Kalp Decentra Foundation, known by its brand name KALP, and the Birla Institute of Management Technology (BIMTECH) have announced a strategic partnership to create a Blockchain Learning Centre at BIMTECH’s campus. This initiative aims to advance blockchain education and research, offering students and professionals the latest knowledge and skills in this transformative technology.
Global Blockchain Market Growth
The global blockchain technology market, valued at $17.57 billion in 2023, is expected to grow significantly, reaching $27.84 billion in 2024 and an astounding $825.93 billion by 2032. This growth, driven by increased adoption of blockchain for secure transactions and substantial investments, underscores the need for educational initiatives like the one between KALP and BIMTECH. The partnership aims to prepare the next generation of blockchain professionals by providing both practical experience and theoretical knowledge, equipping them with the skills necessary to teach and innovate in the blockchain industry.
Educational and Practical Experience
The collaboration between KALP and BIMTECH aims to foster collaboration among students, faculty, and KALP Blockchain, promoting innovative research and project development. The initiative will provide students with industry opportunities, internships, and practical experiences, bridging the gap between academic learning and real-world applications in blockchain technology.
Responsibilities and Contributions
Under the terms of the agreement, KALP will handle course development, including designing and providing comprehensive course materials and resources. They will also conduct faculty training through workshops and training sessions and deliver lectures and hands-on workshops for students. BIMTECH, on the other hand, will provide the necessary infrastructure and facilities to conduct the course, ensuring the active participation of faculty members in training sessions and encouraging student enrolment and participation in the program. Additionally, BIMTECH will offer administrative support for the smooth execution of the program.
Formalization of the Partnership
The Blockchain Learning Centre’s establishment is led by BIMTECH’s IT department, with the guidance and support of the Director. The Memorandum of Understanding (MoU) was formalized in a closed ceremony attended by key representatives from both organizations. BIMTECH was represented by Dr. Prabina Rajib, Director; Dr. A.V. Shukla, Registrar; Dr. Pankaj Priya, Deputy Director; Dr. Kapil Garg, IT Area Head; Dr. Amarnath Bose, IT Infrastructure Head; and Dr. Ruchi Garg, the Point of Contact for the Blockchain Learning Centre. Representing KALP were Co-Founders Mr. Tapan Sangal and Mr. Gagan Singhal, along with Chief Business Officer Mr. Kapil Dev, each bringing their vision and expertise to the partnership.
Future Impact and Vision
KALP’s founder, Tapan Sangal, expressed enthusiasm about the collaboration with BIMTECH, emphasizing that the partnership is not only about sharing knowledge but also about equipping students and faculty with practical, hands-on skills. The Blockchain Learning Centre is expected to immerse students in real-world applications, fostering innovative thinking and the development of novel blockchain solutions. Sangal highlighted the exponential growth of the blockchain sector and the need to prepare professionals who can leverage blockchain’s potential to transform industries.
BIMTECH’s Director, Dr. Prabina Rajib, conveyed that the partnership with KALP underscores BIMTECH’s commitment to providing students with a superior academic environment. She emphasized that blending KALP’s advanced technical capabilities with BIMTECH’s educational infrastructure will establish a robust framework for knowledge exchange and professional development. The collaboration aims to empower students with cutting-edge knowledge and skills, preparing them to be leaders in the dynamic field of blockchain technology.
Conclusion
The collaboration between KALP Decentra Foundation and BIMTECH marks a significant step towards advancing blockchain education. By developing an extensive blockchain course, equipping faculty with blockchain teaching skills, and engaging students through practical projects and interactive sessions, the initiative aims to foster research collaboration and create pathways for students to gain practical industry experience. This partnership is set to play a pivotal role in preparing a new generation of blockchain professionals, ready to lead in a rapidly evolving technological landscape.