Author: Jagdish Kumar, India
With crypto currencies making a buzz in India for some time now, Mumbai will host India’s first summit under the Blockchain India Week.
The summit is organized by Himalaya Labs, a blockchain venture owned by Ms. Arifa Khan and India
Partner of Ethereum Foundation in Mumbai from 25 to 26 May 2018.
The two day event will also have a speech from world renowned smart contract pioneer, Nick Szabo
along with CEOs, CTOs and CIOs, the financial services sector, regulatory bodies, policymakers, start-
National Stock Exchange (NSE) CTO Sankarson Banerjee, NSE CEO Vikram Limaye, IDG Ventures founder
TCM Sundaram, State Bank of India chief innovation officer Sudin Baraokar, Government of Maharashtra
IT secretary, S V R Srinivas, Barings Private Equity managing partners Rahul Basin, France based
Burugundy University crypto researcher Marc Pilkington among others will also address the summit.
Speaking on this, Ms Arifa Khan said,
“India can become a global resource provider on blockchain, as we are the biggest producers and exporters of engineering talent and computer scientists which is a prerequisite to technical prowess for making India a global blockchain hub.”
Blockchain is the next new wave in technology and everyone, from governments to the common man,
stands a chance to benefit by riding this wave, Ms Khan added.
The event will provide a learning opportunity for wealth management firms to educate their teams as
well as their clients on the technology behind bitcoin, ether and other crypto currencies.
It will also provide a platform to crypto enthusiasts to trade in crypto, for the software developers,
students, researchers to learn the fundamentals, and for Indian ICO aspirants to learn the practicalities
of launching an ICO to raise funds.
“The imposition of capital controls is a disaster for a modern trade-driven economy, a catastrophe
which, however, digital technology and in particular the digital currency bitcoin, has the potential to
mitigate,” Szabo said in a statement.
“Decentralized marketplaces are the ultimate promise of blockchain, which will have the most dramatic
impact on society and economy,” Szabo stressed.
In India there is a legitimate need and a gap in educating the common man as well as the influencers on
these new technologies. The summit aims to bridge the gap, Ms Khan underlines.
Crypto economy, which was valued at around $20 billion at the end of 2016, ballooned close to $800
billion by the end of 2017.