🌟 Exploring the Upcoming India Blockchain Week (IBW) 🌟
Bangalore, 15th October 2024: Major players from the global Web3 landscape are set to gather in India Blockchain Week (IBW) from 30th November to 8th December 2024 in Bangalore. This event aims to promote meaningful collaboration within the Indian innovation ecosystem. This year, the event returns with over 100 vibrant activities, establishing itself as India’s inaugural multi-chain platform that accelerates the widespread adoption of blockchain technologies across various sectors. Essential highlights include the main IBW Conference, a chain-agnostic Hackathon, the IBW Web3 Demo Day, ETH India Hackathon, and various other engaging events. These activities will unite the leading minds in the Web3 space with policymakers, fostering a favorable condition for international partnerships.
📈 Government Initiatives Supporting Blockchain Innovation
The Indian government’s increasing commitment to advancing blockchain has led to the introduction of several initiatives, such as the National Blockchain Framework (NBF). This initiative seeks to improve transparency, security, and digital governance efficiency. Furthermore, the Vishvasya Technology Stack, initiated by the Ministry of Electronics and Information Technology (MeitY), provides Blockchain-as-a-Service (BaaS) across data centers situated in Pune, Hyderabad, and Bhubaneswar, catering to various permitted blockchain applications. These strategic measures showcase the government’s dedication to developing and deploying blockchain solutions.
🌍 Highlights of the Conference
The flagship IBW Conference, organized by Hashed Emergent—a prominent Web3 Venture Capital firm—will span two days, specifically on December 4th and 5th, at the Sheraton Grand Bengaluru Whitefield Hotel & Convention Center. This conference will feature key speakers, including:
- Sandeep Nailwal, Co-founder of Polygon
- Avery Ching, Co-founder and CTO of Aptos
- Keone Hon, CEO of Monad
- Chen Fang, COO of BitGo
Alongside distinguished Indian policymakers, entrepreneurs, and developers, discussions will focus on India’s dynamic technological talent, its ability to adapt to new technologies, and the evolving regulatory landscape.
💬 Insights from Industry Leaders
Avery Ching, Co-founder & CTO of Aptos Labs, remarked:
“India is home to incredibly talented developers and leaders who are advancing web3 in remarkable ways. It’s inspiring to see the impact builders in India have had on the entire Aptos ecosystem, and I hope to see more builders after our activation at IBW this year.”
Keone Hon, CEO of Monad, expressed enthusiasm for India’s unique position in the Web3 ecosystem:
“India is at a unique inflection point in Web3 adoption, with its thriving developer community, commitment to entrepreneurship, and pace of economic activity. I am excited to speak about opportunities for Monad Labs to collaborate with the local Web3 ecosystem in advancing blockchain innovation.”
📜 Regulatory Discussions Underway
A consultation panel, facilitated by the Department of Economic Affairs (DEA), is collaborating with industry participants—including experts, businesses, and the public—to devise regulations pertaining to cryptocurrency in India. The IBW Conference will serve as a crucial platform for dialogue between policymakers and industry experts, laying out a potential roadmap for the future of the crypto sector in India.
🌟 Commitment to Promoting Web3
As Tak Lee, CEO & Managing Partner of Hashed Emergent, emphasized:
“As hosts of the India Blockchain Week Conference, we are committed to amplifying India’s thriving web3 landscape on the global stage. Our goal is to foster collaboration across the Indian ecosystem by bringing together local innovators and global stakeholders. We’re excited to return with the second edition of IBW, continuing our work to nurture and grow the web3 community in India and other emerging markets.”
🚀 India’s Role in Global Blockchain Development
India’s innovation landscape significantly contributes to global blockchain development, accounting for over 12% of the world’s Web3 developers and housing more than 1,000 startups, as reported by Hashed Emergent and KPMG India. In light of this, the IBW Demo Day on December 4th will highlight 15 leading Indian Web3 startups, allowing them to showcase their projects to an audience of investors, founders, and developers. Meanwhile, the ETH India Hackathon, taking place from December 6-8, is expected to attract more than 1,500 developers, securing its position as one of the largest Ethereum hackathons in the nation. The IBW Hackathon will feature over 250 participants, with the top ten projects competing for recognition and opportunities to present at the IBW Conference in 2024.
🧑🤝🧑 Collaboration with Industry Leaders
With support from sponsors like Polygon, Aptos, Starkware, and the Starknet Foundation, the IBW 2024 Conference aims to bring together vast networks of startups, developers, and investors within the global Web3 sector. Last year’s IBW Conference included notable speakers such as Vitalik Buterin (Ethereum), Jayant Sinha (Former Member of Parliament), Sebastien Borget (Sandbox), and Charles Guillemet (Ledger), among others.
📅 Key Dates and Structure of India Blockchain Week (IBW)
India Blockchain Week (IBW) represents the largest series of blockchain and Web3 events within the nation, set to connect local and international blockchain networks. Scheduled from November 30th to December 8th, 2024, it features over 100 events, including the IBW 2024 Conference, ETHIndia, the IBW Demo Day, the IBW Hackathon, and other networking opportunities, establishing a foundation for collaboration and thought leadership across the blockchain realm.
💡 The Role of Hashed Emergent
Hashed Emergent operates as the venture capital branch of Hashed, supporting creators from India and emerging markets who are shaping the landscape of blockchain technology. The firm focuses on early-stage investments in Web3 startups, utilizing its expertise and network to enhance their growth and success. Operating from hubs in key emerging markets such as Bangalore, Seoul, Singapore, Lagos, and Dubai, Hashed Emergent actively contributes to the expansion of Web3 ecosystems and communities through tailored initiatives.
For further details and information, visit the [India Blockchain Week website](https://indiablockchainweek.com/) and learn about [Hashed Emergent](https://www.hashedem.com/).
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