The Indian Institute of Management, Lucknow‘s Enterprise Incubation Centre (IIML-EIC) today announced the establishment of a Centre of Excellence in Blockchain Technology (CoE-BT). The Government of Uttar Pradesh is supporting this initiative under its StartInUP Policy.
This significant development aims to create and nurture 100 startups in the blockchain domain over the next five years, fostering innovation and entrepreneurship throughout the state of Uttar Pradesh, the official release states.
In partnership with Microsoft India, IIM Lucknow will establish three outreach centers across Uttar Pradesh to promote and nurture blockchain-based innovation. The proposed regions for these centers are Gorakhpur, Lucknow, and Greater Noida/Meerut.
The Centre of Excellence in Blockchain Technology will serve as a unique facility within the state, acting as both a Resource and Technology Development Center, dedicated to advancing the state’s technological capabilities and fostering a thriving ecosystem for blockchain innovation, IIM Lucknow stated in an official release.
The collaboration with Microsoft under CoE BT will identify new opportunities for innovations and support new technologies to stay ahead of the curve in the blockchain field. This collaboration will be an excellent opportunity to contribute to the development of innovative blockchain solutions that will significantly impact technological infrastructure,” said Prof Ashish Dubey, Faculty-in-charge. IIML-EIC.
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