With a vision to construct a bridge enabling the blend of CeFi and DeFi products to simplify and ensure hygiene in the usage of blockchain technology to directly support India’s digital economy, Shashi Jha, Founder along with other leaders, have initiated BlockNiti. The goal of this independent industry body is to catalyse change, drive innovation and facilitate the seamless integration of blockchain technology into the financial system.
The organisation’s primary objective is to overcome challenges and establish a robust and sustainable digital finance ecosystem in India that goes beyond advocacy. Blockniti is committed to instigate change, foster innovation and integrate blockchain technology across various sectors.
Blockniti’s strategic approach involves investing in research, comprehensive training programs, and formulating policy recommendations. By seamlessly merging traditional finance with decentralised finance (DeFi), the organisation aims to revolutionise payment systems, unlock liquidity in previously illiquid assets, democratise investment opportunities and catalyse GDP growth by modernising asset accessibility.
“Blockniti heralds a new era in India’s digital finance landscape. Our mission is to empower individuals and businesses by harnessing the transformative potential of blockchain technology. Through collaboration, innovation, and strategic initiatives, we aspire to position India as a global leader in the digital finance domain,” stated Shashi Prakash Jha, Founder of Blockniti.
The world is witnessing a paradigm shift towards decentralised and programmable finance With India’s burgeoning digital infrastructure and commitment to digital adoption Blockniti shall play a pivotal role in shaping the future of digital finance on the global stage.
Ashish Khandelwal, Founder of Anq and a member of Blockniti said on the launch “Blockniti represents a new era of collaboration and innovation in the digital finance space. Together, we will work towards establishing industry standards, nurturing talent, and ensuring consumer protection, paving the way for a balanced and sustainable digital finance ecosystem in India.”
Blockniti’s founding members include A2Z Crypto, Unitas Foundation, Tokenfolio, and others, bringing a wealth of expertise and perspectives within the digital finance ecosystem. Together, they are committed to addressing the challenges and opportunities presented by the evolving CeFi-DeFi landscape and are inviting stakeholders , industry leaders and policymakers to join hands in the transformative journey towards building a resilient infrastructure.
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