SettleMint, Belgium-based Blockchain Tech Leader Starts Operations in India
Belgium-based block-chain technology giants, SettleMint has announced the launch of its India operations at the private residence of Ambassador of Belgium. Headquartered out of New Delhi, this is SettleMint’s fifth operation after Belgium, UAE, Saudi Arabia and Singapore.
Speaking about the launch, Matthew Van Niekerk, CEO, SettleMint, comments, “We are delighted to begin our journey in India, which is currently a hotbed of block-chain technology activity. Keeping in line with the incredible adoptation pace of block-chain technology world over, India as well stands to benefit from block-chain as a key technology to realize Honourable Prime Minister’s vision of becoming a $5 trillion economy. We have reached delivering a solution rather than hype in the block-chain lifecycle. SettleMint drastically reduces the complexity of block-chain technology, making it easy and fast for organization to turn a business concept into a working block-chain application from 12-18 months to at most a few weeks”.
NASSCOM’s recent Block-chain report states that, block-chain growth in India is showing rapid growth and investments have touched over $20 billion across various industries. It also claims that many state governments in India are supporting block-chain start-ups and projects and organizes conferences and hackathons on this.
“We are one of the simplest and fastest block-chain solution providers in the world. Our core technology accelerates the path to leveraging the benefits of block-chain technology: whether those enterprises are looking to improve efficiency, to extend their current products to a new client segment or to completely reinvent an existing business model. SettleMint encapsulates years of R&D on the technical, operational & organisational aspects of Block-chain technology & packages this in fully documented APIs, micro-services, browser components and templates that strips away complexity, providing developers with the building blocks required to build full stack applications”, says Shazad Fatmi, CEO, SettleMint India.
As of now, SettleMint has undertaken the development of 35+ fully functional block-chain applications and researched more than 500 known use cases. ‘Mint’, the patented technology cover 85 percent of the use cases for Block-chain technologies and integrates block-chain technologies into an application that takes less than three hours.
Founded in 2016, SettleMint makes it easy for developers to integrate block-chain technologies into their applications and addresses the single biggest inhibitor to adoption, developer capabilities. It also offers companies the shortest path to block-chain business case realisation making it easy for any organization to build business solutions with block-chain.
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