Enterprise Blockchain Firm SettleMint Kickstarts Operations in India

SettleMint, the Belgium-based firm that facilitates enterprise blockchain applications to its global client base, has broke the news about the launch of its operations in the Indian subcontinent. The highly anticipated launch event of the firm was organized in its office located in the capital city of India, New Delhi.

The official reports revealed that SettleMint’s operations in India would be spearheaded by Shazad Fatmi. While talking about the start of their new journey in the Indian marketspace, the honorable CEO of SettleMint, Mr. Matthew Van Niekerk stated that his team is overwhelmed about the expansion in India, which according to him is a blossoming ground for the blockchain niche. He added that

Keeping in line with the incredible adoption pace of blockchain technology world over, India as well stands to benefit from blockchain as a key technology to realise Honorable prime Minister’s vision of becoming a $5 trillion economy.

Mr. Matthew bragged about the excellence of his platform by stating that SettleMint aims to bring down the complexities and issues related to the blockchain mass adoption. The platform has provided a helping hand to the institutions and organizations in fueling up the transformation process of a business idea into a full-fledged blockchain application from 12 to 18 months.

According to the reports concerning the matter, SettleMint is working on the development of over 35 revolutionary and efficient blockchain applications and has been involved in researching more than 500 known use solutions. The firm’s native patented technology “Mint” involves 85% of blockchain use cases and plunges down the time to market for the application developers. The system fosters the integration of blockchain technologies into an application in a mere time of three hours.

Niekerk quoted,

With various industries looking to adopt the technology in India, our focus would initially be on Banking and Finance, followed by industries such as healthcare, retail, logistics, insurance, micro finance institutes (MFIs) and government institutes.

About SettleMint

SettleMint was established in the year 2016 by the joint efforts of Matthew Van Niekerk and Roderik van der Veer. It serves as a service company focused on blockchain technology that renders lucrative solutions for the organizations that aim to build blockchain-pegged business solutions. The firm has spread its operations to several dominant cities and countries including Belgium, United Arab Emirates, Saudi Arabia, and Singapore.

SettleMint boasts of an amazing and strong clientele base, which includes Islamic Development Bank, Carrefour Belgium, tZERO, Standard Chartered, among the many others.

David Cox

David is a finance graduate and crypto enthusiast. He projects his expertise in subjects like crypto and Blockchain while writing for CryptoNewsZ. Being from Finance background, he efficiently writes Price Analysis. Apart from writing, he actively nurtures hobbies like sports and movies.

Related Articles

Back to top button