India Blockchain Alliance

The India Blockchain Alliance (IBA) is a not-for-profit organisation established in 2018 to promote the adoption of blockchain and distributed ledger technologies (DLT) in India. Its primary purpose is to provide mutual assistance in business development, networking, and cooperation among its members, while also advocating for their collective interests. IBA organises various events and training courses to raise awareness about the importance of blockchain technology among professionals and the general public.

As a key player in the blockchain industry, the India Blockchain Alliance aims to position India as a global leader in blockchain innovation. The alliance works closely with government authorities to contribute to the development of relevant legislation, ensuring a conducive environment for the growth of blockchain in the country. By fostering collaboration and unity among its members, IBA supports both individual and collective business development within the blockchain sector.

One of IBA's notable initiatives is the "Web3 On The Sea" project, launched in August 2023 with the support of the IT Ministry of the Goa government. This project aims to establish the first Web3 Hub in Goa, designed to accelerate over 500 Web3.0 startups and corporations worldwide. 

The India Blockchain Alliance (IBA) was established in 2018 as a not-for-profit organisation with the objective of promoting the adoption of blockchain and distributed ledger technologies (DLT) across both public and private sectors. The alliance focuses on fostering business development, networking, and cooperation among its members, while also advocating for the collective interests of the blockchain community.

IBA plays a significant role in raising awareness of blockchain technology among professionals and the general public by organising various events and training courses. The alliance actively collaborates with government authorities to contribute to the development of relevant legislation in the field. Through these efforts, IBA aims to position India as a global hub for blockchain innovation.

The membership of the India Blockchain Alliance is drawn from a diverse range of sectors, including blockchain, academia, information technology, computer science, and regulatory bodies. This close-knit network of experts and organisations works collectively to advance the adoption of blockchain technologies, connecting policymakers, academics, blockchain engineers, venture capitalists, and industry visionaries. The alliance remains committed to driving the growth of blockchain in India and ensuring its integration into various industries.

The India Blockchain Alliance (IBA) was founded with the vision of harnessing the transformative potential of blockchain technology to revolutionise India's financial, social, and governance systems. Recognising that blockchain has the capacity to make these systems more decentralised, open, and equitable, IBA is committed to ensuring that all stakeholders—whether in the private sector, public regulatory bodies, academia, or beyond—are engaged in meaningful dialogue. This inclusive approach is aimed at leveraging blockchain technology to benefit all Indians while positioning the country as a global leader in this emerging field.

IBA's mission is to see India at the forefront of blockchain adoption, driving significant improvements in economic and social systems. By promoting the responsible use of blockchain technology, IBA seeks to enhance competitiveness, efficiency, service quality, social engagement, and employment across the country. The alliance believes that blockchain can serve as a powerful tool for innovation, capable of transforming service delivery across all sectors of the economy. Through its efforts, IBA aims to create an environment where blockchain technology is not only widely adopted but also used in ways that contribute to the broader societal good.

The India Blockchain Alliance (IBA) has played a pivotal role in the evolution of blockchain technology in India, helping it transition from a novel concept into a thriving industry. Through extensive research and studies that cover all aspects of blockchain's application in contemporary technology and business landscapes, IBA has been instrumental in shaping the value chain of this nascent industry. By connecting various stakeholders and fostering collaboration, IBA has contributed significantly to the maturation of blockchain, ensuring that it is not only understood but also effectively integrated into diverse sectors.

Another significant impact of IBA lies in its efforts to establish standards and credentials within the blockchain space. By developing these benchmarks, IBA has created pathways for training and certifying a new generation of blockchain professionals. These individuals are equipped to work across a wide range of emerging and established blockchain platforms, thereby expanding the talent pool and driving further innovation in the industry. This focus on education and professional development has strengthened the foundation of the blockchain ecosystem in India, ensuring that the country is well-positioned to lead in this rapidly evolving field.