Liminal Becomes Part Of Telangana Government's Web3 Regulatory Sandbox The recent partnership with the Telangana government will enable Liminal to leverage the power of blockchain for public welfare in the remotest parts of our country

By Teena Jose

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Freepik

Liminal, a wallet infrastructure and custody solutions platform announced today that it has become a part of the advisory panel of the Telangana government's Web 3.0 Regulatory Sandbox to nurture viable and scalable Web3 projects in the state. According to an official statement, stalwarts from the industry as a part of the governance and advisory panel will enable Web3 startups to scale and grow by providing them technical, management, and operational guidance.

"It is an absolute honor to be a part of the Telangana government's Web 3 regulatory sandbox as a part of MOU with BWA. We strongly believe that it will act as a catalyst to bring blockchain to the grassroots. The model created by the Telangana government can be replicated by other state governments to deliver blockchain-based efficient governance for the people in their respective states. This will also help in creating more startups in the states and create more jobs for the youth by strengthening the Startup India program," said Manan Vora, senior vice-president, Business Strategy and Operations at Liminal.

Liminal is collaborating with government machinery to enable mass adoption of Web3-related products and services. Liminal has recently partnered with India's premier investigation agency to provide custody solutions and the recent partnership with the Telangana government will enable Liminal to leverage the power of blockchain for public welfare in the remotest parts of our country, the statement further noted.

Moreover, the statement added that, the advisory and governance panel constituted as a part of the regulatory sandbox will shortlist web3 projects with high potential and provide management guidance, technical support, and business strategy for creating a sustainable business model.

"Telangana Government's Web3 Regulatory Sandbox is a part of our continued efforts to foster innovation through blockchain in India. We believe that Web3 regulatory sandbox will help startups in navigating the regulatory landscape. We are highly optimistic about the future of web3/blockchain and want to leverage it for the benefit of mankind," commented Sri Jayesh Ranjan, representing the Telangana government.

Teena Jose

News Desk Reporter with Entrepreneur India

Teena is a post graduate in financial journalism. She has an avid interest in content creation, digital media and fashion.
Business News

JPMorgan Shuts Down Internal Message Board Comments After Employees React to Return-to-Office Mandate

Employees were given the option to leave comments about the RTO mandate with their first and last names on display — and they did not hold back.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Growing a Business

Walter Elias Disney

Uncle Walt

Fundraising

These 30 International Entrepreneurs Really Are Solving the World's Problems

The world has countless problems, unless you're an entrepreneur, in which case the world has countless opportunities.

Leadership

From Elite Athletes to Tech Titans — Discover the Surprising $100-Million Habit That Leads to Extraordinary Success

Success comes from mastering focus, eliminating distractions and prioritizing what truly matters.

News and Trends

NeoSapien Secures INR 80 Lakhs on Shark Tank India 4 for AI Wearable

Founded in 2024 by Dhananjay Yadav and Aryan Yadav, NeoSapien aims to integrate AI into daily life through its wearable technology