$40M Angel Fund for Blockchain Enthusiast by Best of Block Inc at IncubateIND Blockchain Hackathon
Best of Block along with Ideas2action are creating a Blockchain Hackathon, which is an IncubateIND (India’s largest crowdsourcing of ideas via Hackathon and workshops) Initiative in partnership with eDC IIT Delhi to create the innovative and adaptable solutions using Blockchain.
“What the Internet did for communications, blockchain will do for trusted transactions.” — Ginni Rometty
Blockchain technology is complex, but the idea is simple. At its most basic, blockchain is a vast, global distributed ledger or database running on millions of devices and open to anyone, where not just information but anything of value – money, titles, deeds, music, art, scientific discoveries, intellectual property, and even votes – can be moved and stored securely and privately.
Blockchain technology being considered by more than half of big corporations, according to Juniper study.
Blockchain Technology is here to stay and keeping the trends in mind, Best of Block along with Ideas2action are creating a Blockchain Hackathon, which is an IncubateIND (India’s largest crowdsourcing of ideas via Hackathon and workshops) Initiative in partnership with eDC IIT Delhi to create the innovative and adaptable solutions using Blockchain.
“Top 3 ideas will be funded by 40 million angels fund by Best Of Block Inc. while focusing on designing and implementing Blockchain based business solutions that deliver tangible Return on Investment (ROI) via latency and cost reductions, paired with increased transparency, scalability and auditability," Said Sachin Saluja CEO of Best of Block.
The Blockchain Hackathon is supported by NASSCOM 10,000 Startups and outreach partners 91springboard and kryptomoney.
The hackathon will be conducted at IIT Delhi on 24th feb 2018. For more details visit: www.incubateind.com/blockchain/
Participants will be selected on the basis of Registrations details. More preference will be given to the teams who are already with MVP, prototype, alpha, beta stage or running start-up using blockchain technology.
Best of block Inc. is an early adopter of the emerging decentralised Blockchain technology. With its quality deliverables, the company holds the proud for being part of blockchain technology influencers across the globe. It is having presence in Canada, Singapore, Dubai, Thailand and India.
Blockchain is changing the way technology is solving problems across domains so its team of multi-talented technologists believe in offering best products and services across multiple domains.
Ideas to Action is a new age consultancy incorporated with the focus on business incubation and to bring about a paradigm shift in the way people think about business.
Ideas2Action provide consultancy to matured businesses by providing know how to develop unexplored markets, integrate ecosystems, build brand names, steer profitability, forge strategic partnerships, bring about backward and forward integration to create a value chain. In addition, i2A helps in capacity building, providing incubation training to budding minds and young entrepreneurs, and also spearheading learning and development initiatives for Companies.