S&P Global partners with ISB Dlabs to help blockchain startups increase social impact
DLabs Incubator Association (DLabs) at the Indian School of Business (ISB), in partnership with S&P Global, today launched a world-class Blockchain Impact Lab at ISB’s Hyderabad campus. The two institutions have come together to address a strategic need of the hour: to support and nurture innovations in the Blockchain space. Equipped with best-in-class technology, the lab will act as a hub for creating and disseminating knowledge about blockchain and its impact on society.
Blockchain Lab was launched by Abhishek Tomar, Chief Data Officer, S&P Global Market Intelligence; Nilam Patel, Head of Site Operations, S&P Global, India, along with Professor Vijaya Marisetty, Lead, Blockchain Impact Lab, DLabs; Professor Bhagwan Chowdhry, Faculty Director, I-Venture @ ISB; and Saumya Kumar, Director, I-Venture @ ISB & CEO, DLabs.
“The Blockchain Impact Lab provides a learning and development environment for all stakeholders at ISB. The purpose is to impart knowledge and create use cases that use blockchain to increase societal impact. said Professor Bhagwan Chowdhry.
The state-of-the-art laboratory is equipped with an Ethereum Virtual Machine, Hyperledger Fabric and Multi-chain environments. It currently has four nodes, sufficient for any kind of usability testing. Students can log on to the machine from anywhere, so the technology can be used in a wide range of setups.
Nilam Patel, Managing Director of India Operations, S&P Global India, said: “Blockchain technology has been a game changer and a revolution. Our partnership with ISB is critical to creating a strong technology-focused ecosystem that helps make a difference. With the Blockchain Impact Lab, we provide a platform for students, faculty, startups and upcoming entrepreneurs to create a significant societal impact.”
The laboratory will function as both a physical and virtual setup. The classroom environment will allow stakeholders to attend blockchain training sessions and usage demonstrations, while start-ups incubated at ISB can use the facility to develop Proofs-of-Concept. The remote setup will also allow larger groups of stakeholders outside the ISB ecosystems to benefit from being trained through the lab. The lab has already set itself a goal of supporting 500+ student innovators and start-ups in the first year alone.
The launch of the Blockchain Impact Lab marks a significant milestone in the development of the Web 3.0 ecosystem in India. The laboratory aims to emerge as the leading global think tank on the Web 3.0 ecosystem and facilitate collaboration between companies, authorities and researchers for the wider applicability of blockchain technology to achieve the goals of sustainable development.
For more information about the Blockchain Impact Lab, please contact us at [email protected]
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About S&P Global:
S&P Global (NYSE: SPGI) provides Essential Intelligence. We provide governments, businesses and individuals with the right data, expertise and connected technology so they can make decisions with confidence. From helping our customers assess new investments to guiding them through sustainability and energy transitions across supply chains, we unlock new opportunities, solve challenges and accelerate progress for the world.
We are sought after by many of the world’s leading organizations to provide credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity and automotive markets. With all our offers, we help the world’s leading organizations plan for tomorrow, today. For more information, visit www.spglobal.com.
About DLabs Incubator Association:
DLabs Incubator Association is part of I-Venture @ ISB, a brand umbrella that brings together all the pillars of entrepreneurship at ISB. Dlabs, which operates under this umbrella, is supported by the Department of Science and Technology, Government of India. It hosts a state-of-the-art space for entrepreneurs to interact, engage and collaborate with mentors, investors and academia, with the main objective of strengthening entrepreneurship and fostering innovation among the youth of India, including the student and alumni community. . For more information, visit: www.i-venture.org.
