Eleven01 — our journey in powering blockchain applications for the next billion users

Eleven01
Eleven01
Published in
9 min readJan 28, 2020

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Through its ability to enable the secure movement of digital assets, blockchain promises the Internet of Value. Eleven01, India’s first native blockchain protocol, spearheads the movement to bring this technology into the everyday lives of people by joining hands with problem-solvers in this space. We could see India, a hub for information technology services, as a global blockchain leader in the not too distant future. We are leaving no stone unturned to expedite the blockchain revolution and have been moving quickly towards the goal.

Here is an account of the exciting journey of Eleven01 so far:

Partnerships

Eleven01 built partnerships with companies that are looking to build solutions for everyday problems with blockchain technology. These partnerships helped Eleven01 strengthen its position as India’s first native blockchain protocol and in bringing blockchain to the next-billion users. Here’s a recount of the partnerships that Eleven01 signed in the past:

DOCSINBLOCKS

DocsinBlocks is a decentralized blockchain venture focused on document management. Eleven01 partnered with the company to solve documentation problems like data tampering, identity theft, and the mismanagement of information using the Eleven01 blockchain Protocol and DocsinBlocks’ identity verification and management systems.

https://medium.com/eleven01-blog/were-collaborating-with-docsinblocks-to-bring-immutability-and-transparency-to-document-management-5df129bb022d

BLOCKCLUSTER

BlockCluster is building an automation ecosystem for blockchains which will allow businesses to create, deploy and manage their decentralized applications on the fly. Eleven01 joined hands with BlockCluster to enable enterprises to build their businesses with blockchain. The platform provides auto-generated web services for necessary steps involved in any blockchain use case; this includes setting up the cloud infrastructure, managing nodes, configuring smart contracts, designing workflows and integrating external plugins.

KLAYTN

Eleven01 partnered with Klaytn (GroundX), Korea’s leading internet giant Kakao’s a public blockchain platform, to collaborate on technological advancements and explore joint go-to-market strategies in India and South Korea. From an ecosystem point of view, this strategic partnership is keen on exploring investment-worthy startups in the blockchain industry.

STATWIG

STATWIG is a cloud-based supply chain management company that employs blockchain and IoT to bring visibility and transparency in the extended supply chains. Eleven01 partnered with the company to offer blockchain solutions to various industry verticals that need cold chain management concerning the storage and distribution of perishable products such as food, vaccines and biological products.

HDAC

Eleven01’s partnership with Hdac hovers around exploring the incubation, investment, and development opportunities in blockchain and related areas. Hdac Technology is a blockchain technology company founded by the CEO of Hyundai BS&C, Dae Sun Chung. The company is working towards becoming a highly-reliable blockchain network allowing for convenient use of the IoT and blockchain-based services.

AUTOMAXIS

Automaxis builds a micro-automation platform on the blockchain to increase the speed flow of commercial data across international borders. Eleven01 partnered with the company to traverse through the potentials of the blockchain technology in automating trade flow. In alliance with Eleven01, Automaxis attempts at reducing the operational time and error in international trade through India’s native blockchain protocol.

LEARNITUDE TECHNOLOGIES

Learnitude Technologies is one of India’s finest IT solution providers and they specialize in best-in-class enterprise resource planning, customer relationship management, cloud management, digital marketing solutions, web & mobile app development. Our partnership with the company focuses on exploring the potential of Blockchain as a Service (BaaS). Eleven01 assists Learnitude to build prospective Decentralised applications (DApps) for their clientele across several enterprises from multiple verticals.

ICRISAT

Eleven01 joined hands with the International Crops Research Institute for the Semi-Arid Tropics (ICRISAT) to explore challenges in the agriculture sector in India that blockchain technology can cater to. ICRISAT provides us with incubation support to our Centre of Excellence (CoE) to bolster technological innovation in the agriculture sector.

KHETHINEXT

KHETHINEXT is an agri-tech platform that is working to achieve digital transformation in the agriculture sector. Eleven01 provides technical support to the company to develop a blockchain-based application that will enable farmers to improve their productivity. KHETHINEXT aims to provide farmers with the opportunity to value their farm produce, trace its movement, and monitor the qualitative and quantitative aspects as it moves through farms to end customers.

SANSODHAN E-WASTE EXCHANGE

A virtual e-waste aggregation platform, Sansodhan e-Waste Exchange, partnered with Eleven01 to build an organized e-waste management sector. The company is based out of Hyderabad, India and works towards minimizing the air, water, and land pollution caused by mishandled e-waste. Eleven01 provides the company with technological support by incorporating the blockchain technology into the e-waste ecosystem. We help the team explore the different ways in which a blockchain-based database can make e-waste management transparent, reliable, and hassle-free.

BLOCMINT

Eleven01 entered into a strategic partnership with BlocMint, a solution provider for digital transformation with a focus on the Middle East region. BlocMint uses the Eleven01 protocol to build dApps and facilitates growth and development with the blockchain sector in the region through knowledge-sharing initiatives.

BOLTTCOIN

Bolttcoin, a decentralized health & sports venture based on blockchain, joined hands with Eleven01 to exchange domain expertise, and come together for the creation of health and fitness-based decentralized applications on the Eleven01 protocol. Boltt is a forerunner in the mobile health & wearable-tech space that came up with the world’s first digital health currency — BolttCoin.

PIPRA SOLUTIONS

Pipra Solutions, a solution provider working to enable the larger adoption for emerging technologies like Blockchain, partnered with Eleven01 to bring to life Realmeds — a dApp that will enable efficient and seamless processing in the supply chain for drugs and pharmaceuticals.

AUTHORITO CAPITAL

Eleven01 signed a Memorandum of Understanding (MoU) with Authorito Capital to facilitate growth and development within the blockchain sector. Authorito is an early-stage investment fund for blockchain projects with a great foothold in the Middle East and South-east Asia.

New People Onboard

While building a robust blockchain ecosystem, Eleven01 focused on strengthening its team by onboarding veterans in the blockchain industry. In September 2019, Eleven01 onboarded Suresh Ponnusamy as the CTO.

A veteran developer and an architect with a deep understanding of Information Technology, Suresh Ponnusamy has a strong grasp of the distributed systems and a big proponent of the blockchain technology. As the CTO of Eleven01, Suresh’s role involves taking over the entire development cycle of the Eleven01 protocol and leading the product team to build a robust, dynamic protocol that will power India’s blockchain needs.

Expediting Blockchain Adoption

The Eleven01 protocol caters to the growing needs of the blockchain industry. The major product releases are as follow:

Eleven01 Testnet: A New Chapter in Indian Blockchain Industry

In our mission to bring blockchain for the next billion users, we achieved a major milestone in launching the Eleven01 Testnet. The testnet is open for both private and public workloads and offers an ecosystem for developers to create, test, and publish blockchain applications. This also enables us to gain direct customer feedback to further improve the protocol.

Plugin for Visual Studio (VS) Code

To simplify the development of smart contracts or any Solidity-based implementations on the Eleven01 Protocol, we released a plugin for Visual Studio (VS) Code on Microsoft’s Visual Studio Code Marketplace.

Updated Explorer

The Eleven01 Block Explorer has been revamped to provide users with a better developer-experience. We have added a few more features where comprehensive data on blockchain activity on the Eleven01 Protocol coupled with an improved UI/UX.

Eleven01 Knowledge Base

Industry experts at Eleven01 share their immense knowledge and insights to the community through thoroughly researched articles. Here are some of the widely spread articles published on the channel:

Why India Needs a Native Blockchain Protocol

What’s stopping countries from adopting blockchain?

What’s stopping enterprises from adopting Blockchain?

Major Blockchain Applications that Can Reform the Media Industry

How can blockchain help secure our data?

Blockchain-based Use Cases for Traditional Industries, Beyond Bitcoin

5 Blockchain Applications that can Increase Efficiency in Energy Management Systems

A Comprehensive Guide on How to Build dApps on Eleven01 Protocol

How dApps play an important role in the gig economy

dApps: It’s been 5 years since… Where are they headed now?

How Docsinblocks is Building a Trustless Document Management dApp on the Eleven01 Protocol

KETHINEXT & Eleven01

Other Significant Events

Eleven01 Private Presale Round

After months of relentless development on the product, partnership, and ecosystem front, Eleven01 opened up the project to the investor community by launching the private presale.

The IND Contest

The IND Contest by Eleven01 is an initiative to open the doors to the Eleven01 Community to take Eleven01’s vision forwards — Bringing blockchain to the next billion users.

Concluding Phase 1 of Eleven01 Airdrop

Eleven01 successfully concluded the first phase of the Airdrop.

Token Generation and Distribution

Eleven01 has successfully concluded the TGE of the E01 token and is currently working on disbursing the tokens to pre-sale investors on priority. As of the community, here is a list of all the participants who are set to receive Eleven01 tokens. PFA the consolidated list here — https://docs.google.com/spreadsheets/d/1bFW8SGSZThY07sitqkZZO0zbim0apWEhuseOCEo8h14/edit?usp=sharing

With the conclusion of the TGE, we are also happy to announce that we have worked with the Nucleus Vision team to finalize the promised nCash airdrop. As per the nCash team, a total of 54,000,000 E01 tokens ($200,000) will be distributed across the total circulating supply for nCash; 6.25 billion. The token ratio with this mapping is 1 E01 = 110 nCash.

Eleven01 continues to build solutions that will enable problem-solvers to create blockchain applications to address the real-world problems and challenges. Eleven01 will also join hands with movers and shakers of the technology world to take this exciting journey further.

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Eleven01
Eleven01

The world’s largest blockchain ecosystem, built around India’s only blockchain protocol