The partnership between Ripple and IIT Bombay aims to foster widespread adoption and innovation of Blockchain (also referred to as Distributed Ledger Technology (DLTs)) technology for a spectrum of applications ranging from infrastructures/ FinTech to crypto currencies. It would certainly give a boost to Digital India initiatives. The link for the same is: https://isrdc.iitb.ac.in/blockchain/coe/
As of now, the following faculty will be driving the R & D Efforts: Prof RK Shyamasundar ( CSE), Prof. G. Siva Kumar (CSE), Prof. Manoj Prabhakaran (CSE), Prof. Virendra Singh ( EE), Prof. Sarthak Gaurav (SJSOM), Prof. Vinay Riberio (CSE), and Dr. Vishwas Patil (CSE).
Some of the topics of interest of the faculty include: theoretical foundations on scalability & performance tradeoffs, concurrent operations, permissioned ledgers and DLTs., robust smart contracts, security, privacy, anonymity, Crypto-currency &crypto-assets, DLT applications to land management, healthcare, IoT security etc. Interactions with the Ripple is going in establishing a Ripple Validator at IIT Bombay. Efforts are on to get excellent PhD students, interns and establish concrete interactions with FinTech efforts in India as well as institutions working on payment sytems and banking technologies.
A workshop on applications of DLTs is planned for 4-5 Feb 2019 at IIT Bombay followed by a one day meeting at IDRBT, Hyderabad, for which participation from CSIRO (a leading Institute from Australia working on applications of Blockchain) has been confirmed. We expect participation from academia and industry for this workshop.