India’s First Blockchain District: Telangana Gov. Collaborates with Tech Mahindra

At the International Blockchain Congress that is currently underway in Hyderabad, the CEO and Managing Director of Tech Mahindra delivered an exciting address on India’s first Blockchain District which is to be launched in collaboration with the Telangana Govt. He additionally also unveiled the Eleven01 protocols.

“#Cryptocurrency was the first use case for #BlockchainTechnology” says @C_P_Gurnani at @enblocibc #IBCIndia2018.@abhi_nucleus @KTRTRS @MinIT_Telangana @enblocibc @jayesh_ranjan, @C_P_Gurnani @rama14iyer #BTCWires #FridayFeeling #AstroWorld #EarlyBiz #Sepsis #3News @NITIAayog https://t.co/i1Rab2B5eD

— BTC Wires (@btc_wires) August 3, 2018

At the event, another notable speaker was Mr. K.T.Rama Rao, Honorable Minister for IT Government of Telangana, who supported Mr. Gurnani and additionally talked about Telangana’s future plans regarding blockchain.

Cabinet Minister, @KTRTRS addressing a hall full of extraordinary innovators at #IBCIndia2018.
Congress #Blockchain #Crypto #BTCWires #FridayFeeling #AstroWorld #EarlyBiz #Sepsis @sallyeaves @SimonCocking @BlockchainHQ @BlockchainAcad @bps2018 #FridayFeeling #BBSecure pic.twitter.com/eIdwPYzOMk

— BTC Wires (@btc_wires) August 3, 2018

The new collaboration between the Telangana Government and Tech Mahindra has led to the signing of an MoU between the two which announces the launch of India’s first Blockchain District in the state. The MoU was signed at the event itself in Hyderabad on the 3rd of August. The Telangana State Information Technology, Electronics and Communication department (ITE&C) represented the state’s government and they aim to provide their full resources and regulatory and policy support to ensure that this dream is a reality and that blockchain grows in India.

This new district is scheduled to be a tech hub that will be a Centre of Excellence, Incubator and a place for development for blockchain technology, the revolution that has swept the West, but is yet to gain a strong foothold in India. This will be a safe haven for Indian Blockchain startups who would require the resources and backing of a tech friendly government like Telangana to reach their full potential.

Tech Mahindra all set to provide any technological assistance that will be required in this process. Its global customer ecosystem could also use new developers that will emerge in this district.

Mr. Gurnani said

“It is also a huge step in reskilling and right skilling the workforce of the future. Blockchain experts will be our crowning jewels as together we work towards making India the blockchain capital of the world,”