Friday, July 1

Indian State Government To Accredit Blockchain Startups Web2 And Web3 By CoinTelegraph

© Reuters. Indian state government to accredit blockchain startups Web2 and Web3

The Telangana state government has announced the launch of the India Blockchain Accelerator program to foster early stage Web2 and Web3 startups and blockchain developers aimed at solving real-world challenges. The program will be launched in partnership with the unicorn cryptocurrency exchange CoinSwitch Kuber and Lumos Labs, a technology innovation management company.

  • Indian PM calls for cryptocurrencies to ’empower’ democracy at world summit

In a dialogue with Cointelegraph, Rama Devi Lanka, Director of Emerging Technology and Officer in Special Service (OSD), ITE & C Department, Government of Telangana, highlighted the intention of the state to adopt blockchain projects through multiple use cases:

“Some of the interesting use cases that the state has already piloted on Blockchain include T-Chits (Chit funds on Blockchain), Supply Chain (Seed Traceability), E-voting (Digital Voting Platform built using Blockchain and AI) and more.”

According to the official announcement, the state government’s four-month blockchain acceleration initiative will be open to early-stage Web2 and Web3 startups and blockchain developers. The program seeks blockchain-based solutions to real-world problems across various business verticals, including fintech, entertainment, sustainability, infrastructure and tools, agritech, logistics, and healthcare:

Read the full article on Cointelegraph

Legal warning: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Leave a Reply

Your email address will not be published.