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NITI Aayog partners with 5ire, Network Capital for Blockchain Module

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New Delhi: NITI Aayog’s Atal Innovation Mission (AIM) has come out with the first-of-its-kind Blockchain Module, the ATL Blockchain Module, in partnership with 5ire and Network Capital.

With its safe and decentralised platform for data storage and movement, this cutting-edge technology will revolutionise how people and corporations connect and conduct business.

India’s digital transformation has advanced significantly with the debut of the ATL Blockchain Module on January 23, 2023.

5ire, one of the Blockchain unicorns with the fastest rate of growth in the world, contributed its technological know-how and expertise to the authoring of this lesson. The selection and conceptualization of the module were made possible by Network Capital, the biggest mentoring and career exploration platform in the world. In September 2022, 5ire acquired a stake in Network Capital.

Atal Innovation Mission mission director Chintan Vaishnav emphasised the value of “practical innovation” and the necessity of leveraging Blockchain technology to drive social change on the occasion of the unveiling of the ATL Blockchain Module.

The Government of India’s flagship programme, AIM, aims to foster an innovative and entrepreneurial culture throughout the country. Its goals are to establish new programmes and policies for promoting innovation across the economy, give venues and chances for stakeholder engagement, and build an oversight framework for the nation’s ecosystem for innovation and entrepreneurship.

AIM-sponsored Atal Tinkering Labs have been established in more than 10,000 schools all throughout India. This programme aims to cultivate in young minds a sense of wonder, imagination, and creativity as well as to teach them skills like design thinking, computational thinking, adaptive learning, physical computing, etc.

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