• Tezos India and Graviton have partnered to advance the adoption of blockchain technology in India.
• The partnership will provide support to cohort groups in several areas and expose them to the Tezos blockchain ecosystem.
• The development of additional decentralized applications (dApps) on the Tezos blockchain is expected.
Tezos India and Graviton have recently announced a partnership to propel the acceptance of blockchain technology in India. Graviton is India-focused web3 accelerator program for early-stage founders in the web3 space and Tezos India is one of the leading blockchain adoption entities in the country. This collaboration will provide active support to cohort groups in several areas and expose them to the Tezos blockchain ecosystem.
The Tezos blockchain is a decentralized computing protocol that supports the development of applications, or dApps. Unlike traditional apps that rely on a centralized server, dApps use the distributed nature of blockchain technology to run on a network of computers. This makes the dApps more secure, transparent, and resistant to censorship, as there is no single point of failure. The partnership between Tezos India and Graviton will provide the necessary resources and guidance to develop additional dApps on the Tezos blockchain.
The development of blockchain applications is particularly important to developing nations like India, where many people are unbanked or underbanked. Decentralized finance (DeFi), is a growing industry that leverages blockchain technology to provide financial services without the need for traditional intermediaries like banks. The partnership between Tezos India and Graviton will help to foster the growth of the DeFi industry in India, allowing more people to access financial services.
In addition to the development of dApps and DeFi, the partnership between Tezos India and Graviton will also facilitate the growth of several other blockchain-based use cases. These include smart contract development, tokenization, decentralized exchanges, and more. This will help to catalyze the growth of the Indian blockchain ecosystem and accelerate the adoption of blockchain technology in the country.
The partnership between Tezos India and Graviton is an important step towards the mainstream acceptance of blockchain technology in India. By providing support to cohort groups and exposing them to the Tezos blockchain ecosystem, the partnership will help to foster the growth of the Indian blockchain community and accelerate the adoption of blockchain technology in the country.