Cryptocurrency News

Blockchained India Announces Mass Adoption Plan for Enterprises In India

Akshay Aggarwal, one of the co-founders of Blockchained India, an open blockchain enthusiast community, announced its mass adoption plan of Web 3.0 enterprises in India. In the announcement, he said that the vision entails transforming the enterprises of the future.

“Platforms for various kinds of preneurs like Flipkart, Makemytrip and Indiamart will be the new enterprises. Minds aspiring to become the next mover and shaker are working today to create platforms of tomorrow.”

The enterprises of today come with various flaws and one of those being ownership and accountability. Giving an example of one of the platforms, he said more of such problems would surface, and a strike will be needed to maintain a balance in the interests of all the stakeholders.

“A few years back, I had come across this case where a friend had ordered a phone through the online marketplace only to realize at the time of delivery; there was only a stone delivered inside the phone case. Much to his dismay, the platform team brushed off responsibility towards the seller justifying itself as only the mediator in the whole interaction.”

The platform enterprises powered by centralized ecosystem must require a gateway to solve conflicts before they start conflicting with stakeholders’ interest. Decentralization can help tackle the problems by bringing all the stakeholders on a decentralized network with creating a new platform with monopolistic tendencies.

Aggarwal emphasized blockchain’s usefulness in privacy focussed permissioned use cases and that this initiative will enable them to penetrate ahead into the industry. Stating further, he pointed out that many people still don’t believe in cryptocurrencies, and this step will evolve their belief and get it aligned with the created opportunities.

India is increasingly becoming conscious of blockchain technology, and firms are ready to experiment with it. However, the Indian regulatory bodies aren’t paying attention to decentralization or smart contracts, and as a result, Indian technological innovation is progressing very slowly.

Amid the recent hearings by Supreme Court on cryptocurrency ban, RBI disclosed that it didn’t ban crypto. They categorized virtual currencies as a financial instrument and prohibited financial entities from dealing in it. We can only see their frustration while trying to desperately justify their decision. Good times are coming, crypto winter seems to have passed!

Learn more about Blockchained India’s latest event – Blockchain Bytes featuring The Open Application Network on the 15th of February 2020.

India Dapp Fest – India’s Biggest Blockchain Summit of 2019

Blockchained India along with Blocumen Studio’s organized Asia’s biggest blockchain summit which was a resounding success. It was a five-day blockchain conference, held in the Silicon Valley of India, giving the best platform for everyone who is passionate in blockchain talent, networking dais, expert meets and a lot.

After the event was held, multiple roadshows were held nationwide which addressed the trends emerging and aimed to spread awareness about them. This was planned to draft a report for blockchain-friendly rules which can act as the source for those who frame the laws in the country.

Review and Feedback from the industry leaders 

The India Dapp Fest was held for 5 days that consisted of the workshop and hackathon where the Algorand, Chain Security and the Matic Network were the main interactions with the attendees and they did a great job in training, guiding and judging them or the pitching session following next. 

Recently, various industry leaders and experts also praised the India dApp Fest. Along with Anderson Tan – CEO and Founder of Alpha Omega Capital, Siddharth – Co-founder of WazirX, David Casey CEO of NuMundo, other market leaders had given positive statement about this fest. 

Initially, Anderson Tan was unsure about this Fest standards. He was thoughtful about the blockchain progress in India and the level of its participants but soon he became shocked and amazed by seeing advancement of this industry in India. He said, 

“Had an amazing time, it exceeded my expectations.” 

David Casey, CEO of NuMundo was grateful for the ecosystem to come up in Bangalore. He was happy meeting a lot of people and felt that there was a lot of potential and excitement in the industry. The emphasis on enterprise in India was what surprised him the most. He further added, 

“I was grateful to see the ecosystem coming together in Bangalore. It is certainly a very strange moment for India. Much more emphasis on enterprise. The organizer had a great job, really liked it, a great experience and I hope it keeps growing.” 

Naimish, Founder of CoinCrunchIndia noted that the most wonderful thing about the fest was the control and organization. The place chosen was fine and everything was planned and executed brilliantly. 

Prem Kumar, the Blockchain lead at PwC India was happy with the event organization which was integrated into the event rather than make it too much blockchain. He appreciated the individuals who spoke at the event and commended the panel of moderators. 

He experienced that the fest has the flavor of crypto, it has a flavor for enterprise and had subconscious discussion on Blockchain. Further he stated, 

“I think, in my opinion, it’s a good mix, planned well and I think you should think of considering doing a larger event than this.” 

The 3 – day workshop and hackathon from the 11th of June to the 13th of June was held at the IndiQube, a co – working professional space in the garden city of Bangalore and the judges selected the top 8 contestants were provided a chance to pitch in the ultimate idea in front of the potential investors and other set of judges. 

First Day of Hackathon 

The speakers, participants and the mentors marked their attendance at the IndiQube Alpha Building. The day started with a little ice – breaker session followed by an activity of networking. The sponsors of the event were introduced. Following this, the fest committee introduced the key players behind this conference and the driving force for their motive. The room was motivated enough after learning about the resounding efforts from the Blockchained India and Blocument Studios and they were all set to learn and interact more in the coming days. 

The guidelines of the hackathon was informed to all participants and after a meal, the competition commenced. The participants were judged based on their capability to build the best solution of the lot with teamwork. The key facts which one had to focus on were the models that had been tried before and the opportunities that lied to try out distinct approaches. The mentors in the workshop provided a detailed explanation of what works and what not and this made the hackathon more interesting, productive and more contextualized for the participants. 

Second Day of Hackathon 

The day commended with the workshop conducted by Jitendra Chittoda from Chainsecurity. The workshop was interactive and through the session, he talked about the different vulnerabilities in the smart contract system and the auditing process of the same. At 6 pm, the participants submitted their hackathon approaches built on the basis of blockchain technology. The participants were then given 5 minutes to present their pitch and 4 minutes for a Q&A session by the mentors. From this session, 8 teams were picked that were given the opportunity for a final pitch on June 13. 

Hackathon Winners

The winners of the Hackathon were Team AutoMatic and The Matical for the first position followed by, Team CryptoMatics for the second position. They were selected after a 48 – hour hackathon brainstorming contest where the participants tried to fulfill the challenges thrown by the mentors from the blockchain industry. 

First day of the Dapp Fest Conference on June 14th 

The event commenced with the excellent and motivating talk by Nitin Gaur who is the Director (WW), IBM and he spoke about the landscape of different digital assets on a global scale. He talked about how IBM has a vision to explore the blockchain system in depth an the benchmark others can set. 

Later there were two excellent topics on the ecosystems decentralized around the world  and the other on the “Access & Control on the Blockchain: Public, Private and Consortium Models”.

The stage was then taken over the fame of the company, Matic network who explained the benefits of the investment on them from one of the largest exchanges for crypto – currency, Binance IEO, and also from the Coinbase Ventures. The co – founder of Matic Network also informed the audience and motivated them with his impeccable journey with some other minds of acumen. 

The team, speakers and audience of IDF were all set to hear the most amazing aspect ‘Unicorns of Blockchain: Too early in the day?’ that gathered a huge attention from the founders and entrepreneurs of start – ups all over the country.

The first wrapped up, “Draper University Pitch Competition”, which was judged by Akshay Aggarwal who is the CEO of Blocumen Studios and also a  Alumni Ambassador of the Draper University; CEO and Founder of Alpha Omega Capital, Anderson Tan; Blockchain genius and Entrepreneur, and Nitin Gaur who is a Director at Digital Assets WW, IBM. 

The second day of the Dapp Fest Conference on June 15th

As the day2 began the enthu and energy was at the highest after the grand success of the first day. Everyone were extremely eager to take the success of this event further.

Launching the Draft Report for Blockchain-Friendly Regulations

The team also launched a draft report for regulations in blockchain and explained it through slides. It was to get the attention of the nation and explain what exactly the crypto community needs from the country. More than 400 people participated in the report and gave their opinions on different regulations. Out of the people participated, 32% of those were IT professionals, 33% Entrepreneurs, 21.70% were enthusiasts in Blockchain, 8.60% were students or interns and the remaining were researchers, lawyers, investors and journalists. 

Other highlights of the event were ‘Conscious Decentralization’, a session conducted by  Jessica Zatler, inclusive panel discussions on “Crypto Surfing: How to Ride the Waves” and “The Enterprise Diaries, lessons to Iterate On”.

Hearts Won!

It was a wrap for India’s biggest conference in blockchain with a small networking session and a note of thanks for all the attendees. The event did manage to win a lot of hearts and the 3 days of hackathon followed by 2 days of conference was incredible with a wide array of speakers, participants, community members and audience coming together for their passion and dedication to change the eco – system of blockchain in India. 

Can Indian crypto and blockchain community citing India Dapp Fest 2019 convince Law Makers?

The Blockchained India is the largest community to encourage blockchain revolution in India. The team has come up with a mega five-day conference, ‘India Dapp Fest 2019’ in Bengaluru, the Silicon Valley of India from June 11th, 2019 – June 15th 2019. The community aims to present a draft report that is blockchain-friendly, to the governmental authorities, and it seeks to voice all the stakeholders in the industry.

The India Dapp Fest is a follow-up event to it’s Nationwide Roadshow, successfully organized across top cities in the country during the month of March and April.

Throughout the roadshows, more than a thousand professionals have contributed and gathered their insights to prepare blockchain-friendly regulation draft report.

The conference is set to showcase the Dapps and blockchain based platforms at the Hackathon during the first three days of the event  and a more specific and intense conference for people working in the industry seriously, during the next two days.

The venue for the hackathon is IndiQube Alpha Building whereas the venue for event is the Lalit Ashok Bangalore.

The conference is set to outline the:

  • The regulations and what they will mean to the blockchain community in India
  • The best policies that the Government can adopt in the future policies concerning crypto and blockchain at large
  • The display of impacts this will have on the entrepreneurship and innovation circles in the country and more.

As the conference rallies with the immense passion, it can assume adoption and awareness of crypto and blockchain technology which can make the country more successful in this arena. The records on the Internet reveals that the organizers of the Dapp Fest are the same who organized Ethereum’s Joseph Lubin, another exciting event, last year. This time, they are set to bring in the biggest names from the industry, more than 40 in number.

Stay tuned and know more about India Dapp Fest’ via it’s official website – https://www.indiadappfest.com/

All you need to know about the India Dapp Fest’, a mega event on Blockchain

After a lot of hurdles, Blockchained India, which is the largest open blockchain community in India, has finally been successful in organizing the India Dapp fest in the year 2019. This fest will be Asia’s biggest blockchain conference. This event will take place in The Lalit Ashok, Bangalore for a span of five days starting 11th-15th June. The objective of this fest is very simple, inspiring and enhancing blockchain technology and bringing forward the ones who love the concept of blockchain to bring this technology as the future-centric innovation in India. And for the same purpose, the Blockchained India’s team is working hard to attract the best opportunities for blockchain, and the innovative minds to work on this mission.

What’s hot in this event?

Here is the list of programs that will take place in the one week program;

The Hackathon: – The first three days of this mega event are purely dedicated to blockchain workshop and hackathon. First, there will be a workshop that will shower some light on skills and techniques that are used by various platforms of blockchain and guidance of what can be the best use of these techniques and skills to build an innovative solution for blockchain related issues. Isn’t it interesting? If yes, then get ready for the hackathon that will be from June 11th to June 13th. But first, go to the official webpage of India Dapp Fest and register yourself for this event.

The Conference: – After the three-day hackathon, there is a grand conference that you’ll be attending for the next two days. It has some very prominent speakers like Jaspreet Bindra, Sunil Aggarwal, Mohit Mamoria, Kashyap Kompella, and many more. However, if you haven’t registered for the hackathon event but really want to attend this, it is simple. You will have to register yourself by visiting the India Dapp Fest website.

What’s More? : –

The focus is on Public Blockchains, Conscious Decentralization, Permissioned Blockchain, and Startups that work on blockchain along with launch of Reports of Digital Asset Regulations Policy.

For more details, visit the India Dapp Fest 2019 website – https://www.indiadappfest.com/

10 Rising Topics India Dapp Fest Bringing up in upcoming Blockchain Conference

India Dapp Fest 2019 is just around the corner, giving chills to blockchain enthusiasts and developers. It will be held from 11 June to 15 June in Bengaluru.

This year, there will be more than 40 speakers, including Jessica Zartler ( blockchain anthropologist),Nitin Gaur (Digital Assets WW, IBM),Jonathan CJ (Co-Founder, Ledger Atlas), Sandeep Nailwal (Co-founder & COO, Matic Network) and Sam Noble (CTO, EOS Dublin).

Some of the main highlights of the events are the hackathon, workshops, and interactive session with more than 15 trainers, mentors, and judges.

Promoting decentralized applications by talking about the growth of blockchains in the Indian ecosystem, on the last two days of the fest; and some light will be shed on the following topics –

  1.  Conscious decentralization

Decentralizing the digital world so that everyone interested can contribute an idea.

  1.  Public blockchains

Creating computing strategies that grow in an open blockchain.

Why do you need to grant access to everyone?

  1.  Startups in the public blockchain space

An analytical approach towards any idea to classify it as public or private blockchain worthy type.

  1.  Blockchain as a service

Introduction to companies that provide blockchains as a service.

The reason to go for private blockchains.

  1.  Launching Digital Asset Regulations Policy Report

The security of data over block chains for the authoritative responsibility of approving transactions.

  1.  Shark Tank Style Pitch OR Startups Showcase

Problems faced by investors and challenges that arise at the developers level.

  1.  Data Security & Privacy

Details on immutability of digital data via the blockchain technology.

  1.  Women in blockchain

Assessing growth of a community by providing overall tools to understand blockchain.

  1.  Current State of the Indian Blockchain Ecosystem

How blockchain is it’s own entity and not limited to being a synonym to crypto currency.

How is the technical market to dive into something like blockchains.

  1. Blockchained India Initiatives

Blockchained india is the largest community of block chain enthusiasts. The reluctance of people after the ban on crypto currency and establishing a comfort zone by providing information on blockchains is their focus.

The dapp fest is the most prestigious conference of blockchained India, and the very platform for networking.

This awareness spreading spree is about to start and you shouldn’t be miss it – https://www.indiadappfest.com/