NITI Ayog to hold Blockchain Summit & Hackathon at IIT Delhi

Speed Post News Network

New Delhi : As part of the series of Road to GES events, in the run up to the Global Entrepreneurship Summit (GES), NITI Aayog along with Proffer, a blockchain startup founded by graduates of MIT and Harvard, is organising a Blockchain summit and hackathon at IIT Delhi from Nov 10-13, 2017. The objective of the event is to explore how blockchain architectures can enable a new digital infrastructure for India improving efficiency, transparency, privacy, and cost across all sectors.

Over 1,500 students from IITs, MIT, Harvard, Berkeley, and top engineering institutions around the world will be participating in the event, with 500 attending in-person on IIT Delhi’s campus. Microsoft, IBM, Accel, Coinbase, and Amazon AWS are sponsoring $17,000+ prizes to reward the top 5 blockchain-based applications addressing problems in government/enterprise infrastructure, finance, energy markets, supply chain, decentralized Aadhar identities, information exchange, and more, according to aPIB release.

On the evening of November 10 (6:20 – 6:30pm), NITI Aayog CEO Amitabh Kant will deliver a keynote sharing his perspective on how blockchain technology can transform the Indian economy and present his vision for IndiaChain – a blockchain-enabled infrastructure for Indian enterprise and government. Aruna Sundararajan (Secretary, Telecom/IT), riram Raghavan (CTO and Director of Research, IBM India), and  Ajay Bhushan Pandey (CEO, Aadhar/UIDAI) will also be addressing the gathering on November 10 evening and November 11 morning.