Unlocking the doorway for blockchain-based collaborative R&D expeditions, ONE Co.Work on Wednesday announced the launch of BlockLabs, India's first dedicated co-working space for blockchain-related startups.
With this move, ONE Co.Work aims to further bolster the thriving eco-system and allow blockchain-based startups to access a conducive environment ripe for innovation, collaboration, and networking.
"Blockchain is a promising technology that has the potential to completely revolutionize the current business ecosystem. The technology, which virtually is still in its embryonic state, has helped yield proof of concepts for across-the-board applications that range from the financial world to logistics and even public policies, and its use cases are increasing with every day that passes. With BlockLabs acting as a catalyst, our aim is to drive more innovation towards blockchain and enable budding entrepreneurs of India to become leaders in the emergent technology on a global level", said founder and CEO, ONE Co.Work, Himanshu Bindal.
ONE Co.Work has earmarked twenty percent of its seats for blockchain-related start-ups at its state-of-the-art co-working space in Koramangala.
The facility has several ultramodern features such as sleeping pods and gaming lounges in addition to essential services needed by today's emerging startups.
ONE Co.Work also organised an event "Setting the Roots of Blockchain Technology in India: Launch of BlockLabs" in association with Blockchain Foundation of India (BFI) and Kryptomoney to mark the launch of the first dedicated co-working space for blockchain-related startups in India.
The event observed the participation of renowned authors, entrepreneurs, and other prominent personalities that are a part of the blockchain community of India.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
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