Telangana State Information Technology, Electronics and Communication department has signed an agreement with Tech Mahindra to launch Blockchain District in Telangana.
The Blockchain District will be a Center of Excellence for blockchain, an incubator for technology and process development with innovative infrastructure and facilities to foster growth of Indian blockchain start-ups and companies.
Tech Mahindra will provide platform and technology assistance to all the incubators in the the blockchain district.
Tech Mahindra will also empower accelerators to develop and solve market problems across its global customer ecosystem. Telengana ITE&C Department will provide regulatory and policy support to enable and promote Blockchain growth both in India and globally.
“With support from Tech Mahindra, we envision to set a global benchmark in providing the Blockchain technology solutions and platforms across industries,” KT Rama Rao, Telangana IT Minister, said.
Tech Mahindra CEO CP Gurnani said: “The launch of the Blockchain District is a huge step in reskilling and right skilling the workforce of the future.”