Tezos India and Graviton Partner to Expand Blockchain Adoption in India

• Tezos India, a blockchain adoption entity in India, has partnered with Graviton to expand the reach of blockchain technology in India.
• The partnership will provide active support to cohort groups and expose them to the Tezos blockchain ecosystem.
• The development of decentralized applications (dApps) on the Tezos blockchain is expected, making it particularly useful for developing nations like India, where many people are unbanked or underbanked.

Tezos India, one of the leading blockchain adoption entities in India, has recently announced a partnership with Graviton, an India-focused web3 accelerator program for early-stage founders in the web3 space. The partnership is aimed at expanding the reach and uptake of blockchain technology in India and providing active support to cohort groups in several areas.

The partnership between Tezos India and Graviton will enable the Indian blockchain ecosystem to benefit from the support and resources of both organizations. Through the partnership, Graviton will expose the cohort groups to the Tezos blockchain ecosystem and provide them with the necessary tools and resources to take advantage of this technology. Additionally, Graviton will also provide active support to the cohort groups in multiple areas, such as research and development, marketing, and community engagement.

The partnership between Tezos India and Graviton is also expected to lead to the development of decentralized applications (dApps) on the Tezos blockchain. A dApp, or decentralized application, is a type of software that runs on a blockchain network. Unlike traditional apps that rely on a centralized server, dApps use the distributed nature of blockchain technology to run on a network of computers. This makes dApps more secure, transparent, and resistant to censorship, as there is no single point of failure.

The development of dApps on the Tezos blockchain is expected to have a particularly positive impact on developing nations like India, where many people are unbanked or underbanked. Decentralized finance (DeFi), is a growing industry that leverages blockchain technology to provide financial services without the need for traditional intermediaries like banks and financial institutions. With the development of dApps on the Tezos blockchain, these unbanked and underbanked people in India could potentially benefit from DeFi services and the advantages of blockchain technology.

In conclusion, the partnership between Tezos India and Graviton is expected to open up new opportunities for the Indian blockchain ecosystem and provide support to early-stage startups in the web3 space. Through the partnership, the adoption of blockchain technology in India is expected to grow and the development of additional decentralized applications (dApps) on the Tezos blockchain is expected to become more widespread.