Close Menu
  • Crypto News
  • Markets
  • Bitcoin
  • Ethereum
  • XRP
  • Altcoins
  • Technology
  • More
    • Crypto Prices – Latest from BTC, ETH & XRP
    • NFT
    • DeFi

Subscribe to Updates

Get the latest crypto news and updates directly to your inbox.

Trending

Strategy spends $740m more on Bitcoin, Trump Media’s $2b treasury, CoinDCX offers bounty | Weekly Recap

July 27, 2025

BNB Hits New High, Meme Stocks Soar, ETH ETFs See Inflows: Binance Report

July 27, 2025

Michael Saylor Is Bringing Bitcoin-Backed Money-Market-Style Vehicle to Wall Street: NYDIG

July 27, 2025

Will Ethereum Continue to Rally? This Bitcoin OG Is Bullish on ETH

July 27, 2025

BNB Price Reaches All-Time High – Here Are the Latest Data and What You Need to Know

July 27, 2025
Facebook X (Twitter) Instagram
  • Advertise
en English
nl Nederlandsen Englishfr Françaisde Deutschit Italianoru Русскийes Españolzh-CN 简体中文hi हिन्दीja 日本語
Crypto Observer
  • Crypto News

    BNB Hits New High, Meme Stocks Soar, ETH ETFs See Inflows: Binance Report

    July 27, 2025

    Bitcoin MVRV Pricing Bands Hint At $130K, But Only If This Support Holds

    July 27, 2025

    $3.1 Billion in Crypto Lost in 2025’s Painful First Half: Hacken

    July 27, 2025

    XRP Bullish Cross Playing Out Again: $9 Or $24 Next?

    July 27, 2025

    Trump’s EU Trade Deal Sparks Crypto Surge: BTC Nears $120K, BNB Breaks ATH

    July 27, 2025
  • Markets
  • Bitcoin
  • Ethereum
  • XRP
  • Altcoins
  • Technology
  • More
    • Crypto Prices – Latest from BTC, ETH & XRP
    • NFT
    • DeFi
Facebook X (Twitter) Instagram
Crypto Observer
Home » Technology » The Algorand Foundation Expands Its Footprint in India
Technology

The Algorand Foundation Expands Its Footprint in India

Crypto Observer StaffBy Crypto Observer StaffNovember 30, 2023No Comments2 Mins Read
Facebook Twitter Pinterest Reddit Telegram Email LinkedIn Tumblr
Share
Facebook Twitter LinkedIn Pinterest Email

Blockchain protocol Algorand (ALGO) has expanded its footprint in India by securing new partnerships with NASSCOM, India’s trade body and chamber of commerce for the tech industry, TiE Bangalore, a global venture supporting entrepreneurs, and the Mann Deshi Foundation which supports India’s first rural bank for women.

Earlier this year, the Algorand Foundation branched into India with its initiative called AlgoBharat. The word Bharat represents the nation of India. At the time, Algorand partnered with Self Employed Women’s Association (SEWA) to support women-led enterprises building blockchain solutions and with Jawaharlal Nehru Technological University and the Indian School of Business to launch faculty development programs.

It will now build out the Web3 capabilities of youngsters under NASSCOM’s FutureSkills Prime skilling hub and develop a blockchain-based credit scorecard and identity system for Mann Deshi Foundation’s women entrepreneurs, Algorand Foundation’s CEO Staci Warden and India Country Head Anil Kakani told CoinDesk in an interview.

“In just a year, our strategic collaborations and innovative blockchain solutions with key players (in India) have pioneered financial inclusion, with the potential for impacting millions of lives in underserved communities,” Warden said.

The blockchain protocol has also landed a new collaboration with TiE Bangalore, a global venture supporting entrepreneurs, to provide educational initiatives to support the Indian Web3 ecosystem.

Kakani said we are working on two types of partnerships – organizational to deepen India’s Web3 foundation including broadening the developer base and then partnerships to build use cases.

“We are not going to regulators with recommendations but we are waiting for (India’s) central bank digital currency (CBDC) to happen,” Kakani told CoinDesk. “We want to see how we can build on that but as a protocol, our heavy focus is real-world utility.”

Algorand’s earlier partnership with T-Hub to simply support startups will now include the launch of “Startup Labs,” a program that will offer mentorship for 20 Web3 startups. T-hub is a tech incubator led by the Telangana government, a state in south India.

With SEWA, Algorand has launched a pilot to help women earn high-value carbon credits through data it will collect via a blockchain-based solution.

Read the full article here

Featured
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

‘Wizard of Oz’ blown up by AI for giant Sphere screen

July 27, 2025
Tether Gold (XAUt) Market Cap Soars as Gold Hits Record Highs in 2025

Tether Gold (XAUt) Market Cap Soars as Gold Hits Record Highs in 2025

July 27, 2025
Crypto Isn’t Crashing The American Dream

Crypto Isn’t Crashing The American Dream

July 27, 2025

DOGE has built an AI tool to slash federal regulations

July 27, 2025
Add A Comment

Leave A Reply Cancel Reply

Subscribe to Updates

Get the latest crypto news and updates directly to your inbox.

Top Posts

Strategy spends $740m more on Bitcoin, Trump Media’s $2b treasury, CoinDCX offers bounty | Weekly Recap

July 27, 2025

BNB Hits New High, Meme Stocks Soar, ETH ETFs See Inflows: Binance Report

July 27, 2025

Michael Saylor Is Bringing Bitcoin-Backed Money-Market-Style Vehicle to Wall Street: NYDIG

July 27, 2025
Advertisement
Demo

Crypto Observer is your one-stop website for the latest crypto news and updates, follow us now to get the news that matters to you.

Facebook X (Twitter) Instagram
Crypto News

Bitcoin MVRV Pricing Bands Hint At $130K, But Only If This Support Holds

July 27, 2025

$3.1 Billion in Crypto Lost in 2025’s Painful First Half: Hacken

July 27, 2025

XRP Bullish Cross Playing Out Again: $9 Or $24 Next?

July 27, 2025
Get Informed

Subscribe to Updates

Get the latest crypto news and updates directly to your inbox.

Facebook X (Twitter)
  • Privacy Policy
  • Terms of use
  • Advertise with us | Publishing
  • Contact us
  • Crypto News – Press release
  • Newsletter sign up
  • Markets
  • Altcoins
  • Bitcoin
  • Crypto News
  • DeFi
  • Ethereum
  • Technology
  • Blockchain
  • AI
  • NFT
  • Thanks for joining us
© 2025 Crypto Observer. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.