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The government of South India intends to boost blockchain development

The government of South India intends to boost blockchain development
Dec 6, 2018 by Rico Wise

Andhra Pradesh, the southern state of India, which is known for its Innovation Society, is being active in promoting the blockchain technologies at many governmental levels. Specifically, local dominant tech company and blockchain development firm Tech Mahindra’s Eleven01 receives a lot of praise in the area. They have currently concluded collaboration with the Innovation Society in order to engage in blockchain promotion for all the means possible, advocating its implementation into anything from events to education-related initiatives.

Together with Eleven01, the partnership is intended to test the benefits of the nascent technology via events, various educational campaigns, etc. in order to attract talent and create a community. The collaboration will concentrate on establishing the implementation of the greatest blockchain development environment in Andhra Pradesh.

The partnership has been receiving support from some of the region’s highest-rank officials, such as J. A. Chowdary, who is an IT Advisor and Special Chief Secretary to the Chief Minister. According to his statement, the government really acknowledges the efforts of the Eleven01 team and are glad to engage in an association with them, which is directed at bringing improved development and breakthrough technologies to India.

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The corporation is incorporated as a with a 49% stakeholding by Govt of AP and 51% private equity component
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Eleven01 is India's first blockchain protocol, built with speed and scale in mind.
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