India’s Very Own Blockchain Protocol Eleven01, Launches Testnet

There is some big news for blockchain enthusiasts, especially those from India. Eleven01, one of India’s indigenous blockchain protocols, has launched their testnet as of Tuesday.

With the launch of this testnet, Eleven01 looks to offer users with an ecosystem that would facilitate creation and distribution of core blockchain services offered by the platform. The testnet appears to be ready for application in the real world, in both public and private workloads.

The company has done an impressive job when it comes to developments in blockchain technology. Their CEO, Ausaf Ahmad said,

We are very excited about the launch of Eleven01’s testnet. It has been a critical milestone to complete and enables the project to start onboarding dApps and gain direct customer feedback. Our team has been busy working on the platform seeking to improve on existing protocols in the market and engage the developer community. We have two key launch partners: KhethiNext, a growing agritech startup, and DocsInBlock, a financial documentation blockchain project, to start using and deploying the code to test run the platform.”

Ahmad also added,

With the launch of the testnet, the developer community is showing great interest in Eleven01 as a resource for building and learning about blockchain technology. And we have received an overwhelming response from the community along with valuable feedback for the testnet.

The previous CEO of the company, Rama Iyer, had tried to simplify blockchain in hopes of explaining it to rural people. He had said,

Digital India has reached corners of India where it was not possible before. In today’s time, rural Indians are extremely tech-savvy and explaining blockchain technology will not be very difficult.

This is a very interesting development in the homegrown blockchain sector of India and a big milestone for the industry.