Algorand Foundation appoints Anil Kakani as India Country Head

Kakani has several decades of experience in the public and private sector in India and the United States. The Algorand Foundation’s AlgoBharat initiative will bring a new wave of developers and companies to the Algorand blockchain i India

SINGAPORE, 28 November 2022 /PRNewswire/ — The Algorand Foundationwhose task is to strengthen the ecosystem to Algorandthe carbon-negative Layer 1 blockchain invented by the Turing Award winner and MIT professor Silvio Micali, has appointed Anil Kakani as India Country Head. In this new role, Kakani will lead AlgoBharat and everything India-based programming and projects for Algorand, including university-level educational programs, community programs, and private and public partnerships.

“The passport of developer talent i India is deep, and there is rapidly growing interest in Web3 across the country. I am delighted to lead the Algorand Foundation’s initiatives in both developer education and the private sector, said Kakani. “My vision is that thousands of students across university campuses can learn to build on Algorand’s best technology, and then create world-changing products and services. In this way, India is poised to be a leader in the future of Web3.”

Kakani is already known to many in traditional finance, and India the technology sector. He held several roles in the public and private sector Washington DCincluding as a senior advisor for India at the US Treasury, where he established the first bilateral partnership between the US Treasury and India’s Ministry of Finance. He was director of commercial development for India at Corning Incorporated, and has held leading positions in Anand Rathi Investment Banking i India and Vikasa Holdings i the United States.

“The tremendous depth of talent and years of sustained growth in India making it a critical area of ​​potential growth for the Algorand blockchain,” said Staci Warden, CEO of the Algorand Foundation. “Anil’s track record in both the US and Indiaand his rare combination of financial sector, entrepreneurial and public policy experience makes him the perfect person to lead our initiatives in this important market.”

About the Algorand Foundation:
The Algorand blockchain — designed by MIT professor and Turing Award-winning cryptographer Silvio Micali — is uniquely capable of delivering on the promise of a borderless global economy. It achieves transaction throughputs at the speed of traditional finance, but with instant finality, near zero transaction costs, and on a 24/7 basis. Its carbon-neutral platform and unique pure proof-of-stake consensus mechanism solves the “blockchain trilemma” by achieving both security and scalability on a decentralized protocol, and without a second of downtime since its publication in 2019.

The Algorand Foundation is dedicated to helping fulfill the global promise of the Algorand blockchain by taking responsibility for its healthy financial supply economy, decentralized governance, and healthy and prosperous open source ecosystem. For more information, visit https://algorand.foundation

Media contact:
Alexa CarrAlgorand Foundation
[email protected]

SOURCE Algorand Foundation