India Blockchain Forum Launched, Aiming to Make India a Global Hub for Blockchain, Web 3.0

Leading influencers operating in the Indian blockchain industry have officially launched the India Blockchain Forum. The forum envisions a model of working with governments, regulators, industry and academia to help build a solid framework to make India a global hub for Blockchain and Web 3.0.

To raise awareness of Blockchain and Web 3.0, the forum plans to “create community chapters across the country to increase awareness and access to global best practices.” As part of this process, the forum will now open membership to all stakeholders with a mission to create the world’s largest Web 3.0 community, he said in a press release.

Agenda

The India Blockchain Forum said in the press release that it has created a comprehensive 10-point program to get started. They are:

1. Build a blockchain stack in India

2. Political advocacy

3. Accelerate the startup ecosystem

4. Support Blockchain Technology Companies

5. Create a Talent Pool for Sustainable Growth of the Blockchain Ecosystem

6. Collaborate with universities and research institutes

7. India Blockchain Use Case Repository

8. Companies on the move to adopt Web 3.0 technologies

9. Feed communities

10. Global Collaboration

The statement said the forum has five founding members and more than 40 key influencers, who set up special interest groups (SIGs) in areas such as central bank digital currency (CBDC), Metaverse, framework policy and others for efficiency. Blockchain adoption in India.

The five founding members have also contributed to multiple Blockchain-related initiatives, including the National Blockchain Strategy Paper released by the Ministry of Electronics and Information Technology in 2021, he said.

The five founding members are Prasanna Lohar, CEO, Block Stack; Pankaj Diwan, Founder and CEO, Idealabs FutureTech Ventures; Colonel Inderjit Singh (retired), Head of Cybersecurity, Vara Technologies; Sharat Chandra, Blockchain Evangelist; and Srinivas Mahankali, Chief Commercial Officer, Secure Kloud Technologies.

“Current members include experts in the field of policy writing, emerging frontiers, such as non-fungible tokens (NFTs), Metaverse and CBDC, cybersecurity, as well as technology architects, global influencers and industry leaders. business adoption of Blockchain and Web3. .0,” the statement read.

Jayesh Ranjan, Principal Secretary, Industry & Trade & IT, Government of Telangana, appreciated the team for creating a platform for effective adoption and growth of Blockchain ecosystem in India.