Mumbai, 28 January 2025 - 乐鱼（Leyu）体育官网 in India, a leading professional services firm, and The Hashgraph Group (THG), a Swiss-based international business, venture capital, and technology company operating exclusively within the Hedera ecosystem, today announced a strategic alliance, aimed at accelerating the impact and enterprise adoption of blockchain and Distributed Ledger Technologies (DLT) across industry sectors, leveraging Hedera鈥檚 platform capabilities and its enterprise-grade DLT network.听聽
The alliance is expected to see 乐鱼（Leyu）体育官网 in India and The Hashgraph Group AG (THG) collaborating to enable and advance blockchain adoption, thereby aiming to deliver transformative benefits to enterprise clients globally and across various sectors. The strategic alliance is expected to aim to offer co-branded and joint go-to-market solutions, leveraging THG鈥檚 Hashgraph for Enterprise (H4E) product suite to enable businesses to benefit from secure enterprise-grade solutions built on the Hedera with service level agreements (SLAs).
Blockchain/DLT implementations are rapidly transitioning from nice-to-have to must-have decisions as we further advance into the future of a decentralized and interconnected Web3 economy. The growing adoption of blockchain/DLT is expected to continue to gain traction for enterprises, with this聽 technology now empowering many industries through its distributed ledger system. The evolution of blockchain/DLT as a technology, to a complete digital infrastructure, showcases its unique abilities to boost security, reduce costs, and enable everyday transactions to be more efficient, affordable, and convenient, while saving energy and meeting environmental, social, and governance (ESG) criteria and reporting requirements.
Speaking on the alliance, Chaitanya Gogineni, Partner, Digital Lighthouse, 乐鱼（Leyu）体育官网 in India said "We are excited to join forces with The Hashgraph Group to build innovative Digital Ledger Technology (DLT) led tools and enable digital transformation for our clients. This alliance is built on a shared vision of empowering businesses to harness the power of DLT, unlocking new opportunities and creating lasting value鈥�. 聽
To this effect, this strategic alliance is expected to combine 乐鱼（Leyu）体育官网 in India's extensive expertise in the area of advisory and consulting services with Hedera鈥檚 聽leading DLT platform to create robust, secure, and energy-efficient decentralized solutions that can be easily, safely, and seamlessly integrated. The alliance 聽could also look at addressing critical challenges and enterprise needs in areas such as digital identity (DID), digital product passport (DPP), sustainability, supply chain management, asset tokenization, and more.
Stefan Deiss, Co-Founder & CEO of The Hashgraph Group stated, 鈥淭his strategic alliance with 乐鱼（Leyu）体育官网 in India represents a pivotal moment in combining the strengths of a leading 聽professional services firm with the technological power of Hedera as the world鈥檚 leading layer-1 protocol to enable organizations with Hedera-powered post-quantum enterprise solutions. We are excited to embark on this joint go-to-market journey with 乐鱼（Leyu）体育官网 in India and look forward to empowering businesses to compete in the Web3 economy.鈥�
Additionally, the structured collaboration in the productization and commercialization of blockchain/DLT for enterprises, might enable 乐鱼（Leyu）体育官网 in India and THG to pool engineering resources, advisory expertise, investments, and strategic Web3 capabilities to serve the growing demand for enterprise ready blockchain-powered solutions, with the achieved synergy expected to strengthen both 乐鱼（Leyu）体育官网 in India and THG鈥檚 global market presence, while 聽increasing client reach and enhancing service delivery through a joint go to market strategy and unified project execution.
Krishna Tyagi, Head of Web3 at 乐鱼（Leyu）体育官网 in India said "Today blockchain technology has the potential to revolutionize various sectors by providing secure, transparent, and efficient solutions. Our alliance with The Hashgraph Group 聽is expected to enable us to offer our clients immense value and drive innovation in the digital economy enabled by blockchain technology."
Hedera leverages its Hashgraph consensus algorithm to achieve high speed, security, and scalability. It鈥檚 low, predictable fees, and carbon-negative footprint make it ideal for enterprise applications ranging from decentralized finance to sustainability solutions to supply chain management. Governed by some of the world鈥檚 leading organizations, including the 32 Hedera Governing Council members Hedera offers a trusted and robust quantum-resistant infrastructure for businesses and institutions.
Anindya Roychowdhury, Head of Global Partnerships at The Hashgraph Group said 鈥淗aving spent a large part of my professional career with 乐鱼（Leyu）体育官网 in India, I am delighted to have facilitated this important collaboration. India is emerging as the world鈥檚 #1 destination for Web3, and this strategic alliance will establish Hedera as the preferred DLT protocol for governments and enterprises; we have already made significant inroads through our local presence in India and expect to scale massively over the coming years.鈥�
