On 7 August 2021, the MIT Centre for Future Skills Excellence, which is a part of the MIT Art, Design, and Technology University in Pune, organized a Global Blockchain Colloquium. The colloquium, which spanned three days, was the largest such event organized in an online mode. The event saw more than 22 international blockchain experts, besides industry leaders, who gave the latest insights into the world of blockchain technology. This event assumes importance as India is gradually moving towards regulations of cryptocurrencies. Besides this, an implementation strategy for the central bank’s digital currency is expected to be rolled out in phases.
The Global Blockchain Colloquium was organized in association with the India Blockchain Forum, AIC-MITADT Incubator Forum, and the Global Blockchain Business Council. The co-hosts of the event consisted of many names like the DCB Bank, Blockchain ThinkLab of University at Buffalo, and IDEALABS Future Tech Ventures. Other names included Association for Emerging Technologies, EarthID, SettleMint, Stezy.io, Snapper FutureTech, Aurigraph.io, and Future Money WALLET. The colloquium covered many important topics related to crypto, blockchain, tokens, and also cybersecurity.
The aim of the event was to explore the future of India in the world of cryptocurrency and India’s transformation into a global blockchain powerhouse. Discussions were held on the importance of developing blockchain applications, blockchain for enterprises, besides next-generation financial services. Other important topics included decentralized finance (DeFi), blockchain for trade finance, digital identity, and the Central Bank Digital Currency. The colloquium saw participation from more than 500 blockchain and crypto enthusiasts, which included industry professionals and also startup owners.