Even though Blockchain Technology has been around for a while globally, the technology has not quite caught up in India. One of the goal of BFI is to dispense information about the Blockchain Technology in a more Indian context.
At Present, the Blockchain Community in India is divided into motley groups with no uniformity. By bringing the community together, BFI aims to advocate for improved Blockchain reception in India.
Blockchain, as a technology, is still in its nascent stage in India. There is a remarkable leeway to make innovations in the Blockchain sphere; by promoting promising startups, BFI shall help accelerate the growth of the technology.
The mission of BFI India is to promote the growth of Blockchain in India by holding regular events, accelerator growth programs, meetups through members of the foundation, and spreading awareness about the Blockchain Technology. TBF India will aggregate, interpret and disseminate the latest information available on the Blockchain protocol, how the technology has manifested, and the potential impact on businesses in India and globally.
The vision of BFI is to oversee comprehensive Blockchain implementation in every sector within India, whether governmental, non-governmental, or for-profit businesses. Blockchain Technology will revolutionize the way we handle information and bring control back to the people of India over how their personal data and money is kept and shared among different parties.
BFI is a non-profit organization, committed to remain a neutral, unbiased platform for all stakeholders within the Blockchain Industry, irrespective of their business or personal affiliations. All individuals or entities associated with BFI are publicly listed on the website. We are committed to be a non-discriminatory Foundation with the sole aim of promoting Blockchain growth.
The BFI initiative was taken and is executed by the following founding board of members.
Our board include experienced industry leaders and leaders of financial institutions with strong connections worldwide.
Post-demonetisation, India has become one of the fastest growing markets for digital currencies like bitcoin, according to Nicolas Cary, co-founder and president of Blockchain, the largest software provider for crypto-currencies in the world.
