Top international Web3 players will be hosting the India Blockchain Week (IBW) to be held in Bangalore from November 30 to December 8, 2024 to foster purposeful collaboration with the Indian innovation ecosystem. ) to participate. Returning this year with over 100 exciting events, IBW is the country’s first multi-chain platform to drive mass adoption of blockchain innovation across industries. Events include the flagship IBW Conference, IBW Chain-Agnostic Hackathon, IBW Web3 Demo Day, ETH India Hackathon, and more, bringing together the Web3 ecosystem’s brightest minds and policymakers to explore borders and borders. Create an environment that fosters cross-border partnerships. .
The Indian government’s increasing focus on blockchain innovation is driving initiatives like the National Blockchain Framework (NBF) to enhance information security, transparency and efficiency in digital governance and service delivery. . Vishvasya Technology Stack, launched under the same initiative by the Ministry of Electronics and Information Technology (MeitY), offers Blockchain-as-a-Service (BaaS) through its data centers in Pune, Hyderabad and Bhubaneswar, with various permissioned Support blockchain applications. These efforts reflect the government’s commitment to promoting and implementing blockchain solutions.
The two-day flagship IBW conference, hosted by Web3 venture capital firm Hashed Emergent, will be held on December 4th and 5th at the Sheraton Grand Bangalore Whitefield Hotel & Convention Center and will be hosted by Polygon, co-founder of Aptos Avery Ching, CTO, Keone Hon, CEO of Monad, and Chen Fang, COO of BitGo. The conference will foster discussions with India’s policymakers, entrepreneurs, and developers about India’s vibrant technology talent, market adaptability to technological advances, and the evolving regulatory landscape.
Avery Ching, co-founder and CTO of Aptos Labs, commented: It’s exciting to see the impact that Indian builders have had on the entire Aptos ecosystem, and we hope to see more builders emerge after this year’s activity at IBW. ”
“India is at a unique inflection point in Web3 adoption due to its thriving developer community, commitment to entrepreneurship, and pace of economic activity.Monad Labs looks forward to leveraging the local Web3 ecosystem to drive blockchain innovation. We look forward to discussing the opportunity to collaborate with Monad,” added Keone Hon, CEO of Monad.
A consultative committee led by the Department of Economic Affairs (DEA) is currently working with industry stakeholders, including experts, businesses, and the public, to establish regulation of cryptocurrencies in India. The IBW conference serves as an important platform for dialogue between policy makers and industry experts and provides a roadmap to India’s potential in this field.
“As the organizers of the India Blockchain Week Conference, we are committed to amplifying India’s thriving Web3 environment on the global stage,” said Taku, CEO and Managing Partner of Hashed Emergent. Mr. Lee said. “Our goal is to foster collaboration across the Indian ecosystem by connecting local innovators with global stakeholders. We are committed to fostering the Web3 community in India and other emerging markets. We’re excited to be back with the second edition of IBW as we continue our efforts to grow.”
According to a joint report by Hashed Emergent and KPMG India, India’s innovation ecosystem is driving global blockchain growth, contributing to over 12% of the world’s Web3 developers and supporting more than 1,000 companies. It has startup companies. To further build on this momentum, IBW Demo-Day on December 4th will spotlight 15 of India’s leading Web3 startups to showcase their projects to an audience of investors, founders, and developers. Masu. The ETH India Hackathon will be held from December 6th to 8th and will be one of the largest Ethereum hackathons in India, with over 1,500 developers expected to participate. The IBW Hackathon will attract more than 250 participants and the top 10 projects will compete for prizes and a chance to present at the IBW2024 conference.
With sponsors such as Polygon, Aptos, Starkware, and Starknet Foundation, the IBW 2024 conference brings together the largest ecosystem of startups, developers, and investors in the global Web3 industry. Last year’s IBW conference featured speakers such as Vitalik Buterin (Ethereum), Jayant Sinha (former Congressman), Sebastien Borget (Sandbox), and Charles Guillemet (Ledger).
