Cryptocurrency News

First Day Hackathon Highlights of India Dapp Fest 2019

Blockchained India and Blockumen studios presented the Blockchain Hackathon of India Dapp Fest, 2019 which kick-started on Wednesday. It is taking place at IndiQube Alpha building, Varthur Hubli in Bengaluru.

Several eminent speakers and mentors participated in this event. The first day started with a workshop on hacking, and over 90 participants attended this workshop. The first day was all about getting to know each other, and each one was supposed to share about their expectations out of attending this event. Most of them were very excited and wanted to explore in depth about blockchain ecosystem with India Dapp fest.

The first session was the ice breaker round, followed by a networking session. This session was all about the network, which was followed by introducing the eminent sponsors of the event. Pioneers from the core companies in the field like Matic Network and Algorand blockchain project talked to the participants about their journey in the field of blockchains and how they were able to create a name for themselves. It was a walk through their successful journey.

Co-Founder and CEO of Matic Network, Mr. Jayanti Kanani, along with the VP of Marketing, Mr. Chandresh, spoke to the participants on the current trends and state of their venture. They talked about all the support they have been receiving from industry leaders of Binance and coinbase cryptocurrency exchange.

Gokul B Alex, who is the Brand Ambassador at Algorand which was founded by Silvio Micali who himself was a Turing Award-winning cryptographer, talked all about Algorand. He explained how it worked and how it acted as a better-distributed ledger, it’s scalability and the proof of work it has been doing all this while. He also talks about how they have been redefining the standards of blockchain technology.

The workshop on Algorand and Matic Network took place under the guidance of Naveed, Head of Engineering at Algorand for Algorand blockchain project and Mr. Ravindra Kumar who is the CTO at Instadapp for Matic Network.

Some of the other recognized sponsors include:

  • Draper University
  • ChainSecurity,
  • MeitY – Government of India (Ministry of Electronics and Information Technology),
  • Ledger Atlas,
  • IndiQube
  • PrimeTrade,
  • CoinDC.

As a part of the next session, all the sponsors were introduced. After which Team India Dapp Fest introduced the brains and the brawn behind the fest itself. Blockhained India and Blockumen Studios get the credit for organizing such a huge blockchain event.

After a sumptuous meal, all the guidelines of the hackathon was shared with the enthusiastic participants who couldn’t wait to kick start the hackathon.

Blockchained India takes a leap for India’s Blockchain Space

Blockchain and Cryptocurrency are still confused terms in India, but it’s enthusiasts are seen to be solving the jigsaw puzzle one step at a time. One such Blockchain group in India, Blockchained India is taking the forefront in terms of the most vital topic – regulations.

Blockchained India’s co-founder, Mr. Akshay Aggarwal, was invited by Swissnex for a  delegation to learn more through in-depth discussion about Blockchain technology.

Aggarwal is examining real-time use cases related to the blockchain ecosystem in Switzerland , in order to showcase and include it in India’s Blockchain friendly draft report. The primary purpose is to bring forward how technology like Blockchain is more of an advantage in revolutionizing a country like India. India currently faces several problems in terms of centralization of powers and corruption.

The Swiss tour includes discussions with respected Swiss government officials, Venture Capitalists, and communities to learn and share issues facing India.

India’s Much Needed Step for Blockchain

The Indian government’s confused state of what Blockchain is, and not understanding the technology behind it has left the Blockchain and Crypto enthusiasts of the country taking matters in their own hands.

Akshay Aggarwal highlighted in a previous article about the enthusiasm about Blockchain in India. Aggarwal said, “We have found Delhi and Bangalore to be the most mature ecosystems. The enthusiasm, especially in Delhi, is another level altogether. Though when you look specifically at enterprise blockchains, Hyderabad comes quite close to Bangalore. This is due to the initiative of the Telangana government to form a blockchain district.”

India Dapp Fest 2019

Blockchained India’s initiative of one of the most essential and vital events for Blockchain revolution in India- India Dapp Fest is expecting 600+ blockchain developers, 1200+ attendees and Crypto lovers from around the world, and the Indian public understanding more about India’s potential utilizing the technology.

India Dapp Fest 2019 will be held in the Lalit Ashok, Bangalore from the 11th to the 15th of June.

Hackathon & Workshop organized on 11- 13th June

Blockchain Conference organized on 14-15th June

You can book your seats here – https://www.indiadappfest.com/