Soft launch of Apiary

Soft launch of Apiary - A Centre of Excellence in Blockchain Technology at STPI Incubation Centre, Gurugram, Haryana

Soft launch of Apiary
Soft launch of Apiary - A Centre of Excellence in Blockchain Technology at STPI Incubation Centre, Gurugram, Haryana

New Delhi, June 17, 2020: On 17th June, 2020 Software Technology Parks of India (STPI) soft launched APIARY, a Centre of Excellence (CoE) in Blockchain and also launched Idea Challenge Program in Blockchain at STPI incubation centre, Gurugram in association with Ministry of Electronics and Information Technology (MeitY), Government of Haryana, Government Blockchain Association and several blue-chip companies and top tier academic institutions.

The soft-launch of Apiary & Idea Challenge Programme is done by Dr. Omkar Rai, Director General, STPI in the presence of Shri Saurabh Gaur, Joint Secretary, MeitY, Shri Ajay Singh Tomar, Additional Secretary, Department of IT, Electronics & Communication, Govt. of Haryana, Shri Pankaj Thakar, CoE & Founder Padup, Shri Devesh Tyagi, Senior Director, STPI, Shri Rajneesh Agrawal, Director STPI Noida and Shri Subodh Sachan, Director STPI HQ.

The 7,000 sq. ft. Apiary - CoE, at STPI-Gurugram targets to 100 startups in coming 5 years. The centre aims to provide blockchain as a service and allow all stakeholders to benefit from shared learning, experiences, and resources. The startups will be mentored by a group of accomplished industry and academic pioneers, led by the Chief Mentor Shri Pankaj Thakar, CoE & Founder Padup and aided by a strong Governing Council (GC) & Project Management Group (PMG) consisting of top technology industrialists, investors and academicians. A number of corporate and academic partners have already come on board, including IBM, Intel, Padup Venture, Indian Angel Network, Vinners Angel Group, Padup Syndicate and Venture Catalyst. Foundation for Innovation and Technology Transfer, FITT- IIT Delhi/Sonepat Campus will be participating as academic partner.

Blockchain is now a widely deployed technology, finding use beyond the financial realm. The adoption of it in sectors such as e-Governance, health, agriculture, travel and several other sectors will provide trust and immutability to the assets. The objectives of opening this CoE is to boost start-ups in the field of blockchain technology and to contribute to Make-in-India & Digital India programmes of Govt. of India. It will create a holistic eco-system for encouraging R&D, innovation, entrepreneurship in the blockchain technology in India by providing physical infrastructure and support services for prototyping, developing, testing & marketing; to incubate start-up units to create innovative solutions to meet the existing and emerging needs of sector; to provide business and technological mentorship & guidance in the domain; to provide networking services linking up with funding sources; to enable creation of IPs domestically.

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