Noida : Kalp Decentra Foundation, operating under the brand name KALP, and Birla Institute of Management Technology (BIMTECH) are thrilled to unveil a strategic partnership. Their goal is to combine their expertise and resources to create a cutting-edge Blockchain Learning Centre at BIMTECH’s campus. This partnership represents a major stride in enhancing blockchain education and research, equipping students and professionals with advanced expertise in this groundbreaking technology.
According to a Fortune Business Insights report, the global blockchain technology market was valued at $17.57 billion in 2023 and is expected to grow to $27.84 billion in 2024 and reach $825.93 billion by 2032, with a 52.8% CAGR from 2024 to 2032. The market’s expansion is driven by the growing adoption of blockchain for security, alongside substantial investments in the sector. The collaboration between Kalp Decentra Foundation and BIMTECH aims to train the next generation and professionals interested in blockchain careers. This partnership will offer both practical experience and theoretical knowledge, providing individuals with the essential skills to excel in blockchain technology.
The initiative aims to encourage collaboration between students, faculty, and Kalp Blockchain to advance innovative research and project development. Additionally, the partnership will facilitate student access to industry opportunities, internships, and practical experiences, bridging the academic and real-world aspects of blockchain technology. According to the agreement, each party has specific responsibilities. KALP will manage course development, design, and provide extensive course materials and resources. Moreover, they will organize faculty training workshops and sessions, as well as deliver lectures and practical workshops for students.
The establishment of the Blockchain Learning Centre is an initiative led by the Area of IT at BIMTECH, with the guidance and support of the Director. The MOU was formalized in a closed ceremony between both organizations. The key representatives from BIMTECH included Director, Dr. Prabina Rajib, Registrar Dr. A.V. Shukla, Deputy Director Dr. Pankaj Priya, IT Area Head Dr. Kapil Garg, IT Infrastructure Head Dr. Amarnath Bose and the Point of Contact for the Blockchain Learning Centre, Dr. Ruchi Garg. And the resource people from KALP were Mr. Tapan Sangal, Co-Founder; Mr. Gagan Singhal, Co-Founder; and Mr. Kapil Dev, Chief Business Officer, each bringing their vision and expertise to the partnership.
On the other hand, BIMTECH will be responsible for providing the necessary infrastructure and facilities to conduct the course. They will ensure the active participation of faculty members in training sessions and encourage student enrolment and participation in the program. BIMTECH will also provide administrative support for the smooth execution of the program.
Speaking on the collaboration, Tapan Sangal, Founder, Kalp Decentra Foundation said, “ We are thrilled to join forces with BIMTECH in nurturing a new wave of blockchain professionals. As the blockchain segment experiences exponential growth, this collaboration transcends mere knowledge-sharing; it is about equipping students and faculty with practical, hands-on skillsets. The Blockchain Learning Centre will immerse students in real-world applications, fostering innovative thinking and the development of novel blockchain solutions.
“Considering the rapid advancements in blockchain technology today, our involvement in this initiative is driven by a vision of the future where blockchain is ubiquitous, revolutionizing every facet of our daily lives. Through this partnership, we aim to significantly increase the pool of skilled professionals who can leverage blockchain’s potential to transform industries.”
This collaboration will develop an extensive blockchain course, equip BIMTECH faculty with blockchain teaching skills, and engage students through practical projects and interactive sessions. It will foster research collaboration between students, faculty, and KALP, and create pathways for students to gain practical industry experience in blockchain technology.
Dr. Prabina Rajib, Director, BIMTECH, sharing her thoughts on the MoU signing said, “Positioning BIMTECH with industry leaders to drive meaningful advancements highlights our expertise and commitment to providing our students with the best academic environment.
“This partnership aims to blend KALP’s advanced technical capabilities and innovative approach with BIMTECH’s educational infrastructure, material resources, and academic prowess. Hence, establishing a framework for knowledge exchange and professional development. We are eager to explore the potential of mutual growth and development through the dynamic synergy created with this alliance. Together, we aim to empower our students with cutting-edge knowledge and skills, preparing them to be leaders in the dynamic field of blockchain technology.”