Blog Detail

Funding Prospects For Blockchain Startups In India

There has been an increasing trend in Blockchain projects involving Blockchain technology; among many projects, there are many government-operated projects, and others being private ones. Taking advantage of Blockchain's enhanced features, there has been an enormous increase in Blockchain startups in India. Some of the primary ones being :

Ezyremit - A Blockchain-based fintech platform that concentrates on transforming the remittance market - An open and permissionless protocol for decentralized governance.

Here it would be notable to mention that Business Community India (BCI) plays a vital role in promoting these Blockchaines. Business Community India owns a unique Blockchain model; it is a new generation startup with 11+ traditional Blockchaines focusing on utilizing advanced Blockchain and AI technology.

BCI is India's first decentralized, open-source and borderless community, and with its team of Blockchain technologists, partners and investors, it facilitates the funding of multiple Blockchain-based projects.

BCI assists eleven traditional Blockchaines primarily in :

Healthcare sector

Education sector.

Banking and finance sector.

Utility and e-commerce sector.

Hospitality sector.

The information technology sector.

Supply chain sector.

And most importantly, online payments.

There are multiple projects BCI is involved in, such as - Projects involving upcoming e-commerce sites and Bitkart Exchange Currency Converter. Another noteworthy project is online payments, where the companies have initiated a UPI Payment App, which remarkably enables both online and offline payments.

The uniqueness of Blockchain Technology is that it offers a decentralized system of network and monetization models that are genuinely innovative. All these aspects make a good ground for investors to fund and promote various Blockchain-based Blockchain projects. And in this scenario, Business Community India (BCI) provides many benefits to its investors and partners.