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Nine Indian companies are taking advantage of aloglan The blockchain that powers its Web3 product is showcased and showcased at Algorand Foundations decoding The conference will be held at Madinat Jumeirah, Dubai, from 28-30 November 2022.
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led by Algorithm Bharat, the program’s mission is to foster strong regional representation, community building and education in India. As mentioned at the Decipher event, the program is leading a range of strategies including developer hackathons, conferences at technical universities, and more. Leading this blueprint aims to increase the understanding and adoption of Algorand and the wider blockchain industry among Indian developers and startups.
Featured companies from the AlgoBharat ecosystem at Decipher 2022 include Contrato, Dapps.cp, Dygnify, EKO India Financial Services, Fragments, Kalga Labs, InFiction, NFTVerse, Nowigence and Wize.
contractthe world’s first KYC embedded shrink solution powered by blockchain smart contracts, aims to provide next-generation business transactions for SMEs and start-ups through its decentralized financial model. Dapps.co is accelerating the future of decentralized apps with its App Store-style platform, but with additional layers of notifications, commerce (with paid apps and in-app purchases), ratings and DIDs – all while ensuring a seamless Web3 experience. dignifieda DeFi protocol that provides digital asset liquidity to SME-focused credit fintech companies, focuses on enabling global digital asset investors to discover and invest in debt capital in emerging high-growth emerging markets. EKO India Financial Services, an established Indian fintech company that enables digital product brands to easily acquire and collect digital payments from customers through its unique platform, which features micro-entrepreneurs deeply embedded in the community. Over the past 15 years, Eko has served over 50 million customers through its network of over 300,000 microentrepreneurs. By leveraging the benefits of blockchain, Eko is seeking to democratize customer access to services through distributed identity solutions.
fragments Provides a platform that allows users to create on-chain treasuries to set up funds, define their objectives, govern and raise funds from retail investors, while co-investing under defined governance frameworks. Fragments’ collective investment framework provides a DeFi product with multi-chain fundraising, a total of four forms of governance, and transaction history for user profiles. Calgar Laboratory The platform gives way to more efficient collaboration between content producers and creators, and their first product, InFiction, showcases a noteworthy solution for TV and film writers, allowing them to showcase their work through a decentralized database .White label SAAS based platform NFT universe, is looking to bridge the gap between Web2 and Web3 as we know it. NFTVerse enables businesses, brands, influencers, celebrities and creators to launch their own fully customizable Web3 applications, including NFT stores, marketplaces, crypto wallets and crypto tokens, while integrating with their current Web2 applications and websites .
ignorance is a knowledge management company that uses its Web2-based Pluaris™ technology to help enterprise employees increase their knowledge by leveraging information and training materials from multiple data sources. Nowigence is now transitioning to an Algorand-based blockchain solution to verify and identify skill acquisition through decentralized proof-of-knowledge and proof-of-experience, including social learning, community-driven peer-to-peer learning, personalized learning, gamification and Reward systems, and hybrid learning models utilizing events.The ultimate one-stop NFT infrastructure and API toolkit comes in the form of Sensible, which aims to provide personalized and secure digital experiences for businesses, DAOs, and developers offering POAP (Proof of Attendance Protocol) NFTs, Identity NFTs, Certificate NFTs, Event Ticketing, and more. Wize enables NFT tokenization-as-a-service for B2B applications and solves Web 3.0 adoption challenges across verticals with its powerful dashboards, no-code apps, SDKs and APIs.
“We are delighted to have such a strong representation from India at this year’s Decipher event. Each of these companies recognizes the significant advantages of the Algorand blockchain and they are just what we expect to drive Algorand in our region. India has the world’s The best developers, ready to harness the power of blockchain to solve some of the most challenging problems we face. These companies on Decipher are just a few of the many companies on Algorand leading the way to Web 3.0!” Head of AlgoBharat Anil Kakani said.
The following demos are now available on the Algorand Foundation YouTube channel for anyone who missed the event:
● EKO co-founder Abhinav Sinha Appearance with leaders from VISA CEMEA, FlexFinTx and AgroToken on “Financial Inclusion at Scale: A World Tour”
● Founders and executives contract, decentralized application, strengthen, fragments, Sensible, Calgary, NF Universe, and ignorance Presented during the Decipher Pitch Competition
● Krishna Tammireddy, Acting CEO, Nowigence Participated in “Delivering Web2 to Web3 (and beyond)” with leaders from Napster, TravelX, and the Global Cryptocurrency Council
Abhisar Srivastava, Founder, Kalga Labs and Neel Kamal, Founder, NFTVerse spoke About “India’s creator economy is booming! How Web3 can accelerate it.”
About the Algorand Foundation
The Algorand blockchain, designed by MIT professor and Turing Award-winning cryptographer Silvio Micali, enables the promise of a borderless global economy. It achieves transaction throughput at the speed of traditional finance, instant finality and near-zero transaction costs, without a second of downtime since it went live in June 2019. Its carbon-neutral platform and unique pure proof-of-stake consensus mechanism solves the “blockchain trilemma” by achieving security and scalability on a decentralized protocol.
This Algorand Foundation Committed to helping realize the global promise of the Algorand blockchain by being accountable for its sound money supply economics, decentralized governance, and healthy and thriving open source ecosystem.
Note: Investing in cryptocurrencies and encrypted assets is financially risky and readers should do their own due diligence. Entrepreneur Media does not endorse any such investments.
