Microsoft India, Tezos India, and more tech companies have joined together to launch the Century Program, an endeavor to curate 100 enterprise-grade blockchain solutions to accelerate industry growth in the said country.
The program began in July 2020 and will run for up to 18 months. In detail, each track will undergo a journey of 4 months each. Industry tracks included in the program are Media and Entertainment, Oil and Natural Gas, Trade Finance, and Discrete Manufacturing. Also included are Healthcare, Telecom, and the Public Sector.
Startups chosen in this program will have exclusive opportunities to engage with industry experts. More so, they can leverage the connections of Microsoft and other collaborators, which include Tech Mahindra and Matic. According to an announcement, Microsoft will help mentor the blockchain-based projects to “accelerate their startup journeys.”
For the Discrete Manufacturing track, Tech Mahindra and ŠKODA AUTO DigiLab India have teamed up; becoming the first original equipment manufacturer (OEM). Tezos India has also been noted to assist the partners regarding the creation of their decentralized application (DApp) on its blockchain ecosystem.
Earlier this year, Tech Mahindra also struck a partnership with Amazon Web Services (AWS) to help create solutions for other industries such as aviation, telecom, and healthcare.
Contrary to India’s approach to blockchain technology, the country has reverted its take on cryptocurrencies. In September, the central government was reported to be creating another legislation to stop all crypto trading in the country.