Friday, October 7, 2022

Binance’s blockchain technology to power IIT Delhi Fest, Rendezvous

Binance, the global blockchain ecosystem and cryptocurrency infrastructure provider with a financial product suite that includes the largest digital asset exchange, today announced the first-ever digitization of attendee experience with the help of Blockchain Technology at IIT Delhi’s annual college fest, Rendezvous, scheduled from April 24 to 26, 2022.

Through this association, Binance aims to educate and spread awareness about the various use cases of blockchain, such as those being showcased during the fest ranging from NFT tickets, NFT certificates, fan tokens, POAP (Proof of Attendance Protocol), among others. Moreover, in another first, the fest will witness NFT Tickets for all attendees during the Concert Nights. NFT Ticketing is being done at this unprecedented scale for the first time in India. As the title sponsor of Rendezvous, Binance will also launch their ‘Crypto for all’ educational webinar which will happen on May 1st as part of the fest. Through this webinar Binance plans to spread investor awareness for crypto and blockchain and issue completion certificates over blockchain by Binance NFT to all successful participants.

Binance is supporting a few crypto and blockchain related competitions at the fest, such as Cryptocon (a crypto trading competition) and an NFTart competition, to offer the students an opportunity to gain exposure to the emerging technologies.

Leon Foong, Head of APAC at Binance, said: “We are excited to partner with IIT Delhi for Rendezvous, where the most talented tech students from all over the country are brought together. We are happy to leverage Binance’s infrastructure and platform to inspire and educate the attendees of Rendezvous in web3, blockchain and crypto. Binance has always been dedicated towards educating and empowering the student community and aims to prepare the students of IIT Delhi, the event participants and the rest of the country to be ready for a future of financial freedom that is powered by blockchain technology. In line with the “crypto for all” theme, we strive to make the blockchain space more inclusive and accessible to all and give back to the communities that help create events like Rendezvous. We are looking forward to the innovative ideas that will emerge during the festival and the new economic opportunities that will arise from events like this.”

Speaking on the occasion, Khushpreet Singh-BRCA IIT Delhi Overall Coordinator said, “Blockchain is an emerging technology with a large scope for innovation in India. We are delighted about the partnership with a global leader like Binance as this will allow our students to not only learn about the new revolutionary technology but also see some of its applications in action. The digitisation of the event will definitely infuse a new level of excitement to the attendee experience, while also imparting knowledge about this most interesting technology that enables us to be future-ready. The Rendezvous organising team is moving forward with a strong conviction and is determined to give every stakeholder a great experience.”

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“The entire campus is really excited with the concept of NFT tickets for the Pronites, which is the main attraction during the 3-day cultural fest. It is amazing how Binance is helping the long standing issue of registration using blockchain and NFTs, especially at this scale ” said Aman Lohia -Rendezvous Overall Coordinator

Binance has constantly been active in engaging with students and college communities. It recently partnered with Inter Institutional Inclusive Innovation Centre (i4c) to initiate the ‘Blockchain for Good’ Ideathon for students across India colleges with a focus on solving problems through the use of blockchain technology. Binance Campus BUIDLers Program is another initiative by Binance which offers a platform to students across India, Philippines, Sri Lanka and Bangladesh to explore new opportunities, accelerate crypto literacy and develop the tools required to become a leader, innovator and BUIDLer for a decentralized future.

About Binance

Binance is the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider with a financial and tech product suite that includes the largest digital asset exchange by volume. Trusted by millions worldwide, the Binance platform is dedicated to increasing the freedom of money for users, and features an unmatched portfolio of crypto products and offerings, including: trading and finance, education, data and research, social good, investment and incubation, decentralization and infrastructure solutions, and more. For more information, visit: https://www.binance.com/en-in

About IIT Delhi

Indian Institute of Technology Delhi is one of the 23 IITs created to be Centres of Excellence for training, research and development in science, engineering and technology in India. Since its inception, over 48000 have graduated from IIT Delhi in various disciplines including Engineering, Physical Sciences, Management and Humanities & Social Sciences. For more information, visit: https://home.iitd.ac.in/

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