Tezos India came about in 2020 when entrepreneurs and developers were leaning toward a public blockchain for developing projects on it. The company saw an opportunity to introduce Tezos to the Indian developer community when people were gravitating towards Ethereum and started building on it, and subsequently Tezos India came into being.
Tezos India is a hub for builders, creators, and innovators which aims to encourage the Indian developer community to create and scale novel projects on Tezos. "We want to promote the Tezos ecosystem in India and make it easily accessible for the people, as crypto and blockchain are the soaring topics of the industry. Tezos India enables people to effortlessly join the Tezos ecosystem as we confide by our belief that a great ecosystem is the sum of all of its players. Revolution and sustenance of the Web world is what we aim for," said Om Malviya, president, Tezos India.
Despite blockchain technology being around for more than ten years, it still appears to be attempting to establish itself as a popular revolution, aside from the speculative excitement surrounding cryptocurrencies. In a 2018 PwC poll of CEOs, 84 per cent said they were actively engaging with blockchain. According to their more recent Time to Trust report, blockchain technology could add $1.76 trillion to the global economy and 40 million employees by 2030.
Challenges that were encountered by the company were in the initial stages of establishing Tezos India. The company is witnessing over 30 projects that are being built on Tezos blockchain itself. Another challenge the company faced was finding developers as the developers were not ready to jump into Web 3.0 because of career opportunities and choices.
Digital identity maintained as an NFT can be used to address a variety of issues, including granting rights to an identity and protecting the data-driven metrics associated with that identity in a particular protocol. Users also have total control over the information that the NFT discloses, protecting their privacy and control over their data. Living Avatar NFTs have the potential to develop into an important tool and integral part of Web 3.0 and the metaverse.
Continue reading: https://www.entrepreneur.com/article/433474
Tezos India is a hub for builders, creators, and innovators which aims to encourage the Indian developer community to create and scale novel projects on Tezos. "We want to promote the Tezos ecosystem in India and make it easily accessible for the people, as crypto and blockchain are the soaring topics of the industry. Tezos India enables people to effortlessly join the Tezos ecosystem as we confide by our belief that a great ecosystem is the sum of all of its players. Revolution and sustenance of the Web world is what we aim for," said Om Malviya, president, Tezos India.
Despite blockchain technology being around for more than ten years, it still appears to be attempting to establish itself as a popular revolution, aside from the speculative excitement surrounding cryptocurrencies. In a 2018 PwC poll of CEOs, 84 per cent said they were actively engaging with blockchain. According to their more recent Time to Trust report, blockchain technology could add $1.76 trillion to the global economy and 40 million employees by 2030.
Challenges that were encountered by the company were in the initial stages of establishing Tezos India. The company is witnessing over 30 projects that are being built on Tezos blockchain itself. Another challenge the company faced was finding developers as the developers were not ready to jump into Web 3.0 because of career opportunities and choices.
Digital identity maintained as an NFT can be used to address a variety of issues, including granting rights to an identity and protecting the data-driven metrics associated with that identity in a particular protocol. Users also have total control over the information that the NFT discloses, protecting their privacy and control over their data. Living Avatar NFTs have the potential to develop into an important tool and integral part of Web 3.0 and the metaverse.
Continue reading: https://www.entrepreneur.com/article/433474
