Telangana government launched Web3.0 regulatory sandbox

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Jayesh Ranjan, Telangana’s principal secretary, department of Industries & Commerce (I&C) and Information Technology (IT), announced plans to launch a Web3.0 Regulatory Sandbox to help build and promote web3.0, startups, innovation, technology, and ecosystem in the state during the India Blockchain Forum Launch event.

The Sandbox will assist the shortlisted startups in a variety of ways, including governed data access and domain knowledge experts. Furthermore, Ranjan stated that the composition of this regulatory sandbox and governance structures, which will delve into questions such as what will be delivered and what will be called for, will be discussed in a larger forum and will incorporate their inputs and suggestions The Sandbox aims to address the issues and challenges that web3 startups face, particularly in the areas of DeFi, Metaverse and Web3.0.

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Telangana government launched Web3.0 regulatory sandbox

Jayesh Ranjan, Telangana’s principal secretary, department of Industries & Commerce (I&C) and Information Technology (IT), announced plans to launch a Web3.0 Regulatory Sandbox to help build and promote web3.0, startups, innovation, technology, and ecosystem in the state during the India Blockchain Forum Launch event.

The Sandbox will assist the shortlisted startups in a variety of ways, including governed data access and domain knowledge experts. Furthermore, Ranjan stated that the composition of this regulatory sandbox and governance structures, which will delve into questions such as what will be delivered and what will be called for, will be discussed in a larger forum and will incorporate their inputs and suggestions The Sandbox aims to address the issues and challenges that web3 startups face, particularly in the areas of DeFi, Metaverse and Web3.0.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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