Eleven01 establishes blockchain association with province Innovation Society

The company can work with the govt of province to make a blockchain community within the state

Hyderabad, fifth Gregorian calendar month 2018 – The team behind Eleven01, India’s initial native blockchain protocol, has declared Associate in Nursing association with the province Innovation Society, Government of province to explore the expansion and potential of blockchain technology within the state. the 2 groups can work along towards making a community of blockchain startups in province.

The province Innovation Society (APIS) is Associate in Nursing organisation operating towards making Associate in Nursing exceptional technology startup system by fostering entrepreneurship and a culture of innovations that may pave the thanks to raised data, wealth, and employment within the society.

In association with Eleven01, the organisation can explore the prospects of blockchain technology through events, activities and mentorship programmes to nurture talent and develop a community. The alliance can target fostering the creation of the best blockchain development system in province.

“We actually appreciate what the Eleven01 team is attempting to try to to and that we area unit happy to keep company with them to bring advanced development and innovations with relevancy the blockchain realm within the state,” aforesaid J A Chowdary, IT adviser and Special Chief Secretary to the Chief Minister, Government of province.

The state of province is among the first adopters of blockchain technology. it's been victimization it for land records and within the transportation sector for streamlining the titles of vehicles. This association can place the state on the front of being a blockchain hub in Bharat whereas additionally making job and learning opportunities for thousands of people.

“The association with the govt of province is kind of valuable to our team. we tend to visualise Bharat to be a blockchain-hub and also the support from the state here brings America a step nearer to achieving that. Together, we are going to contribute towards the event of the simplest blockchain-ready talent pool and innovations within the state,” aforesaid Ramachandran Iyer, President & Chief Product Officer, Eleven01 Foundation.