India’s Timechain Labswho have trained developers and passed on talent to BSV ecosystemthinking of cooperating with fund companies for tokenization.
Started off Rohan SharanTimechain Labs plans to cooperate with various issuers of financial instruments, such as mutual funds, and focus on their tokenization.
“The opportunity is huge for whoever can capture it,” Sharan told CoinGeek in an exclusive interview.
“And the advantage is that mutual funds, once they’re tokenized, you can use them as simple collateral. Right now a lot of paperwork (has to be done) to be able to get a loan on top of a mutual fund and also to be able to transfer mutual funds from a depository to another,” explained Sharan.
“A lot more efficiency can happen as well as getting loans on top of funds, and funds of funds can easily be created. So, all of those are the opportunities and possibilities that open up here in the funds space. And it’s going to be an opportunity for us to show the use case for blockchain once again,” Sharan added.
For regulatory approval, Sharan said he would have to go through the compliance process with his partners, who are issuers, which could be time-consuming.
“We’re going to have to go through regulatory approval to bring this to market. We’re pushing this and it would go into the year 2026 when it would actually be live,” he said.
Talent Development Program 2025
Sharan started Timechain Labs to help transform India’s tech talent into BSV developers and entrepreneurs.
Into 2025, Timechain Labs plans two programs in March: Timechain Summer of Code and Timechain Innovations Sprint.
Timechain Summer of Code 2025 is expected to be the main driver for the developer talent to be trained in India, Sharan said. Meanwhile, Timechain Labs will introduce another program in March aimed at product managers or founders who want to build on the BSV blockchain.
“So with these two, we expect to have a good amount of talent being trained and building applications on the BSV blockchain,” Sharan said.
According to Sharan, there is a big gap in developers’ understanding of different blockchains. Sharan’s program aims to provide a lot of help so that developers can focus on learning and applying their knowledge in development.
“Those kinds of programs have been missing in the space, and at best they get coursework and coursework that they have to do at their own pace in their own time, and they don’t get the support that they require. actually have to get down to business developing a application,” explained Sharan.
“The innovation sprint is a very unique offer that involves building applications that actually solve a user need. This program is not for actually building anything. It’s more about customer development. You can think of it as more of a product market fit – that’s the goal. It’s more of an entrepreneur-focused or product manager-focused program,” Sharan said.
In the customer development program, Sharan wants to ensure that no one pursues an opportunity that has no demand. This is crucial to strategizing how blockchain applications go to market and for the founders and product managers who build them.
“Just because it’s a blockchain, it’s not going to be used by customers. They don’t care about the blockchain. They care more about the features, the problems that are being solved. So figuring that out and working the business model around that. ..is the agenda of the innovation sprint, where we really innovate, Sharan added.
Sharan said each product manager is expected to get 100 customers in a row to use their product when it launches. He saw about 3,000 registrations for Summer of Code program last yearand Sharan expects about the same number this year or more.
Timechain Labs plans more educational partnerships
India’s students and communities can intuitively understand the benefits of BSV blockchain compared to other blockchains.
“It inspires them to build with our solutions, which are very easy to use and develop. So there has been a very positive perception of how the developers are perceiving the BSV blockchain,” said Sharan.
What is missing, however, is that universities that already teach students about blockchain technology are not that familiar with BSV.
“So our strategy is focused on having more educational partnerships with universities and guiding them on the advantages of BSV compared to other blockchains,” Sharan said.
Currently, Timechain Labs has four tie-ups with universities in three Indian cities, which will be expanded by 2025. Sharan is targeting universities in New Delhi, the capital of India.
New Delhi and the cities around it become the centers of startupscompeting with Bangalore in southern India. According to Sharan, New Delhi, being at the center, is a promising destination, and many universities are willing to partner with it.
Watch: Timechain Lab’s Neucron offers users portability
