Blockchain
TimeChain Labs and Nu10 partner to provide end-to-end Blockchain solutions powered by the BSV Blockchain
Mumbai-based BSV Blockchain focused start-up, TimeChain Labs Pvt Ltd (TCL), and Nu10 Technologies have announced a strategic partnership to provide end-to-end BaaS (Blockchain as a Solution) services to enterprises globally. The MoU was signed between Rohan Sharan, Founder and MD of TCL, and Mohit Kataria, Co-Founder of Nu10, and the duo have sealed their intent to present a combined face in interactions with potential and existing clients that require their solutions to be built on the BSV Blockchain. In the lead up to the Enterprise Utility Blockchain Summit India in Bengaluru (Aug 05-06) sponsored by the BSV Blockchain Association, their decision to join hands and offer cutting-edge Blockchain solutions to clients is firmly founded on the advantages offered by the BSV Blockchain, namely, scalability and low transaction fee.
TCL, founded by IIT Kharagpur alumnus Sharan (who is also the BSV Blockchain Association Ambassador for India), has been in the thick of all things BSV since its founding in 2021. Another alumnus of IIT Kharagpur and a then Berlin-based Physics PhD candidate, Mallikarjun Karra, joined as a Director to aid Sharan’s vision and “launch a suite of products that make up an operating system for a civilisation built atop the timechain (blockchain).”
Nu10, on the other hand, is a web3 solutions provider with offices in New York, Estonia and Bengaluru, India. Co-Founder Kataria, an alumnus of IIT D and IIM C, is a tech enthusiast and a serial entrepreneur, and has called BSV “one of the best-distributed ledgers for enterprises with its low fees, greater scalability, excellent data capacity, and the facility for micro- and nano-payments.” Nu10’s VP of Product, Parimal Priyadarshi, who recently began to appreciate the superiority of Bitcoin SV owing to his own carefully conducted research, has been the driving force behind this marriage and the dream to be the “Infosys of the Web3 and BaaS gold-rush.”
Sharan and Kataria remarked that this partnership would be ideal to cater to the needs of government and private enterprises since TCL specialises in consulting and architecture design for dependable BSV solutions, while Nu10 offers the advantage of over a hundred experienced full-stack developers. “We have already been receiving requests for consultations from diverse quarters in the run up to the EUB Summit in Bengaluru,” they said.
The rise of an Indian BaaS provider helping enterprises with blockchain adoption and offering cost-effective solutions is certainly good news for the global BSV eco-system.
Managing Director of the BSV Blockchain Association, Patrick Prinz said: “Interest has now grown into seeing what the blockchains utility and potential really is; for example, two of the courses* we run at the Association, one for entrepreneurs and one for developers have seen significant uptake from participants in India this year. It’s great to see deals of this nature coming to fruition with two sets of entrepreneurs partnering to achieve their goals on BSV.
“We are excited to be sponsoring the EUB Summit as it is a fantastic opportunity to educate developers and entrepreneurs on the benefits of developing on BSV whether that’s about P2P electronic cash, micropayments, immutable data ledger and secure end to end communication.”
Notes to editors:
BSV Blockchain Association is the lead sponsor for the first-ever Enterprise Utility Blockchain Summit India, which will be held at The LaLiT Ashok in Bengaluru, India, on August 5. Bengaluru is the IT, innovation and start-up hub of India and referred to by many as the Silicon Valley of India. The event is being organized by Rohan Sharan and Mallikarjun Karra of TimeChain Labs, Parimal Priyadarshi of Nu10 Technologies, Kapil Jain of nChain, James Chacko of CEEDI, and KumaraGuru Ramanujam of Moneyswipe. Sharan and Ramanujam are the BSV Ambassadors for India at the BSV Blockchain Association.
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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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