‘Kerala Aims to Produce 20,000 Blockchain Experts’
Kochi: Kerala will produce 20,000 professionals in Blockchain in the next two years, in what could be a major revolution in this emerging technology field in India.
“The coming two years are crucial for us as we plan to produce 20,000 Blockchain experts. The emphasis is on enhancing the quality of manpower. This is a great opportunity for us to build expertise in next-generation technology and knowledge-sharing,” said M Sivasankar IAS, Secretary, IT and Electronics, Govt. of Kerala while addressing the inaugural event of ‘BlockHash Live 2019’.
Organised by the Kerala Blockchain Academy (KBA) in association with Allianz Technology, India, the event saw industry leaders making a strong case for leveraging the potential of Blockchain technology through capacity building and by promoting research, development and entrepreneurship.
“BlockHash Live has been a great learning platform for us. We use this platform to check what we have achieved, our learnings and future footprint,” said Sivasankar.
In his welcome address, Dr. Saji Gopinath, Director, Indian Institute of Information Technology and Management – Kerala (IIITM-K) & CEO, Kerala Startup Mission (KSUM), emphasized the importance of bringing together Blockchain experts from across the world to discuss the business potential of this new-age technology.
The inaugural session was followed by a presentation by Marta Piekarska-Geater, Director of Ecosystem, Hyperledger, on the topic ‘Will Blockchain become real?’ Focusing on the importance of Blockchain and its use in various organisational structures, she said, “It is the right time for organisations to focus on the role of Blockchain. In the last four years, we have observed how enterprises are looking at real-life solutions using Blockchain.”
Cyber law expert Nappinai N S spoke about the importance of Blockchain laws and regulations in enabling innovation. There were also other panel discussions on topics like Blockchain Governance and Redefining Human Value with Blockchain.
Blockchain can Bring Efficiency, Transparency
The Blockchain technology, if deployed and scaled carefully, can bring efficiency and transparency at the highest level for any enterprise, industry leaders opined at the two-day BlockHash Live 2019 conclave.
Danny Wong, Lead Blockchain Architect, Allianz Technology, gave his insights on the topic ‘Enterprise Blockchain Frameworks: Adoption Consideration’. “One should ensure careful and clear positioning of Blockchain with other technologies along with corporate strategy and business capacity for enterprise-wide Blockchain adoption,” he said.
Speaking on the topic ‘Blockchain Technology for Global Social Change’, Dr. Jane Thomason, CEO, Fintech Worldwide and Industry Associate, Centre for Blockchain Technology, University College of London, observed that Blockchain is a versatile technology that is now being increasingly used for numerous non-fintech applications as well like maintaining medical records and land registry.
The two-day conclave concluded with the felicitation of hackathon winners. A three-member team from IBS Software won the prestigious BlockHack 2019 hackathon. While the contestants from Phaethon Technologies cornered the second slot in the hard-to-crack hackathon, the team from Tata Consultancy Services (TCS) came third.