Reporting from Cointelegraph, recently the Algorand Foundation announced several partnerships in India, including collaborations with schools to develop educational programs to help develop Web3 in the country.
What is Algorand doing to drive Web3 adoption in India? Check out the full news below!
Algorand Foundation Collaborates With 2 Universities To Launch Web3 Education Program. According to Cointelegraph, the Algorand team said they collaborated with Jawaharlal Nehru Technological University Hyderabad and the Indian School of Business to launch educational programs.
The program includes programs for faculty development and student development training. In addition, the company will be hosting masterclasses for businesses looking to dive into the world of Web3. Anil Kakani, Algorand country head for India, said that the collaboration aims to build a sustainable impact.
We are poised to become the center of attention in India and around the world to drive world-changing solutions to increase access to financial services, healthcare, education, and many other important applications, said Kakani, quoted from Cointelegraph.
Apart from the education sector, this company is also trying to get into startup companies in India. Algorand also announced a collaboration with T-Hub, a Hyderabad-based innovation hub. According to T-Hub CEO Srinivas Rao Mahankali, this collaboration will help local startup companies to access capital from around the world and scale their projects globally.
Algorand Foundation Makes Global Expansion Happen
The Algorand Foundation is also the technology partner for the Global Climate Resilience Fund launched by the Clinton Foundation. This fund will contribute to helping local businesses connect to carbon markets and monetize carbon credits. The company will support women-led businesses through seed investments and accelerator programs to increase financial inclusion.
I am very happy to be back in India, and especially to see the reception and enthusiasm from people across the country for technology that can significantly and positively affect their quality of life, said Staci Warden, CEO of Algorand Foundation. Quoted from Cointelegraph, Warden stated that this partnership will help blockchain fulfill its potential and help local ecosystems to become more inclusive economies.
The reason is, until now the Algorand Foundation continues to expand its presence globally. On December 13, 2022, Algorand announced that they had been selected to support a bank guarantee and insurance platform in Italy.