TimeChain Labs Pvt Ltd (TCL), a Mumbai-based BSV Blockchain-focused start-up, and Nu10 Technologies have established a strategic agreement to offer end-to-end BaaS (Blockchain as a Solution) services to businesses throughout the world. A Memorandum of Understanding (MoU) was signed by Mohit Kataria, Co-Founder of Nu10, and Rohan Sharan, Founder, and MD of TCL indicating the parties’ aim to represent themselves jointly in dealings with clients who need their solutions to be created on the BSV Blockchain. Their decision to collaborate and provide cutting-edge Blockchain solutions to clients is firmly based on the benefits offered by the BSV Blockchain, namely scalability.
Since its inception in 2021, TCL, formed by IIT Kharagpur alumni Sharan (who is also the BSV Blockchain Association Ambassador for India), has been immersed in all things BSV. In order to support Sharan’s vision and “create a portfolio of goods that make up an operating system for a civilization built upon the timing chain (blockchain),” Mallikarjun Karra, an additional IIT Kharagpur graduate who was a Physics Ph.D. candidate at the time in Berlin, joined as a Director.
On the other side, Nu10 is a provider of web3 solutions with locations in Bengaluru, India, New York, Estonia, and Estonia. Tech enthusiast and serial entrepreneur Co-Founder Kataria, an IIT D and IIM C alumni have named BSV “one of the best-distributed ledgers for organizations” because of its cheap costs, increased scalability, good data capacity, and potential for micro- and nano-payments. Parimal Priyadarshi, VP of Product at Nu10, has been the driving force behind this union and the company’s vision to become the “Infosys of the Web3 and BaaS gold-rush.” He has lately come to understand the superiority of Bitcoin SV as a result of his own meticulous study.
Given that TCL specializes in advising and architectural design for reliable BSV solutions and that Nu10 has the benefit of over a hundred experienced full-stack developers, Sharan and Kataria said that this combination would be suitable for meeting the demands of both public and private organizations. In the lead-up to the EUB Summit in Bengaluru, “we have already started receiving requests for consultations from various quarters,” they said.
It is unquestionably fantastic news for the global BSV eco-system that an Indian BaaS provider is on the rise, assisting businesses with the adoption of blockchain technology and providing affordable solutions.
“Interest has now grown into seeing what the blockchain’s utility and potential really is,” said Patrick Prinz, managing director of the BSV Blockchain Association. It’s wonderful to see business partnerships between these two groups of entrepreneurs that allow them to accomplish their objectives on BSV.
We are thrilled to be a sponsor of the EUB Summit since it is a great chance to inform developers and business owners about the advantages of building on BSV, including P2P electronic currency, micropayments, and immutable data ledger, and secure end-to-end communication.
