The Indian state of Telangana has launched a blockchain accelerator in its recently created Blockchain District, in collaboration with Tech Mahindra. Selected startups will pitch innovative ideas and get mentored by experts from the Telangana government, Tech Mahindra, the Ministry of Electronics and Information Technology’s Centre for Development of Advanced Computing, and IIIT Hyderabad.
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State Government Launches Blockchain Accelerator
The government of the southern Indian state of Telangana has launched a blockchain accelerator in partnership with Tech Mahindra and IBC Media. The “T-Block Accelerator” is the inaugural accelerator program for the newly created Telangana Blockchain District. IBC Media, an innovation management company, will run the accelerator. The Hindu Business Line reported:
About 25 startups would be inducted for the accelerator programme. Of these, five will be selected for the next phase of mentorship.