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India Accelerator and IBA to launch a blockchain hackathon

The emergence and adoption rate of blockchain technology has pushed IA and IBA to come up with BlockStart Hackathon 2021 to identify the next big thing

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CIOL Bureau
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India Accelerator and IBA to launch a blockchain hackathon

India Accelerator (IA) partners with IBA (India Blockchain Alliance) to launch BlockStart Hackathon 2021 – an entrepreneurship program to accelerate early-stage Blockchain startups.

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Indian start-ups are capitalizing on innovation in Blockchain technology. The start-up ecosystem is witnessing improved digital infrastructure with a pool of tech talent which further gives a strong push to Blockchain technology to become a global forerunner.

The emergence and adoption rate of Blockchain technology in the present world, IA and IBA have come up with BlockStart Hackathon 2021 to spot the next wave of Blockchain entrepreneurs in association with IA Labs as the virtual pitch day tech partner for the event.

“Our collaboration with IBA is in sync with our vision to accelerate Blockchain startups in India. IBA and IA have a strong network of mentors to help students and aspiring entrepreneurs drive innovation in Blockchain technology,” Maninder Singh, CTO and co-founder, IA Labs said.

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The theme of the blockchain hackathon is to help India's journey towards Atma Nirbhar Bharat which includes existing opportunities and use cases in the areas of healthcare, e-governance, agriculture, and finance.

The campus entrepreneurship program is open for students, university teams, individuals and existing startups. As part of the program, IA and IBA will focus on nurturing the startups while making them industry-ready and opening more avenues for them to disrupt the market.

The program applications will open on 15th November 2021 and close on 5th December 2021 with a final demo day on 15th December 2021. The finale demo day will be followed by cash prizes, credits, perks, and an opportunity for funding and mentorship. Under the program, IA and IBA are projecting to accelerate 15 Blockchain start-ups.