Deccan Chronicle

BLOCKCHAIN PROTOCOL ROLLS OUT TESTNET

- DC CORRESPOND­ENT

Eleven01 India’s first native blockchain protocol launched their testnet, aiming to make blockchain technology ready for real-world use in both public and private workloads. The implementa­tion of an

Eleven01 testnet provides users with an ecosystem to create, publish, and extend the core blockchain services offered through the Eleven01 platform in the world's second fastest growing market, India.

According to PwC, India is poised to be a blockchain leader in the next five years with the right balance of industry and government participat­ion. Eleven01’s testnet signifies the building block towards that future. The current platform is geared toward emerging markets looking to implement blockchain technology solutions into mainstream industries including, but not limited to, retail, agricultur­e, banking, healthcare, finance, and logistics.

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