The 2019 Indian general election is still too hot buzzing all over India. But many Indian Blockchain & crypto communities are looking for blockchain friendly regulations from the long-term vision from Prime Minister Narendra Modi – who had been voted in for a second term. Many Indians assume that the PM election was the main reason behind the uncertainty and the supreme court’s adjourning the decision on the crypto & blockchain and are now looking for respite.
Open Two Hall Attains Mainstream Media Attention
Nevertheless, the topnotch blockchain community of India, the Blockchained India is organising a 5-day mega conference ‘India Dapp Fest 2019’ in June at the Silicon Valley of India, Bengaluru. With this conference, the organizers (Blockchained India) are organising a ‘blockchain-friendly regulations draft report’ to government authorities, voicing the view of all stakeholders in the blockchain space in India. Blockchained India has strongly organized town hall events across four top cities of India in the month of March, which later continued to another 3 cities during April. Through the town hall roadshows, 1000+ blockchain professionals gathered and shared their insights for the upcoming blockchain-friendly regulations.
Indian Blockchain Community Analyzing Swiss Blockchain Policies
Moreover, to improve the report in a more clear and concise format with an instance of friendly blockchain policies of countries like Switzerland, co-founder of Blockchained India, Akshay Aggarwal is currently visiting Switzerland’s Crypto Valley as a part of a Swiss-India Delegation. As Switzerland is one of the largest crypto and blockchain hubs in the world which favours cryptocurrency industry with their friendly policies, Mr Aggarwal will have close interaction and in-person meetings with Swiss-based enterprises, startups, developers, investors, enthusiasts and policymakers.
Mr.Aggarwal is analyzing real-time use cases of blockchain-based applications, platforms and technology being perceived by Swiss regulatory authorities – to later present as the evidence with India’s blockchain-friendly draft report. The whole process is envisioned to showcase how blockchain-friendly countries are leveraging the benefits from emerging tech whereas India is still struggling between whether to ban or impose tight regulations. His Swiss tour will probably have a pivotal impact on anyone in India who has crypto holdings.
Why India Dapp Fest Matters to Indian Blockchain Community.?
Having said that, the five days blockchain conference, The India Dapp Fest organized by Blockchained India is all set to showcase excellent Dapps and blockchain based platforms in first three days of Hackathon & workshop [ i.e June 11, 12 and 13 ]- following an focussed conference for for folks seriously working in the blockchain space for the next two days [i.e June 14 and 15 ] at The LaLiT Ashok Bangalore.
In the five day fest, IDF will outline;
- What regulations mean to the Indian blockchain community
- What is the best possible policies Govt should adopt in its upcoming regulation policy on blockchain and crypto at large
- Most importantly, it will showcase the impact such regulations will have on innovation and entrepreneurship in the Indian blockchain ecosystem.
Besides regulatory scenarios, India Dapp Fest’19 is set to discover the hidden yet exceptional talent of 20k+ Indian blockchain developers. It on-boards startups that are dedicatedly building blockchain-based applications and platforms, VCs that are keenly looking to invest in passionate individuals and blockchain based companies, enterprises that have a vision to showcase India in terms of emerging technologies like Blockchain with their incredible contribution to this era.
As IDF rallies with great passion, it can quickly presume that awareness and adoption of blockchain technology and crypto within India will turn their ways in a more constructive way. Furthermore, records on web reveals, the team behind India Dapp Fest are the same folks who successfully organized an exciting event, featuring Ethereum’s Joseph Lubin last year. This time too, the team is reportedly bringing some of the top brains of global blockchain Industry to the IDF stage, maybe the next Joseph Lubins in the making?