Tezos India Foundation is a non-profit organization that promotes the Tezos blockchain in India. In an exclusive email interview with AlexaBlockchain’s Ravi Kumar, Om Malviya, Founder and Chairman, Thezos India Foundationsheds light on its journey in the blockchain space, the unique features of the Tezos blockchain, and the foundation’s role in promoting blockchain adoption in India.
As a visionary leader, Om Malviya shares his insights on how Tezos’ modular architecture and on-chain governance make it a standout platform, and why he believes India is poised to become a global blockchain hub. By encouraging developer participation through hackathons and workshops, Tezos India Foundation is driving innovation and empowering communities across the country.
This conversation delves into the foundation’s goals, the challenges of fostering a vibrant blockchain ecosystem in India, and the exciting projects we have ahead. It also highlights the role of education, strategic collaborations and regulatory clarity in shaping the future of blockchain in India.
Whether you are an aspiring blockchain professional or a seasoned industry player, this interview offers valuable insights into the potential of Tezos and the broader blockchain landscape in India.
P1. Could you share your journey to the blockchain space and what inspired you to establish Tezos India Foundation?
Om Malviya: I started my journey into the blockchain space following Tezos since its initial fundraising. My real introduction came during a program in San Francisco, where I met my co-founder and together we launched a startup based on Tezos. This experience immersed me in the Tezos community and ecosystem.
Returning to India, I saw a burgeoning blockchain landscape and recognized the potential for growth. With the support of both the Tezos Foundation and the community, I established the Tezos India Foundation. What inspires me most about Tezos is not only its security, governance, and liquid proof-of-stake (LPoS) features, but also its vibrant community and modular architecture. The concept of software that can update itself overnight is truly fascinating and aligns perfectly with our vision for innovation in India.
P2. What unique features of the Tezos blockchain differentiate it from other blockchain platforms?
Om Malviya: Tezos stands out for its on-chain governance, which allows stakeholders to propose and vote on protocol upgrades, facilitating seamless evolution without hard forks. Its formal verification process improves security by mathematically proving the correctness of smart contracts. Additionally, Tezos employs a liquid proof-of-stake mechanism, which allows token holders to delegate their staking rights while maintaining ownership. This promotes decentralization and community participation. The platform is also energy efficient and designed for interoperability, making it a versatile option for developers.
P3. What are the primary goals of the Tezos India Foundation and how do they align with the broader goals of the Tezos ecosystem?
Om Malviya: The Tezos India Foundation primarily aims to educate the public about blockchain, engage developers, and support the growth of decentralized applications on Tezos. At their core, these goals align with the broader goals of the Tezos ecosystem in terms of community engagement, innovation, and developers having the right resources to build robust applications towards a prosperous and sustainable blockchain environment.
Q4. Etherlink has been an important addition to the Tezos ecosystem. Can you talk about its impact and the opportunities it presents for developers and users?
Om Malviya: Etherlink has significantly improved the Tezos ecosystem by providing seamless interoperability between the Ethereum and Tezos networks. This integration opens new opportunities for developers and users, allowing them to take advantage of the strengths of both ecosystems. It facilitates cross-chain applications, expanding potential use cases for dApps built on Tezos and improving liquidity across platforms.
Q5. What initiatives has Tezos India Foundation undertaken to engage and support developers in India?
Om Malviya: The Tezos India Foundation has launched several initiatives to engage developers, including hackathons, workshops, and mentorship programs. These initiatives provide hands-on experience with blockchain technology and encourage collaboration between developers. Additionally, we offer grants for innovative Tezos-based projects, encouraging experimentation and growth within our community.
Om Malviya: We have organized several educational programs such as online webinars, coding boot camps, and workshops focused on developing smart contracts using Michelson and other Tezos-compatible languages. These programs aim to improve blockchain literacy among students and professionals alike, equipping them with practical skills needed in the industry.
Q7. How does the foundation foster a vibrant Tezos community in India and what challenges have you encountered in this endeavor?
Om Malviya: We are fostering a very lively community through regular meetups, online forums and collaborative projects where enthusiasts, developers and industry experts would interact. The challenges involve overcoming misconceptions about blockchain technology and regulating uncertainties that can hinder growth.
Q8. What is the future vision of Tezos India? Are there any upcoming projects or developments you can share with us?
Om Malviya: Tezos India’s future vision focuses on expanding the adoption of the Tezos blockchain across various sectors and fostering a vibrant developer community. We are committed to fostering strategic collaborations both in India and globally to promote integration.
Our focus on education will continue with workshops and hackathons designed to train students and developers to build decentralized applications on Tezos. Additionally, we aim to incorporate more game projects, allowing game studios to take advantage of blockchain technology.
Tezos India is dedicated to pushing the boundaries of blockchain, empowering individuals and businesses to harness its full potential. We look forward to sharing more exciting developments that will improve the Tezos ecosystem in India.
Q9. India’s blockchain industry has seen significant growth, with over 1,000 startups expected by 2023. What factors do you think are driving this expansion?
Om Malviya: Many factors are driving this expansion: increasing awareness about blockchain technology in various sectors, government support to establish more innovation, increasing number of tech talent coming to India, and growing interest from investors looking for a place in which they can strategically invest in emerging companies. technologies.
Om Malviya: The current regulatory landscape is evolving, but is still fraught with challenges in those regulations that give maximum ambiguity to certain regulations. We believe in clearer guidelines that encourage innovation while ensuring consumer protection. The approach would allow startups to grow while controlling their regulatory concerns.
Q11. The Indian government has shown interest in blockchain applications in various sectors. How do you see Tezos India Foundation collaborating with public institutions to drive blockchain adoption?
Om Malviya: We plan to collaborate with public institutions by providing them with experience in developing blockchain solutions adapted to their needs, whether improving transparency in governance or improving efficiency in public services. By partnering with government agencies, we can showcase real-world applications of blockchain technology that drive adoption.
Q12. Are there any upcoming projects or partnerships that Tezos India Foundation is excited about?
Om Malviya: We are excited about several upcoming projects that focus on enhancing educational resources related to blockchain technology and exploring partnerships with local businesses looking to integrate blockchain solutions into their operations.
Q13. What is your long-term view on Tezos’ role in the Indian blockchain ecosystem?
Om Malviya: Our long-term vision for Tezos is to establish this company as a foundational layer for decentralized applications across all industries in India, so that it is a trusted platform, trusted for innovation and has the best security and governance standards. .
Q14. What advice would you offer to young people aspiring to build a career in the blockchain sector in India?
Om Malviya: I would encourage young people to stay interested and explore new technologies like blockchain. Even hands-on experience through internships or hackathons can be very helpful. Networking within communities like ours could also open the door to enormous opportunities within this rapidly evolving field. Therefore, these answers provide a comprehensive summary while remaining concise and informative on each topic related to Tezos India’s initiatives and vision within the broader blockchain ecosystem.
Continue Om Malviya in:
LinkedIn: https://in.linkedin.com/in/om-malviya-821052119
To learn more about Tezos India Foundationvisit https://tezosindia.org.in/
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