Mumbai hosts a successful Third Edition of India Blockchain tour focusing on Blockchain and Fintech

Mumbai, India—6th August 2024—The third edition of the India Blockchain Tour (IBT) was concluded successfully in Mumbai. Bringing together a diverse spectrum of blockchain enthusiasts, industry pioneers, developers, and innovators from across cities, the event served as a dynamic platform for exploring the potential and applications of Web3 and blockchain technology.

This was the 3rd city of IBT series launched to span across 8 cities and foster a deeper understanding of Web3, blockchain technology, and the future of finance.

The event featured an impressive lineup of speakers who shared their expertise and insights, including Vatsal Kanakiya CEO at 100x VC, Subhradeep Bhattacharya, Head of Product Management at NPCI,

Hema Dubey, VP at Interakt; Vish India Head at Berachain; Sanjay Tripathy, CEO at BRISKPE; Rachna Baruah, Founder at Madchatter Brand Solutions, amongst others.

During the keynote address Vish, India Head at Berachain, discussed the need and emergence of Proof of Liquidity and its importance beyond Proof of Stake (POS). He highlighted – “Proof of Liquidity is emerging as a critical concept in the blockchain ecosystem.

It’s essential for success in this segment, going beyond the capabilities of Proof of Stake. Embracing and understanding this evolution is vital for staying ahead in the industry.”

Khushboo Gadhia, PM at Insuretech startup, highlighted the critical role of fintech in navigating regulatory landscapes. “In the rapidly evolving fintech space, understanding and complying with regulatory frameworks is crucial for building trust and ensuring the longevity of any fintech venture,” she stated.

She further emphasized the importance of proactive discussions between regulatory bodies and fintech companies. “The RBI, instead of having post-facto discussions, should engage in proactive discussions with fintech firms to understand and shape the guidelines effectively,” she added.

The event also featured a panel discussion on “Product Management in Finance and Blockchain,” which explored various aspects such as VAPT (Vulnerability Assessment and Penetration Testing) in the fintech and banking ecosystems to ensure customer security.

The discussion highlighted the crucial relationship between finance and blockchain, addressing the challenges posed by the ever-evolving regulatory landscape.

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