Continue reading >>

Indian It Trade Association Sets Up Blockchain Special Interest Group

Indian It Trade Association Sets Up Blockchain Special Interest Group

Indian IT Trade Association Sets up Blockchain Special Interest Group Indian IT industry trade association NASSCOM has partnered with startups BlockSmiths and Quatrro to set up a special interest group focused onblockchain technology. Located in the country's capital, Delhi, the new group isaimed to educate and inform the public, while developing various financial and non-financial blockchain use cases , according to local media reports . Harmeet Singh Monga, chief business officer at BlockSmiths, wrote in a statement: "We strongly believe that India has the potential to lead the blockchain revolution in the South East Asian region and help businesses from various industries become highly streamlined and efficient by adopting blockchain." The blockchain grouphas already held its first meeting, with representatives from more than 10 member organizations, including Axis Bank, Deloitte and Nokia, participating. Going forward, the groupplans to focus on blockchain research and development in four areas: fintech, Internet of Things, smart contracts and general blockchain applications. The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies . CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Continue reading >>

Primechain Technologies

Primechain Technologies

Primechain Technologies is a blockchain startup with the mission of building blockchains for a better world. We operate the Bankchain community of banks which has 33 members and 8 live projects. We operate the BankChain community of banks for exploring, building and implementing blockchain solutions. Formed in February 2017 with State Bank of India being the first member, BankChain now has 33 members from across the globe. Bankchain projects include KYC, cross-border remittance, employee background verification, vendor onboarding and financial instrument lifecycle management. The worlds first Blockchain Security Controls (Primechain-BSC) are maintained by Primechain Technologies. Sections of Primechain BSC include: Primary considerations, Blockchain Access Control, Awareness and training, Audit & accountability, Security assessment and authorization, Contingency planning, Incident response, Maintenance, Physical and environmental protection, Risk assessment and Blockchain Integrity. YobiChain, our open source project, enables anyone to build a private blockchain ecosystem preloaded with development tools, database, web & FTP servers and blockchain proof-of-concept applications within minutes! YobiChain is ideal for startups looking to quickly build a blockchain powered prototype, PoC or MVP and in-house teams experimenting with blockchain technology. Continue reading >>

Blockchain And Smart Contracts, Ibm Research - India

Blockchain And Smart Contracts, Ibm Research - India

Blockchain and Smart Contracts, IBM Research - India Blockchain and Smart Contracts, IBM Research - India - overview The Blockchain and Smart Contracts team at IBM Research - India is focussed on reimagining a future world powered by the security, transparency and efficiency provided by blockchain technology. Our efforts are focussed on developing enterprise-grade solution prototypes for various use cases, developing core platform capabilities to meet the requirements of such enterprise use cases, and certain value added services. What is Blockchain? What are Smart Contracts? The media is abuzz with blockchain. Blockchain is an emerging platform for executing transactional services that has the potential to fundamentally transform the way business is conducted in several industries. It is an append-only, shared ledger of digitally signed and encrypted transactions that is replicated across a peer network of nodes. Cryptographic security is used to ensure that participants can only view information on the ledger that they are authorised to see. The shared ledger across the peer network is maintained in sync by running a coordination protocol called a consensus algorithm. Transactions are committed onto the ledger only after consensus is reached, and once committed it can never be changed by any of the nodes unilaterally, i.e., participants cannot rewrite history or deny past transactions. Another fascinating capability of the blockchain is the ability to attach business logic called smart contracts to the transactions. This enables automation of business processes that transcend organisational boundaries in a secure and decentralized manner. The main industries that our team focuses on are international trade and supply chain.Goods, information, and finance are three im Continue reading >>

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