India Blockchain Forum which started as an informal group of top key influencers of the Indian Blockchain Ecosystem was formally launched on 21st August at T-Hub, Hyderabad by Mr. Jayesh Ranjan, Principal Secretary, Industry & Commerce and Information Technology, Government of Telangana.
India Blockchain Forum has been started with a vision to make India a global hub for Blockchain and Web3.0.
India Blockchain Forum envisages a collaboration model with governments, Regulators, Industry and academia to help build a holistic framework for the right adoption of blockchain and web3.0. It shall also create community chapters across the country to increase awareness and access to global best practices.
The forum has created a comprehensive ten point agenda and shall serve as a unified platform for –
1. Build India Blockchain Stack
2. Policy advocacy
3. Accelerate startups Ecosystem
4. Support blockchain Technology companies
5. Create a Talent pool for sustainable growth of blockchain ecosystem.
6. Collaborate with Academia and Research institutes
7. India Blockchain Use Case Repository
8. Handhold corporates to adopt web3.0 technologies
9. Nurture Communities
10. Global Collaboration
The founding members of India Blockchain Forum are –
1. Prasanna Lohar, CEO, Block Stack,
2. Pankaj Diwan, Founder & CEO, Idealabs FutureTech Ventures,
3. Col Inderjit Singh, Chief Cyber Security Officer, Vara Technologies
4. Sharat Chandra, Blockchain Evangelist and
5. Srinivas Mahankali, Chief Business Officer, Secure Kloud Technologies
The founding members have been contributing to multiple initiatives related to blockchain including the National Blockchain Strategy document released by MEITY, Government of India in 2021.
The forum has more than 40 key influencers and is setting up Special Interest Groups (SIGs) in areas such as CBDC, Metaverse, Policy framework etc. for effective blockchain adoption.
The current members include experts in the field of policy drafting, emerging frontiers like NFTs, Metaverse and CBDC, cybersecurity, technology architects, global influencers, and leaders in enterprise adoption on Blockchain and Web3.0.
The India Blockchain Forum will open membership to all stake holders with a mission to create the world’s largest web3.0 community.
India blockchain forum also signed an MoU with SucSeed Indovation.
Speaking on this MoU signup, Mr. Prasanna Lohar, Co-founder and President of India Blockchain forum stated, “As part of this MoU, SucSeed Indovation will provide funding to startups discovered by India blockchain forum and the key influencers of India blockchain forum will mentor the startups invested by SucSeed indovation.”
Speaking on the occasion, Mr. Jayesh Ranjan appreciated the collective effort of India Blockchain Forum team in creating an all-inclusive platform for scaling adoption of Blockchain technology in India and supporting the overall growth of ecosystem.
Speaking on this occasion, He also announced that Telangana government is going to launch a web3.0 regulatory sandbox soon, to allow startups build solutions around tokenization, NFTs and similar new frontiers. This sandbox will help create a meaningful dialogue amongst all the stake holders including regulators, startups, and policy makers to arrive at a nuanced approach in evolving an effective web3.0 framework.
India blockchain forum will work closely with such initiatives and contribute in building the new web3.0 economy. Speaking on this Mr. Sharat Chandra, Co-founder of the India Blockchain forum said that “We are working closely with all stake holders in bringing out position paper with a set of recommendations for a Web3.0 sandbox”
One of the key concerns articulated by Industry leaders and startup entrepreneurs in recent times has been the talent shortage in web3.0 domain. Speaking about it Mr. Pankaj Diwan, co-founder, India Blockchain forum announced “India blockchain forum will soon launch certificate programmes with leading industry and Academic partners to build a talent pool in emerging technologies like Blockchain, Metaverse and web3.0”
The India Blockchain Forum has opened membership to all stake holders with a mission to create the world’s largest web3.0 community.