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Blockchain News

‘India Blockchain Forum’ Launched to Facilitate Web3 Adoption

The forum was launched in Telangana and will have community chapters across India for better education and access to best global crypto practices.

Written By:
Ritu Lavania

Last updated: February 12, 2024 6:18 AM
Published 2022-08-23
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‘India Blockchain Forum’ Launched to Facilitate Web3 Adoption

India Blockchain Forum is launched with the aim of facilitating Web3 adoption and Blockchain technology and thus, helping India become a ‘global crypto hub’. Indian crypto leaders launched the organization on 21st August, 2022 at T-HUB Hyderabad, Telangana.

India Blockchain Forum launched formally by Shri @jayesh_ranjan at @THubHyd on 21st August in the presence of the founding team. #Indiablockchainforum #IBF #Blockchain #web3 pic.twitter.com/gEy5kGXzOK

— IndiaBlockchainForum (@Ind_Block_Forum) August 22, 2022

As per reports, the organisation was launched by Jayesh Ranjan, Principal Secretary, Industry & Commerce and Information Technology, Govt of Telangana. 

India Blockchain Forum(IBF) is intending to build community chapters across India for better education and access to best global best crypto practices. IBF will also open membership to all stakeholders with a mission to create the world’s largest web3.0 community.

The Forum proposes a partnership with government authorities, regulatory bodies, Crypto Industry and academia to collectively create a holistic framework for the right adoption of blockchain and web3.0. A 10 point agenda has been created to serve as a collective stage for creating India Blockchain Stack and use cases library.

Speaking at the launch of IBF, Ranjan said, “This sandbox will help create a meaningful dialogue among all the stakeholders, including regulators, start-ups and policy-makers to arrive at a nuanced approach to evolving an effective Web3 framework.”

IBF will also have several Special Interest Groups (SIGs) to take care of areas like CBDC, Metaverse, Policy framework and NFTs for blockchain and Web3.0 adoption. More than 40 crypto influencers are a part of this forum.

Other significant founders of IBF are Prasanna Lohar, CEO, Block Stack; Pankaj Diwan, Founder & CEO, Idealabs FutureTech Ventures; Col Inderjit Singh, Chief Cyber Security Officer, Vara Technologies; Srinivas Mahankali, Chief Business Officer, Secure Kloud Technologies and Sharat Chandra, Blockchain Evangelist.

Also read: India’s FM Cautions against Crypto use as ED Investigates Exchanges

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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Ritu Lavania - Crypto Content Writer at The Crypto Times
By Ritu Lavania
Ritu Lavania is a content writer at The Crypto Times. She is also a literature enthusiast who loves beautiful clicks, flowery letters and has started to appreciate NFT Art. She loves dogs (and wishes to pet them), loves elephants (but can't afford them), and also likes spiders (and has a few of these in her window grills).

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