The Indian market has been seen as a marketplace with tremendous potential to expand in any sector. The Blockchain & Bitcoin Conference India 2018 was held at Hotel Radisson on Feb 22, 2018. This conference brought together many start-ups, crypto enthusiasts, legal representatives, and others under one roof.
This conference highlighted a number of topics, with the recent developments in the Indian regulatory landscape in the sphere of cryptocurrencies, pitches from a number of companies, and provided participants and attendees with the opportunity to grow their professional networks being the highlight of the event.
Arnab Naskar, CEO SICOS, The conference started off with a brief introduction to Initial Coin Offerings (ICOs) by Arnab Naskar, CEO SICOS, which was followed by a complete briefing regarding the ICO regulation in the European Union and Switzerland. He further laid emphasis towards the existing self-regulatory initiatives including Crypto Valley, LHoFT, ICOCHARTER.EU, to name a few…
An advocate for the Supreme Court of India & Bombay High Court Nappinai N S gave a detailed insight of the Indian government’s position on cryptocurrencies, its legal implications, and its future scenario, especially regarding the recently proposed bill which aims to put a ban on all unregulated deposits. She also interpreted on how the bill can be persuaded to include cryptocurrencies and ICOs while also providing some details about the tax on cryptos.
Mani Madhukar, Architect & Developer Advocate at IBM India, in his speech, focussed more on companies and start-ups to have a good strategy in place before jumping into the blockchain technology world. He confirmed a new venture in partnership with container shipping giant Maersk and revealed that IBM are currently working on various projects based on the blockchain technology, while further adding that IBM are working on a project involving food traceability in China with collaboration with Walmart and a few others. Madhukar also teased the idea of an upcoming blockchain food traceability project in India.
Harmeet Singh Monga, The Chief Business Officer at Blocksmiths, Harmeet Singh Monga gave a short and simple briefing about how the blockchain technology works He also discussed, the opportunity blockchain technology provides and how it can potentially overthrow the traditional processes in regards to the logistics and supply chain market.
Referring to a number of hacks in the cryptocurrency industry, Reenu Saluja gave a detailed explanation on how hacks happen on the application layer not the blockchain itself. She also gave a few suggestions on how to improve the security of blockchain applications given how frequently hackers find loopholes on the blockchain technology.
Following are a number of pitching sessions during the conference from various companies
- Almora: It aids companies laying emphasis on blockchain technology in running successful token sales also providing an opportunity of high-growth investment opportunities for investors in the crypto-world.
- Arcona: It creates an augmented reality layer ‘The Digital Land’ globally which uses blockchain technology for ecosystem merging of real and virtual worlds.
- Exenium: A fully functional cryptocurrency exchange implemented as a chat-bot for the most popular messengers
- LiveTree: A TV rights funding and distribution platform based on the Blockchain Technology
- Olam: A not-for-profit foundation started to aid the global logistics breakthrough.
- PrimeStar: A decentralized blockchain platform that serves as a tool for investment in highly commercial Hollywood project
- RetainlyTechnologies: Retainly is a platform created specifically for SaaS, Blogs & Digital Media, eCommerce, Real Estate, Job Portals, Marketplaces and others to increase user involvement with multi-channel marketing automation.
- Shping: A new cryptocurrency launched for shopper marketing and rewards.