The India Blockchain Alliance collaborates with the Economic Council of India
The India Blockchain Alliance (IBA), a group of individuals in the blockchain industry, has announced its affiliation with the Economic Council of India (ECI). The partnership aims to expand blockchain technology and various applications it offers regarding data protection and security, along with economic growth and social impact for businesses, individuals, as well as micro, small and medium enterprises (MSMEs).
“This marks a partnership as together we aim to work towards economic development and social empowerment by leveraging blockchain technologies to implement socially relevant and economically impactful projects, globally and pan-India. Through this alliance, we seek to help organizations with to bring a technological disruption. It also aims at economic reform and social impact across sectors and will try to be a step in propelling the nation towards the goal of a five trillion economy,” said Raj Kapoor, Founder, India Blockchain Alliance .
According to Saurav Agarwal, Director General, ECI, their partnership with IBA is meant to be in sync with increasing revenue and creating job opportunities, especially for youth entrepreneurs, women entrepreneurs, startups, professionals, high net worth individuals (HNIs), and the MSME sector .
India Blockchain Alliance is a group of individuals who aim to build blockchain research, development, use cases, products and knowledge, with the intention of benefiting the world. According to the group’s official website, it represents Indian businesses and business people participating in the digital economy through blockchain technology.
As stated on the Economic Council of India’s official website, it is a non-profit organization, managed by a team of entrepreneurs, engaged in verticals of businesses and services involved in business advocacy, stakeholder management, policy dialogue and intervention, strategic alliances, partnerships, public affairs and relationship management. The organization aims to promote and develop growth for an individual, entrepreneurs, companies, society, institutions, authorities and nation, on a national and international basis through research, studies, expert opinions, statistical analyses, political dialogue, submission of white papers, debates, bilateral and multilateral cooperation, including for economic growth and development.
