5ire, Network Capital launches blockchain module with NITI Aayog

5ire, Network Capital launches blockchain module with NITI Aayog

NITI Aayog‘s Atal innovation mission has come out with the first of its kind blockchain module in collaboration with 5ire and Network capital. Called ATL Blockchain moduleaims to revolutionize the way businesses and individuals interact and trade, providing a secure and decentralized platform for data storage and transfer.
Blockchain technology is one of the driving forces in the world of computer technologies and interest services. It fundamentally changes how we look at cooperation, information exchange and institution building in the twenty-first century. This will also educate people in the blockchain ecosystem to drive adoption of the technology as less than 1% of people use it.

5ire, which is among the fastest growing blockchain unicorns, has lent its technical expertise and knowledge in the writing of the module. Network Capital, which is a mentoring and career exploration platform, has enabled the curation and conceptualization of the module.
At the launch of the ATL Blockchain module, Chintan Vaishnav, mission director of the Atal Innovation Mission, emphasized the importance of “practical innovation” and the need to use blockchain technology to drive social change.
Pratik Gauri, CEO and co-founder of 5ire spoke about the need to align sustainability with innovation. He highlighted the endless possibilities that exist before young students and how they can use blockchain to solve the 17 SGDs.

Utkarsh Amitabh, CMO of 5ire and CEO of Network Capital, concluded the session by sharing his thoughts on building a fairer and decentralized internet that empowers young students to build and learn. 5ire bought a stake in Network Capital last September.
What is Atal Innovation Mission?
Atal Innovation Mission (AIM) is the Indian Government’s flagship initiative to create and foster a culture of innovation and entrepreneurship across the country. AIM’s aim is to develop new programs and guidelines to promote innovation in various sectors of the economy, provide platforms and collaboration opportunities for various stakeholders, and create an umbrella structure to monitor the innovation and entrepreneurship ecosystem in the country.
Under the auspices of the Atal Innovation Mission, 10,000+ schools across India have Atal Tinkering Labs. The aim of this scheme is to foster curiosity, creativity and imagination in young minds; and instill skills such as design thinking, computational thinking, adaptive learning, physical computing etc.

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