Eleven01 India’s first native blockchain protocol launched their testnet, aiming to make blockchain technology ready for real-world use in both public and private workloads. The implementation of an Eleven01 testnet provides users with an ecosystem to create, publish, and extend the core blockchain services offered through the Eleven01 platform in the world's second fastest growing market, India.
According to PwC, India is poised to be a world blockchain leader in the next five years with the right balance of industry and government participation. Eleven01’s testnet signifies the building block towards that future. The current platform is geared toward emerging markets looking to implement blockchain technology solutions into mainstream industries including, but not limited to, retail, agriculture, banking, healthcare, finance, and logistics. With this protocol, developers will be able to implement blockchain technology that can integrate into India’s existing infrastructure as well as build solutions for a global audience.
The Eleven01 protocol is designed to have the utmost flexibility from a development community standpoint, which is one of the reasons for supporting Solidity - an existing smart contract programming language. Eleven01 also plans to support other programming languages in the future.
Going forward, Eleven01 intends to partner with Genesis Hack to increase its engagement with developer and student communities with initiatives like meetups, training, code hacks, dApp events and more.
