TimeChain Labs and Nu10 collaborate to provide end-to-end Blockchain solutions powered by BSV Blockchain
Mumbai, 28 July 2022: Mumbai-based BSV Blockchain-focused startup, TimeChain Labs Pvt Ltd (TCL), and Nu10 Technologies have announced a strategic partnership to provide end-to-end BaaS (Blockchain as a Solution) services to businesses globally. The agreement was signed between Rohan Sharan, Founder and CEO of TCL, and Mohit Kataria, Co-Founder of Nu10, and the duo has sealed their intention to present a combined face in interactions with potential and existing customers who require their solutions to be built on the BSV Blockchain . Ahead of the Enterprise Utility Blockchain Summit India in Bengaluru (August 05-06) sponsored by BSV Blockchain Association, their decision to join hands and offer cutting-edge Blockchain solutions to clients is firmly based on the benefits offered by BSV Blockchain namely scalability and low transaction fees.
TCL, founded by IIT Kharagpur alumnus Sharan (who is also the BSV Blockchain Association Ambassador for India), has been involved in all things BSV since its founding in 2021. Another IIT Kharagpur alumnus and a then Berlin-based PhD candidate in physics, Mallikarjun Karra, joined as a director to help Sharan’s vision and “launch a series of products that constitute an operating system for a civilization built on top of the time chain (blockchain).”
Nu10, on the other hand, is a web3 solutions provider with offices in New York, Estonia and Bengaluru, India. Co-founder Kataria, an alumnus of IIT D and IIM C, is a technology enthusiast and a serial entrepreneur, and has called BSV “one of the best distributed ledgers for businesses with low fees, greater scalability, excellent computing capacity and the facility for micro and nano payments.” Nu10’s VP of Product, Parimal Priyadarshi, who recently came to appreciate Bitcoin SV’s superiority due to his own carefully conducted research, has been the driving force behind this marriage and the dream of being the “Infosys of the Web3 and BaaS gold-rush.”
Sharan and Kataria noted that this partnership would be ideal to address the needs of public and private enterprises since TCL specializes in consulting and architecture design for reliable BSV solutions, while Nu10 offers the benefit of over a hundred experienced full-stack developers. “We have already received requests for consultations from various quarters in the run-up to the EUB summit in Bengaluru,” they said.
The emergence of an Indian BaaS provider helping businesses with blockchain adoption and offering cost-effective solutions is certainly good news for the global BSV ecosystem.
CEO of the BSV Blockchain Association, Patrick Prinz said: “Interest has now grown to see what blockchain’s usefulness and potential really are; for example, two of the courses* we run in the association, one for entrepreneurs and one for developers, have seen significant support from participants in India this year. It is great to see deals of this nature come to fruition with two sets of entrepreneurs working together to achieve their goals at BSV.”
“We are excited to sponsor the EUB Summit as it is a fantastic opportunity to educate developers and entrepreneurs on the benefits of developing on BSV whether it is P2P electronic cash, micropayments, immutable ledger and secure end-to-end communication.”
BSV Blockchain Association is the main sponsor of the first ever Enterprise Utility Blockchain Summit India, which will be held at The LaLiT Ashok in Bengaluru, India, on August 5. Bengaluru is the IT, innovation and startup hub of India and referred to by many as the Silicon Valley of India. The event is being organized by Rohan Sharan and Mallikarjun Karra from TimeChain Labs, Parimal Priyadarshi from Nu10 Technologies, Kapil Jain from nChain, James Chacko from CEEDI and KumaraGuru Ramanujam from Moneyswipe. Sharan and Ramanujam are the BSV Ambassadors for India at the BSV Blockchain Association.
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