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Market News

CoinDCX Partners With BITS Pilani for Crypto Research in India

The joint initiative will focus on two key pillars — Blockchain literacy and Research in decentralized systems.

Written By:
Renuka Tahelyani

Last updated: March 9, 2022 4:26 AM
Published March 9, 2022 4:26 AM
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Last updated: March 9, 2022 4:26 AM
Published March 9, 2022 4:26 AM
CoinDCX Partners With BITS Pilani for Crypto Research in India

India’s first crypto unicorn CoinDCX exchange announced a strategic research project in collaboration with the Computer Science Department of BITS Pilani, Pilani Campus. 

In Brief:

  • This initiative comes in line with CoinDCX’s goal of crypto education for its adoption in the country.
  • The research focused on Blockchain and Crypto, including Smart Contracts and DApps development. 
  • More than 100 students are expected to be trained in the field of Blockchain Technology in a year.

This collaboration is to support crypto research, development, and innovation in the student community of India. The research and education projects will be in the fields of Blockchain and Crypto, including the development of Smart Contracts and DApps.

The joint initiative will focus on two key pillars — Blockchain literacy and Research in decentralized systems. It will leverage the credentials of the faculty assigned to this project from BITS Pilani in the field of Research and Development and CoinDCX’s technical know-how and expertise in Blockchain Technology.

This collaboration follows the launch of India’s most comprehensive learning resource platform, ‘DCX Learn’ in 2020, to combat misinformation and promote awareness of emerging technologies and innovation.

Over the course of a year, more than 100 students will be trained in the field of Blockchain Technology, as well as educational material in the form of whitepapers.

This is in line with CoinDCX’s overall goal of increasing awareness and understanding of cryptocurrency and blockchain technology in India.

Neeraj Khandelwal, Co-Founder of CoinDCX said, “In addition to our work with DCX Learn and our policy advocacy efforts with the regulators, our recent partnership with BITS Pilani, Pilani Campus will strengthen digital asset innovation in India, in terms of facilitating wider mainstream adoption of crypto.”

While CoinDCX CEO and co-founder Sumit Gupta said, “Through our research partnership with the Computer Science Department at the Pilani Campus of BITS, we seek to advance crypto innovation in India and value-add to the country’s blockchain ecosystem, with academia as a critical enabler.”

As for CoinDCX’s future prospects, it intends to pursue an IPO as soon as government regulations allow it.

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Renuka Tahelyani - Crypto Content Writer at The Crypto Times
By Renuka Tahelyani
Renuka Tahelyani is a CA student, enthusiastic about everything Finance. She is still a wanderer in the crypto world aiming to keep up. When she is not reading a business journal she is either engrossed in a novel or planning an imaginary trip with imaginary cool people.

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