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The government of the Indian state of Andhra Pradesh wants to build a community of blockchain startups in the region.
The Andhra Pradesh Innovation Society (APIS) announced Wednesday that it was partnering with the Eleven01 Foundation to develop a pool of blockchain talent and support startups by building with nascent technology.
Eleven01 is a local provider of native blockchain protocols.
APIS has the task of developing "an exceptional ecosystem of technological startups", according to a press release. As such, the partnership is aimed at the use of events, activities and mentorship programs to "nurture talent and develop a community" of startups within the state.
In a statement, J.A. Chowdary, IT advisor and special chief secretary of Prime Minister Andhra Pradesh, said: "We really appreciate what the Eleven01 team is trying to do and we are happy to partner with them to bring advanced development and innovations regarding the blockchain kingdom in the state. "
The president of Eleven01 and chief product officer, Ramachandran Iyer, echoed Chowdary's comments, saying:
"We see that India is a hub of blockchain and the support from the state here brings us closer to achieving this goal.Together, we will contribute to the development of the best pool of talent ready for blockchain and innovations in the state".
The blockchain protocol of Eleven01 was created in collaboration with the Indian IT services giant Mahindra. The platform was announced again in August, and aimed to strengthen the blockchain ecosystem in the country.
Wednesday's move is just the latest effort focused on blockchain by Andhra Pradesh government. At the beginning of this year, the state signed a Memorandum of Understanding with Covalent Fund to launch a blockchain ecosystem, as well as launching a blockchain university with an initial investment of $ 10 million.
In October of last year, the state was also work with the launch of ChromaWay on a pilot of the land registry that uses blockchain to track ownership of the property.
Image of Andhra Pradesh via Shutterstock
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