Hyderabad: Eleven01 (eleven01.io), 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.
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. With this protocol, developers will be able to implement blockchain technology that can integrate into India’s existing infrastructure as well as build solutions for a global audience.
“We are very excited about the launch of Eleven01’s testnet. It has been a critical milestone to complete and enables the project to start onboarding dApps and gain direct customer feedback. We have two key launch partners: KhethiNext, a growing agritech startup, and DocsInBlock, a financial documentation blockchain project, to start using and deploying the code to test run the platform,” said Ausaf Ahmad, CEO of Eleven01.
Going forward, Eleven01 intends to partner with Genesis Hack to increase its engagement with developer and student communities with initiatives like meetups, training, code hacks, dApp events and more.