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Blockchain Foundation of India Launched in New Delhi, To Promote Blockchain Related Growth Across Sectors

December 14, 2017 13:45
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In an effort to increase Blockchain awareness among masses and promote blockchain-based initiatives in India, a community called Blockchain Foundation of India (BFI) has been launched.The institute has been launched on December 6th, 2017 in New Delhi, and aims to connect all blockchain based startups, government bodies and blockchain enthusiasts into a single platform. The foundation will help in participating and collaborating in each other’s success this industry.

The participating members of the foundation are Vishnu Chandra – Deputy Director General with NICAshutosh Chadha – Group Director at Microsoft IndiaDipankar Chakrabarti – Executive Director at PwCPadmaja Ruparel – President of Indian Angel Network, Kunal Patel – Advisor at Yes BankHimanshu Bindal – Founder of OneCo.WorkMohit Kalra – CEO at CoinSecureManav Singhal – Co-Founder at Velix.IDSatendra Singh – Head of Strategy and Business Development at NokiaArun Mittal – Director at Exide Industries Ltd.Nilesh Gopali – Country Head for Cloudbuy.

The mission of the foundation is to spread awareness of blockchain technology among masses with a goal to distribute information in a more local context, Build a community and to accelerate blockchain growth.

On its launch, one of the founding members, Mr Manav Singhal from Velix.ID said: “Blockchain is the future of technology itself. We have a lot of talent working with blockchain in India; what we truly needed was a platform to collaborate and encourage. Through the BFI platform, we will be able to accelerate the growth of blockchain technology in India remarkably.”

At present, several Indian Banks and different government agencies have started to experiment with the technology on its future implications. Many public and private sector banks in India have started to implement this technology in cross-border transactions and KYC related process through an initiative called “Bankchain“.

Readers can check their website here: https://www.blockchainindia.com/

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