Lumos Labs Collaborates with Industry Leaders to Launch the Century Program
At Lumos Labs, we’re passionate about building a collaborative tech community in India where startups in the emerging tech space can grow, learn and scale. The Century Program is a testament to this passion. It is an enterprise Blockchain Startup Program to evangelise, curate and unearth 100 best enterprise-ready Blockchain solutions for industry-specific use cases.
According to the Nasscom Avasant India Blockchain Report 2019, the emergence of Blockchain 3.0 with its increased security, interoperability and scalability is set to accelerate enterprise adoption. However, there is a need for Indian service providers to expand their capabilities by implementing a diverse set of blockchain use cases across all major sectors. Century Program aims to address this need by defining the problem statements in each sector, identifying enterprises exploring solutions for these problem statements and connecting them to relevant start-ups with an enterprise ready use case solution.
So, How is The Century Program Supposed to Help the Average Indian Entrepreneur?
The Century Program is a Corporate- SME bridge program, which will help unearth blockchain solutions for industry-specific use cases. These use cases will be built out into enterprise-grade PoCs (evaluated independently), which will be taken to market by each sponsor. Each industry track under the Century program will go through a journey of 4 months. The aim of the program is to bring out 100 solutions for all the 7 tracks over the course of 18 months starting July 2020.
The Tracks include:
- Media and Entertainment
- Oil & Natural Gas
- Discrete Manufacturing
- Trade Finance
- Health Care
- Telecom
- Public Sector
Here’s how startups stand to benefit from the Programme
Meet Our Partners
Joining us in this journey are some exceptional folk from ŠKODA AUTO DigiLab India and Tech Mahindra. They have partnered as the first original equipment manufacturer (OEM) and System Integrator (SI) respectively for the Discrete Manufacturing track of the Century Program.
ŠKODA AUTO DigiLab India, a division of ŠKODA AUTO Volkswagen India Pvt Ltd, aims to use its development expertise and knowledge in digitisation to identify the problem statements for the start-ups to work on innovative Blockchain based solutions. Platform partner — Tezos India will guide and advise participants to the developer tooling to build their decentralised applications on Tezos, a secure, open source, and self-amending blockchain protocol.
Microsoft will help accelerate their startup journeys through mentorship, streamlined go-to-market (GTM) activities and access to world-class technology resources. The program intends to identify and solve real time business challenges and blockchain use cases faced across seven industry verticals including Media and Entertainment, Oil and Natural Gas, Trade Finance, Healthcare, Public Sector, Discrete Manufacturing and Telecom sector using blockchain technologies.
Mr. Pranav Kulkarni — CIO, ŠKODA AUTO Volkswagen India Private Limited commented, “As the Automotive Industry continues to evolve, the onset of Blockchain technology will be a defining transformation in the development and manufacturing of the next-generation of cars. Through the Century Program, ŠKODA AUTO DigiLab India will foster this ecosystem of innovation among startups and identify implementable solutions in the space of digital tools and mobility platforms”
Rajesh Dhuddu — Blockchain and Cybersecurity Practice Leader, Tech Mahindra, said, “As part of our TechMNxT charter, we are constantly looking to expand our partner ecosystem by connecting with industry-leading companies. Being one of the founding members of the Century Program, we are committed to the success of this program and look forward to collaborating with Microsoft and Lumos Labs to pave the roadmap for ‘next-gen’ blockchain solutions that will solve complex business problems in the real world. Our deep domain and technical expertise combined with extensive industry networks will help innovators become enterprise ready and scale their operations globally.”
Sanjay Anand — General Manager, Azure Commercial Industry, Microsoft said, “The Century Program will accelerate possibilities to create great enterprise solutions for blockchain in India by scaling existing competencies, surmounting awareness bias, and making blockchain more mainstream across various sectors. Partners like Tech Mahindra, ŠKODA AUTO DigiLab India and Tezos India will further help strengthen the blockchain adoption immensely by highlighting the secured, interoperable, and scalable environment that this technology provides. Microsoft is delighted to be able to provide the right platform to make this happen.”
Om Malviya — President, Tezos India added, “As an organisation dedicated to support the Tezos ecosystem in India, we believe in partnering with innovators in the ecosystem to drive the industry forward. This collaboration with Microsoft, Tech Mahindra, ŠKODA AUTO DigiLab India and Lumos Labs for the Century Program is a step forward in this direction. The next 18 months will be an exciting time for the Indian blockchain ecosystem — startups, developers and enterprises alike; as they set the course in this journey of identifying implementable, enterprise grade blockchain solutions. We are excited to be a part of this journey with them in extending the Tezos network and our in-house expertise to mentor and train the participating startups. ”
Click here to know more and apply for the Century Program.
Registrations for the program are open from today!
