World Web3 Stakeholders to Discover Collaboration with Indian Tech Ecosystem at India Blockchain Week 2024

Bangalore, fifteenth October 2024: High worldwide Web3 gamers are coming to India Blockchain Week (IBW) from thirtieth November to eighth December 2024 in Bangalore, to foster purposeful collaboration with the Indian innovation ecosystem. Returning this yr with over 100 thrilling occasions, IBW is the nation’s first-ever multi-chain platform catalyzing mass adoption of blockchain innovation throughout industries. A number of the occasions embody the flagship IBW Convention, IBW chain-agnostic Hackathon, IBW Web3 Demo Day, ETH India Hackathon, and extra, bringing collectively the brightest minds within the Web3 ecosystem together with policymakers to create a conducive surroundings for cross-border partnerships.

The Indian authorities’s rising deal with blockchain innovation has pushed initiatives just like the Nationwide Blockchain Framework (NBF) to reinforce info safety, transparency, and effectivity for digital governance and repair supply. Launched beneath the identical initiative by the Ministry of Electronics and  Info Know-how (MeitY), the Vishvasya Know-how Stack affords Blockchain-as-a-Service (BaaS) by way of information facilities throughout Pune, Hyderabad, and Bhubaneswar, supporting varied permissioned blockchain purposes. These efforts replicate the federal government’s dedication to advancing and implementing blockchain options.

Hosted by Hashed Emergent, a Web3 Enterprise Capital agency, the 2-day flagship IBW Convention will happen on the 4th and fifth of December on the Sheraton Grand Bengaluru Whitefield Resort & Conference Heart, internet hosting distinguished audio system together with Sandeep Nailwal, Co-founder of Polygon, Avery Ching, Co-founder and CTO of Aptos, Keone Hon, CEO of Monad, and Chen Fang, COO of BitGo. Alongside Indian policymakers, entrepreneurs, and builders, the convention will facilitate discussions on India’s vibrant tech expertise, its market adaptability for technological developments, and the evolving regulatory panorama.

Avery Ching, the Co-founder & CTO of Aptos Labs, commented, “India is residence to extremely proficient builders and leaders who’re advancing web3 in exceptional methods. It’s inspiring to see the influence builders in India have had on all the Aptos ecosystem, and I hope to see extra builders after our activation at IBW this yr.”

“India is at a singular inflection level in Web3 adoption, with its thriving developer group, dedication to entrepreneurship, and tempo of financial exercise. I’m excited to talk about alternatives for Monad Labs to collaborate with the native Web3 ecosystem in advancing blockchain innovation,” added Keone Hon, CEO of Monad.

A session panel, led by the Division of Financial Affairs (DEA), is at present collaborating with trade stakeholders, together with consultants, firms, and the general public, to determine rules for cryptocurrency in India. IBW Convention will act as an important platform for dialogue between policymakers and trade consultants, offering a roadmap for India’s potential on this sector.

“As a number of India Blockchain Week Convention, we’re dedicated to amplifying India’s thriving web3 panorama on the worldwide stage,” mentioned Tak Lee, CEO & Managing Accomplice of Hashed Emergent. “Our objective is to foster collaboration throughout the Indian ecosystem by bringing collectively native innovators and world stakeholders. We’re excited to return with the second version of IBW, persevering with our work to nurture and develop the web3 group in India and different rising markets.”

India’s innovation ecosystem is fueling world blockchain development contributing to over 12% of the world’s Web3 builders and housing greater than 1,000 startups, in response to a joint report by Hashed Emergent and KPMG India. To additional drive this momentum, IBW Demo-Day on December 4th will highlight 15 main Indian Web3 startups, showcasing their initiatives to an viewers of traders, founders, and builders. ETH India Hackathon, operating from December 6-8, will host over 1,500 builders, making it one of many nation’s largest Ethereum hackathons. The IBW Hackathon will see 250+ members, with the highest ten initiatives competing for prizes and an opportunity to current at IBW2024 Convention. 

With sponsors like Polygon, Aptos, Starkware, and Starknet Basis, IBW 2024 Convention will unite the most important ecosystems of start-ups, builders, and traders within the world web3 trade. Final yr’s IBW Convention featured Vitalik Buterin (Ethereum), Jayant Sinha (Former Member of Parliament), Sebastien Borget (Sandbox), Charles Guillemet (Ledger) amongst others as audio system.

About India Blockchain Week (IBW)

India Blockchain Week (IBW) is India’s largest collection of blockchain and Web3 occasions, set to unify the worldwide and native blockchain communities from November thirtieth to December eighth, 2024. With over 100 occasions, together with the IBW2024 Convention, ETHIndia,  IBW Demo-day, IBW Hackathon, and different networking alternatives, IBW supplies a platform for thought management and collaboration throughout the blockchain ecosystem.

About Hashed Emergent

Hashed Emergent is the enterprise capital arm of Hashed, backing builders from India and rising markets shaping the on-chain frontier. It invests on the earliest levels of a web3 startup’s journey, utilizing its experience, expertise, and community to amplify their development and success. The workforce is rooted within the cultural hubspots of web3 in rising markets, spanning throughout Bangalore, Seoul, Singapore, Lagos and Dubai. Hashed Emergent drives web3 targeted ecosystem and group enlargement in these markets by way of its purpose-built initiatives.