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Deep-tech startups in India: Investment insights into AI, Blockchain, and IoT Ventures

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India’s deep-tech startup ecosystem is experiencing phenomenal growth, with over 3,000 startups pioneering solutions across diverse sectors. Deep tech, or deep technology, refers to innovations rooted in scientific discoveries or engineering advancements, significantly impacting agriculture, life sciences, green energy, aerospace, and other industries. These technologies build on a solid foundation of knowledge to develop groundbreaking tools for the future.

The Deep-Tech Revolution: A Force for Change

The deep-tech revolution in India is undeniable. As the world’s third-largest startup ecosystem, the nation has witnessed a remarkable surge in deep-tech ventures. In 2022, investments in these startups reached a staggering $1.8 billion, reflecting a significant 60% year-on-year increase. This growth is driven by India’s expanding talent pool, known for its skills and cost-effectiveness, and government initiatives like Startup India and Digital India, which have created a fertile ground for entrepreneurship and innovation.

However, challenges remain. Deep-tech ventures often struggle with access to long-term capital, essential for the significant research and development (R&D) needed before achieving commercial success. Regulatory ambiguity and a lack of specialized infrastructure further complicate the landscape. Overcoming these obstacles through collaborative efforts from policymakers, investors, and industry stakeholders is crucial for fostering a robust deep-tech ecosystem.

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Key Deep-Tech Sectors Driving Growth

1. Artificial Intelligence (AI): Powering Progress

AI holds immense potential to transform India’s healthcare, agriculture, finance, and manufacturing sectors. Startups like Niramai leverage AI for early breast cancer detection, a significant breakthrough in a nation burdened by high cancer rates. These ventures employ cutting-edge technologies like machine learning, natural language processing, and computer vision to develop innovative solutions for real-world challenges. According to Accenture, AI could add a staggering $957 billion to India’s economy by 2035.

Investment trends in Indian AI startups are positive, with over 50% focusing on interface layer solutions. However, due diligence is paramount. Investors must carefully evaluate the founding team’s expertise, data security measures, and regulatory compliance, especially in sensitive sectors like healthcare and finance.

2. Blockchain: Revolutionizing Trust and Transparency

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Blockchain technology can revolutionize various sectors in India, from supply chain management and identity management to digital voting and financial services. Indian blockchain startups explore innovative use cases like smart contracts, Decentralized Finance (DeFi), and asset tokenization. Service layers and solutions around value chain tracking, smart contracts, and digital identity dominate the Indian blockchain landscape. While the investment landscape for blockchain startups is nascent, it’s rapidly gaining momentum.

A recent report predicts a Compound Annual Growth Rate (CAGR) of 47.3% in spending on blockchain, reaching an impressive $4,348.3 million by 2025. However, investors must thoroughly understand the underlying technology and its potential applications. Scalability, regulatory clarity, and project legitimacy are vital considerations, as the blockchain space is susceptible to speculative projects and potential scams.

3. Internet of Things (IoT): Connecting the World, One Device at a Time

IoT has far-reaching applications in India, particularly in smart cities, connected infrastructure, and industrial automation. Startups like Arya.ai are developing solutions for asset tracking, predictive maintenance, and energy management, optimizing operations and resource utilization. According to industry reports, platform and network layer solutions account for over 50% of IoT offerings in India, with home automation products and energy management platforms leading the charge.

Evaluating device security, data privacy measures, and interoperability between IoT systems and platforms is crucial for investors. Given the vast number of connected devices and the sensitive nature of the data they generate, robust cybersecurity protocols and adherence to data privacy regulations are paramount. Those who can navigate these complexities and identify startups with innovative solutions, robust security, and strong interoperability stand to gain significant rewards in this rapidly growing market.

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The Road Ahead: A Promising Future for Deep-Tech Investments

The future of deep-tech investments in India is undeniably promising. There is likely to be an increasing focus on deep-tech ventures that address social impact areas, such as healthcare, education, and sustainable development. Investors who can identify and support such startups early on could reap significant long-term returns and contribute to a better future for India. With the right support ecosystem, access to capital, and a forward-thinking approach, India can solidify its position as a global leader in deep-tech innovation, driving economic growth and solving critical challenges for its citizens and the world.

Source: expresscomputer.in

The post Deep-tech startups in India: Investment insights into AI, Blockchain, and IoT Ventures appeared first on HIPTHER Alerts.

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Legal Luminary Sarah Brennan Champions Pioneering Crypto Regulation Approaches

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Sarah Brennan, an accomplished figure in corporate and securities law, serves as General Counsel at Delphi Ventures, focusing on investments in the Web3 space. With over 14 years of experience in securities law and a deep involvement in digital assets since 2017, Brennan also co-leads LeXpunK, a collective dedicated to establishing legal frameworks for decentralized digital communities.

In a candid interview with a prominent cryptocurrency news outlet, Brennan discussed various critical topics. She addressed the emergence of crypto super PACs, funded significantly by major firms like Ripple and Circle, to counter strict SEC regulations. Brennan viewed the SAB 121 bill, backed by the US administration, as potentially isolating the crypto community from broader financial integration.

While acknowledging the influence of centralized entities in advocating for crypto interests, Brennan cautioned against replicating traditional financial hierarchies within the crypto sphere, which contradicts its revolutionary ethos. She expressed concerns about monopolistic scenarios that could dominate the crypto landscape, exerting excessive control over essential industry components and traditional financial operations.

Regarding regulatory challenges, Brennan advocated for tailored regulations to manage systemic risks posed by large centralized crypto institutions. She criticized the current regulatory opacity and inconsistency, which she believes have fostered suboptimal business practices. Through LeXpunK, Brennan endeavors to pioneer experimental legal structures that could redefine regulatory compliance for token issuances, though reception from policymakers has been lukewarm.

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Looking ahead, Brennan emphasizes the need for proactive regulatory approaches using antitrust measures to prevent crypto monopolies, promote decentralization, and target bad actors. However, she highlighted the persistent communication gap between crypto-literate legal advocates and hesitant regulators as a significant obstacle.

Brennan continues to drive forward her mission through new advocacy platforms aimed at shaping the future of cryptographic regulation, navigating complexities to ensure balanced and effective regulatory frameworks in the evolving crypto landscape.

Source: shakirabrasil.info

The post Legal Luminary Sarah Brennan Champions Pioneering Crypto Regulation Approaches appeared first on HIPTHER Alerts.

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Italy Ramps Up Crypto Oversight in Line with MiCA

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Italy is preparing to strengthen its oversight of cryptocurrency markets to align with the European Union’s Markets in Crypto-Assets (MiCA) regulatory framework. This initiative, initially enacted in 2022, aims to impose stricter monitoring of digital asset markets, particularly targeting insider trading and market manipulation. Under the new decree, fines ranging from 5,000 to 5 million euros ($5,400 to $5.4 million) will be imposed based on the severity of violations, reinforcing compliance and market integrity.

For blockchain firms and decentralized finance (DeFi) protocols, MiCA presents significant challenges. These entities must decide between fully decentralizing their networks or complying with MiCA’s Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations. Fully decentralized networks are exempt from reporting requirements but risk non-compliance if they employ foundations or intermediaries moderating communities.

Centralized exchanges like Binance are adapting to MiCA by categorizing stablecoins as authorized or unauthorized, aligning with regulatory requirements without delisting these assets from spot markets. Uphold has similarly adjusted by delisting certain stablecoins for compliance purposes.

Despite regulatory pressures, experts are optimistic about stablecoins’ future. Figures like Jeremy Allaire, CEO of Circle, predict stablecoins could represent 10% of the money supply within a decade. They anticipate widespread adoption driven by benefits such as financial inclusion, lower remittance costs, and seamless cross-border commerce via public blockchains.

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This regulatory framework underscores the transformative potential of stablecoins and blockchain technology within the global financial system.

Source: coinfomania.com

The post Italy Ramps Up Crypto Oversight in Line with MiCA appeared first on HIPTHER Alerts.

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1inch Network Teams Up with Blockaid for Shield API

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1inch Network has collaborated with Blockaid to introduce the 1inch Shield API, a pioneering advancement in Web3 security. This collaboration aims to enhance user protection within decentralized finance (DeFi) by bolstering defenses against fraudulent tokens. Blockaid, renowned for its expertise in Web3 security solutions, utilizes advanced data analytics and machine learning to swiftly identify and flag scam tokens, safeguarding users from potential financial risks.

The 1inch Shield API also addresses compliance with Anti-Money Laundering (AML) regulations through continuous screenings of blockchain addresses. Powered by TRM Labs, this feature scrutinizes addresses for associations with sanctioned entities and illicit activities, preemptively restricting suspect addresses to prevent regulatory infractions.

Additionally, 1inch integrates Etherscan Pro’s blocklisting capabilities to proactively blacklist suspicious addresses, further fortifying its security measures.

This initiative marks a significant milestone in DeFi security, promising unparalleled levels of security and compliance. As 1inch continues to deploy this technology across its platform, it aims to provide developers and users with enhanced protection and confidence in navigating the Web3 landscape.

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Source: cryptotimes.io

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