Earlier this week, T-Block Accelerator, the initiative of India’s Telangana state and Tech Mahindra, announced a partnership with public blockchain firms Matic Network, Harmony and æternity, according to a Telangana Today report. Through T-Block, the companies will assist Indian startups in building and scaling blockchain use cases.
T-Block Accelerator was launched earlier this year by the Telangana government in partnership with Tech Mahindra and tech marketer IBC Media. It aims to foster the development of the Telangana Blockchain District in the state capital of Hyderabad, which is a major center for the technology industry in the country.
Now, by onboarding new partners, T-Block will help about 25 startups with incubation and acceleration. India-based Matic Network is an Ethereum Layer 2 scaling solution which uses side-chains to take the load of the main chain, enabling it to be highly scalable. The company will provide its platform to startups to build decentralized applications (DApps).
Article continues …
Want the full story? Pro subscribers get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.
