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India Dapp Fest 2019 Day 1: Bringing the Best of Blockchain in India

The blockchain hackathon of India Dapp Fest hosted by Blockchained India & Blocumen Studios has finally kicked off yesterday as per the schedule. Participants, speakers, and mentors have all marked their presence at IndiQube Alpha Building, Varthur Hobli, Bengaluru.

On the first day, the blockchain workshop was held which was followed by the hackathon. The excitement was overloaded when 90+ participants introduced themselves revealing how excited they were to explore blockchain ecosystem much more deeper with India Dapp Fest.

Basically, it all started with icebreaker and networking activity which was then followed by sponsors introductions. Most importantly, the pioneers from the most famous Matic Network and Algorand blockchain project shared their success stories and journey in the blockchain industry so far.

Mr. Jaynti Kanani who is the Co-founder & CEO at Matic Network & Mr.Chandresh who is the VP Marketing opened up the current state of their venture. Mainly about how did they receive support from Industry leaders Binance and Coinbase cryptocurrency exchange. Additionally, Gokul B Alex, Brand Ambassador at Algorand, founded by Silvio Micali, a Turing Award-winning cryptographer – introduced and explained Algorand as a better-distributed ledger, proof of work, scalability, how are they defining the standard for blockchain technology and much more.

The recognized sponsors of the event include Draper University, MeitY – Government of India (Ministry of Electronics and Information Technology), ChainSecurity, Ledger Atlas, PrimeTrade, CoinDCX, and IndiQube.

Following sponsors introduction, the team India Dapp Fest also introduced the key players & driving force behind such an incredible blockchain conference. The room was filled with enthusiastic participants. Workshop on Matic Network and Algorand took place. This was undertaken by Mr. Ravindra Kumar CTO at Instadapp for Matic Network and Naveed- Head of Engineering at Algorand for Algorand blockchain project.

The main aim of the workshop was to explore what by the blockchain ecosystem means. Also, how to improve our industries with its solution. Participants at this workshop could share their experiences of focussing on outcomes and learn the various techniques of implementation. Hence, identifying the strategies and defining a better solution are the priorities of the development. The mentors also shared their ideas about what blockchain is about, how to clearly they link the strategies and how to bring the best solution as an outcome. Besides all this, it was focussed on how do Dapps things better, Why build on Matic network, how to build Dapp, how it differs from Ethereum and so on.

At the hackathon, participants could build the best solution as well as have good teamwork. What models have been tried before and what opportunities there might be to try out distinct approaches are the key factors one should focus on. With high interest of the participants to resolve a challenge and provide a solution, the first day of the hackathon was beyond the expectation.

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Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

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