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In exciting news, the Bitcoin Association for BSV now has a Citadel office in Bangalore, India, which will be officially inaugurated on October 16. This announcement couldn’t have come at a more interesting time since digital currency has been in the spotlight in India lately.

Appropriately, the Citadel is being set up less than a month after the first-ever Enterprise Utility Blockchain Summit in Bangalore on August 5, which saw nearly 200 attendees and speakers, including Dr. Craig S. Wright and IPv6 Forum President Latif Ladid.

The summit focused on India-stack and blockchain, scalability, IPv6 and IoT, micropayments, tokenomics, and their varied applications, followed by a technical workshop demonstrating BSV blockchain-based products by several companies.

The Citadel will be headed and managed by three of Bitcoin Association’s Ambassadors to India—Rohan Sharan of TimeChain Labs, Mallikarjun Karra of TimeChain Labs, and Parimal Priyadarshi of Nu10 Technologies. The space will be free to use for developers, CEOs, and BSV knowledge seekers to discuss, explore, and build utility-based projects on the BSV enterprise blockchain. It will also be used for BSV outreach events, hackathons, meetups, and regular meetings.

“The India Citadel shall distinguish itself by also being at the forefront of research, technical standards, and innovation, by having well regarded research figures from the BSV space such as Konstantinos Sgantzos and Xiaohui Liu on the advisory board along with a few Indian academics who together give direction to niche projects that will be executed by capable project leaders and their mentees,” Karra told CoinGeek.

When asked how they feel about the opening of the first Citadel in India, MoneySwipe’s Kumaraguru Ramanujam, also a Bitcoin Association Ambassador to India, said, “It is a great opportunity for young entrepreneurs and BSV developers to collaborate, and learn from each other, and for the BSV community to use the office as a co-working space.”

Ramanujam said that it shows Bitcoin Association’s commitment to the region and acknowledgment that India particularly is fast becoming the technology startup capital. Ramanujam is currently in London to take part in the Satoshi Black Dojo Cohort 3.

Sharing the same enthusiasm and vigor, Priyadarshi told CoinGeek that the BSV Citadel in India is a great move and will work as a foundation layer for the BSV growth ecosystem in the country. Priyadarshi stated, “India is a tremendous market for blockchain technology, and we would surely strive to leverage the incredible talent pool that we have here.”

“The next generation of the Internet is a US$13 trillion industry, and Bitcoin SV should be at the forefront of this transformation when it occurs,” Priyadarshi emphasized.

Watch: Enterprise Utility Blockchain Summit India highlights

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