TimeChain Labs, a Mumbai project focused on the BSV Blockchain, has partnered with Nu10 Technologies. Through this collaboration, they will provide end-to-end blockchain solutions to enterprises worldwide.
Rohan Sharan, founder of TimeChain Labs, and Mohit Kataria, the cofounder of Nu10, signed a MoU. It signals intent to present a combined face in future interactions with clients looking for BSV Blockchain solutions.
This MoU was signed just days before the Enterprise Utility Blockchain Summit India, which will be held in Bengaluru on August 5-6. The BSV Blockchain Association will sponsor it. The two companies’ decision to team up is founded on the advantages of scalability and low transaction fees offered by the BSV Blockchain.
Rohan Sharan, the founder of TimeChain, is an alumnus of ITT Kharagpur. He is also the BSV Blockchain Ambassador in India. Sharan has been involved in everything BSV since it was founded in 2021. Another alumnus of Kharagpur, Malllikarjun Karra, joined Sharan at TimeChain as a Director. Karra’s goal is to help Sharan achieve his vision to “launch a suite of products that make up an operating system for a civilisation built atop the timechain (blockchain).” Before joining TimChain, Karra was a Physics Ph.D. candidate based in Berlin.
What is Nu10?
Nu10 is a Web3 solutions provider. It has offices in Estonia, New York, and Bengaluru, India. Its founder, Mohit Kataria, is an alumnus of IIT D and IIM C. He is a tech enthusiast and a serial entrepreneur. In the past, Kataria has described BSV as “one of the best-distributed ledgers for enterprises with its low fees, greater scalability, excellent data capacity, and the facility for micro- and nano-payments.”
Parimal Priyadarshi, the VP of Product at Nu10, has been a driving force behind the collaboration of the two firms. He recently began to appreciate the superiority of Bitcoin SV after his own careful research. His goal for this marriage is to be the “Infosys of the Web3 and BaaS gold-rush.”
Commenting on the partnership, Kataria and Sharan remarked that it would be ideal for catering to the needs of governments and private firms. Each of the two firms brings unique capabilities to the project. TimeChain, on its part, specializes in consulting and architecture design for dependable BSV Solutions, while Nu10 offers its clients access to over a hundred experienced full-stack developers. According to Sharan and Kataria, they are already receiving requests for consultations in the run-up to the Enterprise Utility Blockchain Summit India.
The rise of an Indian-based blockchain solution provider helping enterprises integrate the blockchain into their operation is welcome news for the global BSV community.
What the BSV Blockchain Association Had to Say
According to Patrick Prinz, the Managing Director of the BSV Blockchain Association, interest in the utility and potential of the blockchain has grown. He pointed to courses they run at the association, one designed for enterprises and the other for developers. According to Prinz, the two had seen significant uptake from Indians in 2022. He added that he was excited to see a deal of this nature.
Prinz concluded,”We are excited to be sponsoring the EUB Summit as it is a fantastic opportunity to educate developers and entrepreneurs on the benefits of developing on BSV, whether that’s about P2P electronic cash, micropayments, immutable data ledger and secure end to end communication.”
Enterprise Utility Blockchain Summit India, sponsored by the BSV Blockchain Association, will be the first ever held in India. It will take place at the LaLiT Ashok, Bengaluru, India, on August 5-6. Bengaluru is the innovation hub of India and is often called the Silicon Valley of India.