‏إظهار الرسائل ذات التسميات Avalanche. إظهار كافة الرسائل
‏إظهار الرسائل ذات التسميات Avalanche. إظهار كافة الرسائل

Avalanche Partners with Centurion University to Launch Blockchain-Based Academic Degrees in India

Avalanche Partners with Centurion University to Launch Blockchain-Based Academic Degrees in India

Avalanche, the world’s leading blockchain platform, has collaborated with Centurion University of Technology and Management, Andhra Pradesh (CUTM-AP) to issue blockchain based academic degrees. Starting this academic year, students will receive a blockchain-secured credential, which is tamper-proof, transparent, and instantly verifiable across the globe. The university will issue 1,000+ degrees annually, covering bachelor’s, master’s, and doctoral programs, as well as diplomas, certificates, gold medals, and honorary degrees.

Centurion University (CUTM-AP) is deploying Avalanche’s fast and scalable blockchain to make every graduate’s degree secure, permanent, and globally accessible. Recruiters, institutions, and government agencies can verify credentials instantly within seconds, reducing the chances of academic frauds. The partnership underscores the University’s dedication to advancing Digital India while empowering students with future-ready tools. By safeguarding the authenticity of academic records, the initiative reinforces the University’s commitment to integrity and ensures global recognition for its graduates.

Blockchain technology is transforming the way institutions preserve and verify academic records. With this initiative, we are strengthening trust in our degrees while giving our students an edge in a digitally connected world,” said Dr. PK Mohanty, Vice Chancellor, CUTM-AP.

Authenticity and trust are the cornerstones of higher education. By issuing degrees on Avalanche, we are empowering students with secure credentials that will stand the test of time and remain verifiable anywhere in the world, we aim to replicate this model in educational institutes across India.” said Devika Mittal, Regional Head at Ava Labs.

Governments or accrediting agencies act as the trusted authority in blockchain-based degrees. Through initiatives like the Certificate Chain on the official blockchain platform, they are responsible for issuing, validating, and authenticating credentials on the blockchain. This ensures trust, transparency, and official recognition of the degrees by the Ministry of Electronics and Information Technology, Government of India.

Blockchain technology presents a viable alternative to traditional systems by cutting yearly subscription fees. In the long term, implementing blockchain based degrees will lead to significant long-term savings by automating credential verification, reducing administrative overhead, and eliminating fraud.

The global market for blockchain in education is just getting started. Valued at $240 million in 2023, it’s on track to grow at a blistering pace, nearly 44% every year between now and 2030. By the end of the decade, this market is expected to hit $3.07 billion, showing how quickly schools, universities, and training providers worldwide are adopting blockchain to secure and verify academic credentials.

About CUTM:

Centurion University of Technology and Management (CUTM) is a multi-campus state private university in Andhra Pradesh and Odisha, India. It offers a wide range of programs from vocational and undergraduate courses to master’s and Ph.D. degrees in engineering, applied sciences, agriculture, design, health sciences, management and other fields. Centurion University, Odisha accredited with an ‘A+’ grade by the NAAC, emphasizes industry-integrated, experiential learning and sustainable development. CUTM engages students in tech innovation through its Campus to Crypto initiative (also known as the CUTM Blockchain official community). This on-campus club organizes workshops, hackathons and bootcamps on blockchain and Web3. For example, Centurion hosted a 4-day Avalanche India bootcamp, drawing students and developers to learn Avalanche technology. The university’s blockchain degree rollout builds on this foundation, combining CUTM’s educational mission with Avalanche’s cutting-edge Blockchain platform.

About Avalanche Blockchain Network:

Avalanche is a high-performance blockchain platform designed for builders who need to scale. Engineered with a revolutionary three-part Layer 1 (L1) architecture, Avalanche is anchored by its Avalanche Consensus Mechanism, ensuring near-instant finality for transactions. The platform also features an open-source Layer 0 (L0) framework, enabling the seamless creation of interoperable Layer 1 blockchains with high throughput on both public and private networks. Supported by a global community of developers and validators, Avalanche offers a fast, low-cost environment for building the next generation of decentralized applications (dApps). With its unique blend of speed, flexibility, and scalability, Avalanche is the preferred choice for innovators pushing the boundaries of blockchain technology. For more information, visit avax.network

Avalanche and Team1 Launch $100K India Grant to Fuel Web3 Innovation Among Young Developers

Avalanche and Team1 Launch $100K India Grant to Fuel Web3 Innovation Among Young Developers

Avalanche, a high performance blockchain platform announced today that it has collaborated with Team1, a global network of builders, developers, creatives, and community members to launch a pilot $100,000 Team1 India Mini Grant fund, aimed at empowering and accelerating the Web3 ecosystem in India. This initiative represents a significant commitment to fostering innovation and driving the next wave of digital advancements in the region.

Most of the developers entering the Web3 space are newcomers and under the age of 27. Young developers lose passion due to insufficient funding opportunities and lack of quality mentorship. Avalanche and Team1 have created a dedicated team to explore potential Web3 projects and startups to disburse the grants promptly and work closely with the project team to help them scale their operations. The Avalanche team will monitor the team’s progress and provide access to Avalanche tools, community network, collaboration opportunities, and hackathons. The potential projects and startups will be selected through an In-person demo that will take place in multiple cities across the country.

Commenting on the development Devika Mittal, Regional Head at Ava Labs, said “India is rapidly gaining reputation as a major hub for Web3 developers globally and is projected to be the largest by 2028. Currently, there are 1200 Web3 startups in India and we aim to significantly increase this number by 2026 through our #Team1MiniGrants fund. Our initiative will fill the funding gap for web3 projects and create a level playing field for talented developers. In particular, we hope to see young developers, both men and women, applying to the fund.”

Commenting on the development, Eamonn Deane, Head of Ambassador Program at Ava Labs and Team1, said “India, being one of the tech superpowers of the world with strong digital infrastructure, provides a strong foundation for the growth and adoption of blockchain technology. With active participation from the government and big private enterprises, we see a huge growth potential for Web3-related products and services. Apart from metros, we aim to include projects from Tier 2 and Tier 3 cities due to the fast-paced innovation in smaller Indian towns and cities”.

Avalanche is aggressively betting on India to create one of the world’s largest Web3 ecosystems. The large talent pool, business-friendly policies from the government, and robust digital infrastructure make India a highly lucrative Web3 destination. Avalanche recently collaborated with Indian state governments to execute the tokenization of land assets in India and unlock the economic potential of idle land parcels across the country. The recent collaboration between Avalanche and global digital exchange, Bitget is also aimed at boosting the Web3 ecosystem in India.

This strategic initiative underscores Avalanche’s commitment to driving innovation and growth within the region, empowering developers and entrepreneurs to push the boundaries of what’s possible in the blockchain space.

To apply for the grants, visit https://grants.team1.network/


About Avalanche Blockchain Network

Avalanche is a high-performance blockchain platform designed for builders who need to scale. Engineered with a revolutionary three-part Layer 1 (L1) architecture, Avalanche is anchored by its Avalanche Consensus Mechanism, ensuring near-instant finality for transactions. The platform also features an open-source Layer 0 (L0) framework, enabling the seamless creation of interoperable Layer 1 blockchains with high throughput on both public and private networks. Supported by a global community of developers and validators, Avalanche offers a fast, low-cost environment for building the next generation of decentralized applications (dApps). With its unique blend of speed, flexibility, and scalability, Avalanche is the preferred choice for innovators pushing the boundaries of blockchain technology.

For more information, visit avax.network.

About Team1:

Team1 is a global network of builders, developers, creatives, gamers & community members who grow Avalanche. After starting just one year ago with the first cohort, Team1 has since organized over 600 community events, collaborated with 80+ universities and has members in 51 countries. For more info and to join Team1, visit https://www.team1.network/

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