Blockchain district, anchored by the Government of Telangana, brings together different facets of the Blockchain technology realm in the city of Hyderabad. Tech companies, research organizations, academic institutions, startups, investors, enablers, and user groups & communities. Everything blockchain under one umbrella. Discovering who is doing what, making connections, finding resources, collaborating, and collectively amplifying the impact created in the field of Blockchain. Further, through strategic partners, take this collective forum to other blockchain initiatives and clusters globally. Govt of Telangana, IIIT – Hyderabad, Centre for Development of Advanced Computing (CDAC) and Tech Mahindra are the Founding Members of Blockchain District.
About the Blockchain District
Blockchain district, anchored by the Government of Telangana, brings together different facets of the Blockchain technology realm in the city of Hyderabad. Tech companies, research organizations, academic institutions, startups, investors, enablers, and user groups & communities. Everything blockchain under one umbrella. Discovering who is doing what, making connections, finding resources, collaborating, and collectively amplifying the impact created in the field of Blockchain. Further, through strategic partners, take this collective forum to other blockchain initiatives and clusters globally. Govt of Telangana, IIIT – Hyderabad, Centre for Development of Advanced Computing (CDAC) and Tech Mahindra are the Founding Members of Blockchain District.
Partners
Tech Mahindra
The MoU between the State IT Department and Tech Mahindra is to launch India’s first ‘blockchain district’, comprising a CoE, an incubator for technology and process development with innovative infrastructure and facilities to foster the growth of Indian blockchain start-ups and companies. Tech Mahindra will provide platform and technology assistance to all the incubators in the facility, the company said.
Government of Telangana
The Telangana State Information Technology, Electronics, and Communication department (ITE&C) have taken the initiative to build a Center of Excellence for Blockchain, an incubator for technology and process development with innovative infrastructure and facilities to foster the growth of Indian blockchain start-ups and companies. Further, The Telangana ITE&C Department will provide regulatory and policy support to enable and promote Blockchain growth both in India and globally.
IIIT Hyderabad
With IIIT-H, the government would work on protocol development, incubation, acceleration and in identifying various use cases and other related programs to achieve the vision of making Hyderabad a blockchain hub.
IT-Hyderabad is not only going to assist ITE&C but is also a global partner of Ripple which is an American payment technology company. Here, the institute had partnered Ripple for its university blockchain research initiative to help shape the workforce of the future.
CDAC
The partnership with CDAC would work to identify various use cases on protocol development, capacity building initiatives, and other related programs.
The Union Ministry is also setting up a center of excellence in blockchain here and CDAC is developing a pilot solution of a prototype for the property registration system. If the solution is found to be successful, it could be replicated in other States.
Startups
Start-ups will be able to get the advantage of the Centre of Excellence through various features.
Corporates
Corporate engagement would be through Co-Partnering / Collaborating with blockchain startups.
Research
The research groups based out of Universities and Corporates can collaborate to become the backbone of the R&D for the district.
Academia
Involvement of Academia in the district will give a platform to Develop skilled market ready manpower.
Startups
Start-ups will be able to get the advantage of the Centre of Excellence through various features.
Corporates
Corporate engagement would be through Co-Partnering / Collaborating with blockchain startups.
Research
The research groups based out of Universities and Corporates can collaborate to become the backbone of the R&D for the district.
Academia
Involvement of Academia in the district will give a platform to Develop skilled market ready manpower.
ITE&C Department, Government of Telangana
ITE&C Department, Government of Telangana
Chit Funds
(T-chits Project)
200 Crores of money per month is being collected and disbursed across 2 lakh subscribers per one regulator office in Telangana. There are about 14 such offices across Telangana. We successfully tracked these transactions on Blockchain, and the solution will soon be rolled out across Telangana.
Verifying Students
Credentials
As per the feedback of US Consulate General, a significant fraction of visa applicants submit fake educational certificates. To address this problem, Education Department is now hosting their SSC certificates on Blockchain. A similar solution was also implemented in IIIT Basara.
Land Records
(Dharani & CDAC)
Captures the full details of each property and provides the functionality of changing the ownership of the property. Also allows to search the property history (i.e. the encumbrance details) and validation of the vendor (seller) of the property.
Streenidhi Credit
Cooperatives
A Blockchain solution is being implemented with Stree Nidhi credit cooperative Federation Ltd. in the areas of loan disbursement, repayment, loan request, loan approval and to provide credit rating of each SHG member.
Drug
Anti-Counterfieting
A frugal solution to track & trace and anti-counterfeiting. The pilot is expected to demonstrate the instance level track & traceability of the medicine throughout the supply chain and help provide anti-counterfeiting measures and insight into the medicine inventory.
ITE&C Department, Government of Telangana
This ministry in the Government of Telangana State is the Information Technology arm of the government. Nurturing the tech industry in the city, creating an environment that attracts new companies to start operations in the city, enabling and accelerating innovation in the state, promoting the tech industry in the state nationally and internationally, and also chartered with driving the technology adoption within the state government departments.
ITE&C Department, Government of Telangana
This ministry in the Government of Telangana State is the Information Technology arm of the government. Nurturing the tech industry in the city, creating an environment that attracts new companies to start operations in the city, enabling and accelerating innovation in the state, promoting the tech industry in the state nationally and internationally, and also chartered with driving the technology adoption within the state government departments.
Why Hyderabad?
Hyderabad is among the global centres of information technology for which it is known as Cyberabad (Cyber City). The city’s IT sector includes IT-enabled services, business process outsourcing, entertainment industries, and Financial Services. The IT industry in the city, though started much after other cities in the country, has rapidly grown.
During 2018–19, Hyderabad’s IT exports reached US$ 15.38 billion. The development of a township with related technological infrastructure called HITEC City prompted global and particularly US-based companies to establish their operations in Hyderabad. The Deloitte, Franklin Templeton Investments, GE Capital, Accenture, HSBC, Bank of America, ABN Amro, S&P Capital IQ, Ernst & Young, KPMG, Capgemini, Genpact are some of the financial services companies with offices in the city.
Why Hyderabad?
Hyderabad is among the global centres of information technology for which it is known as Cyberabad (Cyber City). The city’s IT sector includes IT-enabled services, business process outsourcing, entertainment industries, and Financial Services. The IT industry in the city, though started much after other cities in the country, has rapidly grown.
During 2018–19, Hyderabad’s IT exports reached US$ 15.38 billion. The development of a township with related technological infrastructure called HITEC City prompted global and particularly US-based companies to establish their operations in Hyderabad. The Deloitte, Franklin Templeton Investments, GE Capital, Accenture, HSBC, Bank of America, ABN Amro, S&P Capital IQ, Ernst & Young, KPMG, Capgemini, Genpact are some of the financial services companies with offices in the city.
KTR Speech at the International Blockchain Congress Conference in Hyderabad
Latest Events
Policies
In line with its vision to be a leader in emerging technologies, the government of Telangana has taken up several initiatives to develop a conducive ecosystem for the industry in the State. Realizing the potential of Blockchain technology, the government in consultation with the industry is working towards making Hyderabad an active hub in this technology and the State envisions to make Hyderabad as one of the top 10 Blockchain Cities of the world.
