Blockchain protocol Algorand (ALGO) has announced new partnerships with India’s trade body and tech industry chamber NASSCOM, global venture capital firm TiE Bangalore that supports entrepreneurs, and the Mann Deshi Foundation, which is backing India’s first women’s rural bank. Expanded footprint in India.
Earlier this year, the Algorand Foundation entered India with its initiative called AlgoBharat. At the time, Algorand partnered with the Self-Employed Women’s Association (SEWA), which supports women-led businesses building blockchain solutions, and with Jawaharlal Nehru Technological University and the Indian Business School, Initiate teacher development program.
Algorand Foundation CEO Staci Warden and India country head Anil Kakani said in an interview that the company will now develop Web3-related skills for youth at NASSCOM’s FutureSkills Prime skill center and for women entrepreneurs at the Mann Deshi Foundation Home develops a blockchain-based credit scorecard and identity system. (CoinDesk)