New Delhi to Home First South Asian Blockchain Incubator Satoshi Studios
New Delhi is set to be the home of South Asia’s first Blockchain incubator called Satoshi Studios. The program is named after Satoshi Nakamoto the creator of Bitcoin, the world’s leading cryptocurrency. Companies that are selected for the program will be relocated to New Delhi for a three-month intensive course starting in April 2017 and ending in June 2017. The perks of the program include mentorship, hands-on sessions with Blockchain experts, office and living spaces and an investment of $50,000 in return for 8-15 percent of equity. The Blockchain incubation program is supported by....
Related News
Indian Bitcoin mining pool, GBMiners has announced the launch of the country's first Blockchain incubator -- Satoshi Studios. The Indian cryptocurrency and fintech ecosystem has garnered a lot of interest since the “Demonetization” drive was set in motion. The increased demand for Bitcoin in the country is now complemented by the launch of a Blockchain incubator. According to reports on Indian news media, the Indian Bitcoin company, GBMiners has laid the foundation for South Asia’s first Blockchain incubator, Satoshi Studios. GBMiners is the first Indian Bitcoin mining pool which....
Switzerland’s State Secretariat for Economic Affairs (SECO) is reportedly helping Crypto Valley Venture Capital (CVVC), a blockchain business incubator, set up an office in South Africa. According to SECO, this move fits with Switzerland’s policy of supporting private firms that seek to help African blockchain start-ups. Funding for Successful Applicants According to a Swissinfo report, CVVC will fund the best blockchain start-ups “in South Africa, Nigeria, Kenya, Rwanda, Congo and other countries.” The report adds that the initial five successful applicants will....
The Cape Innovative and Technology Initiative (CiTi) has announced the launch of South Africa's very first Bitcoin incubator, the BitHub. The non-profit innovation group, known for its impeccable contribution in accelerating technology startups in South Africa, believed that it was time for inspiring innovators - coders, entrepreneurs, investors, etc. - to collaborate and build futuristic Bitcoin applications. According to Ian Merrington, the CEO of CiTi, they always wanted to create a private physical space - an incubator - to foster ideas that are particularly pitched to improve upon the....
Delhi has been ruled by many an odd ruler but the strangest until now was a Sultan by the name of Muhammad Bin Tughlak. Ibn Battuta, the Moroccan scholar spent some time at this Sultan’s court and wrote of him as a man who seldom took advice and depended solely on his own judgment. Modi and Tughlak. Tughlak is famous in Indian history for shifting the capital from Delhi to the South Indian city of Daulatabad. It is said that he forced the whole population of Delhi to shift as well. As Ziauddin Barani wrote about him, “Without consultation or weighing the pros and cons, he brought run on....
South Korea has announced that it is now putting measures in place for the spread of top digital currency, Bitcoin. The Asian country is home to a few Bitcoin exchanges including Korbit and CoinOne which are currently placed in the 22nd and 29th positions in the list of top exchanges according to a 24-hour volume rankings on CoinMarketCap. It is also home to CoinPlug which has been around since 2013 and introduced the two-way Bitcoin ATM in the country. Getting bigger for Bitcoin. As suggested by the Chairman of the Financial Services Commission (FSC), Yim Jong-yong, the government now....