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IISc and Blockchain for Impact join hands, $1 million projects on the cards

Bengaluru: The Indian Institute of Science (IISc) and blockchain for impact (BFI) announced further collaboration on Monday biomedical research And innovation in India. Under the BFI-Biome Virtual Network programme, the BFI will allocate $1 million over three years to support research projects. IISc The aim is to translate the results into health care solutions.
The partnership was formally launched on February 8, IISc said in a statement issued on Monday, adding that BFI aims to drive next-generation interventions for better health care, starting with this collaboration with IISc. To bring together researchers, technologists and innovators.
Professor Govindan Rangarajan, Director, IISc, emphasized the importance of collaboration in driving innovation and IISc’s commitment to advancing knowledge for social impact, while Gaurav Singh, CEO, BFI, praised BFI for its contribution to biomedical research and innovation in India. Expressed enthusiasm about the partnership, citing the example of the company’s commitment.
Through multidisciplinary research collaboration and funding support, the partnership aims to accelerate the translation of scientific discoveries into tangible healthcare solutions that can strengthen India’s healthcare infrastructure.
Professor Navkant Bhat, Dean, Interdisciplinary Sciences, IISc, said: “The BFI approach aligns with IISc’s efforts to develop scientific solutions to current health care challenges. With IISc Medical School, IISc will create the next generation of physician-scientists in India by fostering interdisciplinary research to meet the health needs of the world. “Access to funding is a precursor to achieving these goals.”
Sandeep Nailwal, Founder, blockchain For Impact said that with a $15 million program dedicated to advancing biomedical research and innovation in India, the BFI Biome initiative crosses traditional boundaries by integrating both upstream and deep science, creating an environment that is transformative. Drives innovation for health solutions.
“This program aims to bring together leading researchers, technologists and innovators to collaborate and innovate to drive next generation interventions for better health care. By partnering with prestigious research institutions in India, BFI Biome seeks to support initiatives that have the potential to revolutionize healthcare delivery in India and the Global South,” said Nailwal.

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