Blockchain
Prosus SICA reveals India’s most innovative assistive tech startups in 2021
India’s most innovative startups developing assistive technology (AT) to aid persons with disabilities have been revealed as Trestle Labs (Bangalore), SignAble Communication (Bangalore) and Lifespark Technologies (Mumbai). The announcement was made today by Prosus at the conclusion of year two of the Prosus SICA initiative in partnership with Invest India, Social Alpha and the World Health Organization.
Revealed on the eve of International Day of Persons with Disabilities, the top startups represent diverse themes supporting visual, speech and language disabilities and neurodegenerative disease. Trestle, SignAble and Lifespark will receive grants of INR 25,00,000, INR 18,00,000 and INR 12,00,000 respectively. The grants are intended to help them scale and expand their businesses so more persons with disabilities can benefit and lead independent, empowered lives.
The top three startups will also be inducted into the Prosus SICA mentorship programme, along with TinkerTech Laboratories from New Delhi (hearing impairment solution) and Visioapps Technology from Gurgaon (visual impairment solution), which were placed in fourth and fifth position respectively. This provides each company with access to a global network of strategic advisors from Prosus, technical advisors from WHO, AT sector experts from Social Alpha, and knowledge and partnerships specialists from Startup India, Invest India. Additionally, eligible startups may get follow-on funding and an opportunity to incubate with Social Alpha.
Launched by Prosus in 2020 in partnership with Invest India, Social Alpha and World Health Organization, Prosus SICA identifies and awards the most innovative Indian startups working on assistive technology solutions. Prosus has committed $250,000 (INR 1,65,00,000) over three years to this challenge. With more than 70 million Indians estimated to live with some form of disability* the societal impact of improving lives and empowering people by supporting the development of India’s AT ecosystem can be immense.
The top start up, Trestle Labs, aims to support the visually impaired community to avail of inclusive education and employment through real-time content access. It has developed a solution – Kibo – that translates and digitises printed, audio, handwritten and digital content in 60 global languages (including 12 Indian languages). The Kibo app is already being used by 40,000+ users in 15 countries including India, Pakistan, Indonesia, Nigeria and Bangladesh.
Placed second, SignAble Communication addresses speech and language disability through a video remote interpretation (VRI) solution that provides live interpretation in Indian Sign Language (ISL) via a mobile app. Essentially, the solution provides live human interpreters-on-demand for anyone, anytime, anywhere, affordably, and at the touch of a button.
In third place, Lifespark Technologies is a healthcare technology company building a platform for continuous, optimal therapy in chronic neurodegenerative disorders starting with Parkinson’s disease (the fastest growing neurological disease). Their product comprises a wearable device and a linked digital platform. The device provides sensory cue-based therapy to improve gait, reduce falls and improve quality of life, while the app provides data to physicians and therapists as well as emergency alerts to caregivers.
Congratulating the winners and all applicants, Sehraj Singh, India Managing Director, Prosus, said: “The quality of applicants this year was exceptional and is a testament to the promising AT ecosystem emerging in India. We are pleased that SICA is helping to identify and support the best startups and entrepreneurs in this sector. We look forward to supporting their journey as they progress to make a positive and transformational impact in society.”
Deepak Bagla, MD & CEO, Invest India, said: “I congratulate all winners of SICA 2021 and look forward to our continued association. The role of startups in developing assistive technologies for persons with disabilities will ensure a truly Digital and Inclusive India. We are delighted that the challenge showcases made-in-India innovations to solve global problems.”
Manoj Kumar, Founder, Social Alpha, said: “Addressing market gaps in the assistive technologies space has been the cornerstone of our venture development model at Social Alpha. SICA is playing a key role in identifying and supporting social innovators and helping them create new markets by addressing the demand for high quality yet affordable solutions.”
Dr Chapal Khasnabis, Head, Access to Assistive Technology and Medical Devices, WHO, Geneva said: “The quality of talent and the problems being tackled by participants in SICA 2021 was truly exciting and revelatory. It is heartening to witness Indian researchers and entrepreneurs are focusing on AI and Robotics in AT, especially for geriatric population and people living with neurodegenerative diseases. We congratulate the winners and look forward to supporting them in their journey.”
Bonny Dave, Founder of Trestle Labs, the startup that placed first in SICA 2021, spoke about their experience: “SICA has been a unique and enriching experience for us with a rigorous evaluation process including presentations and direct feedback from the end users and beneficiaries. We are thrilled to make the top spot and receive recognition for our efforts. We plan to utilise the grant to enhance our tech capabilities, grow our team and scale our solutions across three states in India. We are also eagerly looking forward to leverage the expertise and experience of stakeholders in SICA partner organisations through the mentorship programme.”
In the second year of SICA, over 170 startups that had built a prototype and completed user testing were evaluated by an expert jury on criteria of product readiness, market need, financial sustainability, business scalability, and future roadmap. Special attention was paid to user-friendliness of the products outside of controlled therapy and rehabilitation sessions.
For details of the winners of SICA 2020 (year one of the challenge) see here.
Blockchain
Blocks & Headlines: Today in Blockchain – April 25, 2025 | BitNile, Dutch Blockchain Week, Citigroup, Philippine Blockchain Week, D.O.G.E Foundation
Blockchain’s metamorphosis from niche ledger technology to the backbone of Web3 has never been more evident. Today, we cover five stories that illustrate the evolving ecosystem: a gaming platform issuing its own token on Solana; Europe’s marquee Web3 summit; a major bank forecasting a “ChatGPT moment” for blockchain; a Southeast Asian conference aimed at busting crypto myths; and a foundation rebuilding blockchain from the ground up to solve scalability. Each development—whether product launch, industry gathering, macro forecast, educational initiative, or infrastructure innovation—offers a window into the trends shaping decentralized finance, NFTs, DeFi, and beyond.
1. BitNile.com to Launch Nile Coin on Solana
News Summary
Hyperscale Data’s subsidiary BitNile.com will introduce the Nile Coin on Solana starting May 1, 2025. The U.S.–based social gaming site chose Solana for its high throughput and low fees, aiming to enhance in-game economies, reward engagement, and deliver seamless micro-transactions. Details on tokenomics and governance are forthcoming, but management touts Nile Coin as a cornerstone of future gaming experiences.
Source: CoinTrus
Analysis & Commentary
Launching a proprietary token underscores two converging trends: the gamification of finance and finance-ification of gaming. By minting Nile Coin, BitNile.com taps into DeFi mechanics—staking, liquidity pools, NFT rewards—while leveraging Solana’s scalability. Strategically, BitNile.com positions itself for partnerships with NFT marketplaces and DeFi protocols, potentially opening secondary markets for in-game assets and generating new revenue streams beyond ad sales or subscription fees.
2. Dutch Blockchain Week 2025 Gears Up in Amsterdam
News Summary
From May 19–25, Amsterdam will host the sixth annual Dutch Blockchain Week, culminating in the two-day summit (May 21–22) at De Meervaart. Tier 1 exchanges (Bitvavo, Kraken, Coinbase), Web3 pioneers (WOW.ai, Blockrise), regulators (European Commission, De Nederlandsche Bank), and industry partners (Mastercard, Deloitte) will convene. Side events range from AI-powered hackathons tackling compliance to padel networking meetups—underscoring the event’s blend of technology, policy, and community.
Source: Dutch Blockchain Week
Analysis & Commentary
Dutch Blockchain Week typifies the maturation of blockchain conferences into multidisciplinary forums. Beyond token talk and yield farming, panels on regulation, institutional adoption, and security reflect Web3’s integration into mainstream finance. Anticipate announcements on CBDC pilots, DeFi compliance frameworks, and cross-chain interoperability projects that may emerge from the Block & Order Hackathon.
3. Citigroup Predicts Blockchain’s “ChatGPT Moment”
News Summary
In an April 23 report, Citigroup analysts argue that 2025 could be blockchain’s “ChatGPT moment,” driven by regulatory clarity around stablecoins and integration with traditional financial systems. They forecast stablecoin market capitalization ballooning to $1.6 trillion (base case) or as much as $3.7 trillion (bull case) by 2030—anchored by dollar-denominated issuers and collateralized with U.S. Treasuries. Regulatory frameworks like the GENIUS Act could catalyze adoption among banks and fintechs.
Source: Cointelegraph
Analysis & Commentary
Drawing parallels to generative AI’s explosive growth, Citigroup envisions a tipping point where blockchain moves from experimental to essential infrastructure. Successful integration will hinge on robust compliance tools, auditability, and clear governance models. Enterprise blockchain vendors should prepare for surging demand in tokenized payments, on-chain settlements, and embedded DeFi rails within legacy systems.
4. Philippine Blockchain Week 2025 Debunks Crypto Myths
News Summary
Scheduled for June 10–11 at SMX Convention Center Manila, Philippine Blockchain Week (PBW) 2025 will tackle misinformation and spotlight real-world use cases. Highlights include “Crypto, Unpacked” sessions demystifying the technology; “Smart Regulation” panels uniting policymakers and innovators; and “Blockchain for Impact” showcases on remittances, disaster relief, and digital identity. Founding President Donald Lim emphasizes government support and public–private collaboration to spur inclusive growth.
Source: UseTheBitcoin
Analysis & Commentary
PBW exemplifies how emerging markets leverage education to accelerate Web3 adoption responsibly. By engaging regulators early, PBW can shape balanced frameworks that encourage innovation while protecting consumers—an instructive model for markets wrestling with both hype and skepticism.
5. D.O.G.E Foundation Launches New Blockchain, Opens Seed Round
News Summary
The D.O.G.E Foundation announced a ground-up blockchain rebuild designed to solve the scalability and reliability challenges plaguing existing networks. This modular architecture separates validation from execution to enable parallel transaction processing—targeting real-time gaming, DeFi under high load, and AI-driven applications. A seed funding round is now open to investors who share the vision of a performant, decentralized infrastructure.
Source: D.O.G.E Altcoin GlobeNewswire
Analysis & Commentary
As layer-1 congestion and high gas fees persist, new entrants must justify a “why now” with clear architectural advantages. If the D.O.G.E blockchain delivers real-world throughput and maintains decentralization, it could spur a renaissance of high-performance DeFi protocols and NFT platforms hungry for cost-effective base layers.
Conclusion & Key Takeaways
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Tokenization of Entertainment: BitNile’s Nile Coin on Solana highlights blockchain’s expansion into gaming economies and NFT reward systems.
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Convergence of Tech, Policy & Community: Dutch Blockchain Week showcases Web3’s evolution into an ecosystem engaging regulators, enterprises, and developers under one roof.
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Mainstream Inflection Point: Citigroup’s “ChatGPT moment” thesis suggests blockchain is poised for exponential adoption given regulatory support.
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Education as Catalyst: Philippine Blockchain Week’s myth-busting curriculum underscores the importance of public–private dialogue in emerging markets.
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Infrastructure Innovation: The D.O.G.E Foundation’s modular, high-throughput chain exemplifies the next wave of layer-1 networks addressing real-time, real-world use cases.
Today’s stories convey that blockchain’s next chapter will be written through strategic token launches, global convenings, regulatory clarity, educational outreach, and radical infrastructure redesign. By tracking these threads, industry participants can anticipate opportunities in DeFi, NFTs, Web3 games, and enterprise integration. Stay tuned for tomorrow’s Blocks & Headlines, where we’ll continue to decode the innovations shaping decentralized finance.
The post Blocks & Headlines: Today in Blockchain – April 25, 2025 | BitNile, Dutch Blockchain Week, Citigroup, Philippine Blockchain Week, D.O.G.E Foundation appeared first on News, Events, Advertising Options.
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