Blockchain and AI Solutions Firm Birthvenue Bags The R3 Corda Challenge India, 2020

The blockchain and AI solutions company, BirthVenue Growth Solutions, was announced as the winner of the highly coveted R3 Corda Challenge on December 8th, in the first-ever Corda Challenge in India. The prestigious Corda Challenge, recognizing BirthVenue’s success in providing innovative blockchain solutions for invoice discounting. R3 Corda brings together many BlockChain solution companies from all parts of the country to review the latest developments in the digital ledger community.

We are thrilled to announce the three winners of our recent Corda Challenge: India - congratulations to @birthvenue @PVolody @tessellate_img!

Find out more about the innovative solutions they are building on @Cordablockchain on October 22 at #CordaCon2020 https://t.co/feqDlqfCVy pic.twitter.com/VrIkm936Yn

— inside_r3 (@inside_r3) October 16, 2020

This year’s (2020) challenge was to create a purchase order invoice discounting application and it was a 3-round challenge. Their team noted down the problems that current deep tier financing faces such as mistrust amongst the players, authorization being with a central party (e.g. Banks, LoC’s, etc.), fraud, alterations, later trade disputes, manual processing of paper-based documentation, manual modes of communication to name a few. They went on to propose an end to end digital infrastructure equipped with a trade facilitation platform equipped with a blockchain-enabled KYC process which reduced valuable resources involved in the on-boarding process.

The main focus was to focus on financial choke points which would map the credibility of the users established by the profile history on the platform. This created the potential to provide a large variety of product offerings, settlement conditions, and payment terms.

The company launched in September 2018 has differentiated itself by the quality of decentralized projects delivered to date and has continually contributed to improving the way that blockchain is adopted in the country. “We are extremely happy to have been recognized as one of the best solution providers for Blockchain-enabled discount based invoicing solutions in the country by R3 Corda”, said Sabarish Nair, Director of Operations at BirthVenue. “Blockchain is going to enter pretty much all the industry verticals in the coming years, ranging from education to supply chain to fintech and many more”, He added. Lakshay Taneja, Strategy and Partnerships noted - “We are looking forward to work closely with Federal Bank and R3 as part of this win, to make this project a huge success”


BirthVenue now plans to capitalize on the wide recognition its product has garnered in the market by deploying more products in AI & Machine Learning. Their recent product in InsureTech has already been adopted by TrueCover and is currently working with TradeFi companies like Origo. Their mission is to make the world a better place by providing next-gen technology solutions to leverage the impact of companies on society and community wellbeing.

BirthVenue Launches Blockchain Training Program for Young Professionals

BirthVenue Growth Solutions Pvt Ltd has launched a new Blockchain training program for young professionals working out of coworking spaces or any company offices. After a recent entry in the education market, BirthVenue has started expanding its up-skilling services from college students to early & mid stage professionals across sectors.

After PES University in Bangalore successfully adopted their Blockchain training program, many more colleges have been looking to implement a similar training curriculum from the next semester commencing from January. Their first program has been specially designed for the needs of university students to understand the fundamentals of Blockchain and adopt it as a career.

To help the community further and increase the impact, BirthVenue is now expanding its training services to working professionals in corporate, startups, and anyone situated out of centers like co-working spaces. The delivery model of this new program is quite different for professionals for reasons such as heavy focus on practical hands-on applications, and a good peer group of friends and colleagues in the same location.

Through BirthVenue's skilled team and latest partnerships, they have the potential to scale their services and offer this much sought after course to a broader audience. The biggest blockchain training provider, IBM, has officially partnered with BirthVenue for their development and training services. What this partnership means for BirthVenue is great support in terms of curation, network of blockchain experts, latest updates in the blockchain industry, and most important - internationally recognised certifications.

"Learning something is a lot like downloading a computer program into your memory. The simpler it is, the more effective your skills would become. The more personal it is, the higher will be your retention of the same. Hence, we strongly believe that offline + online combination is the right way to go about deep tech training like Blockchain." said Rohit, Director of BirthVenue.

BirthVenue aims to differentiate itself from other Blockchain training providers by focusing on a balanced combination of offline and online. Specifically, to control the quality of the program, there is a cap on the maximum subscription for each batch. The delivery of the training in universities is quite straightforward as once the university is on board, they only need to provide space for the training and will almost certainly have a confirmed number of subscription for each batch.

For this purpose, BirthVenue has partnered with a couple of centers in Delhi & Bangalore to provide training to the people who work out of those places.

On trying to understand the demand for blockchain training in India, they have identified that offline models often make more of an impact that online models. A lot of the members subscribing to their Blockchain training program have previously taken some form on online training to upskill and have found it inefficient or lacking intensity.

So in order to keep the program relevant, industry-focused, and hands-on, BirthVenue’s main focus is on providing in-person, face-to-face training by accomplished industry experts. It is clear from this business model that Birthvenue intends to provide quality focused training and becoming the go-to blockchain training providers in India.