Empowering Public Spaces with Blockchain: Meet the Visionaries behind Airchains – Ankur Rakhi Sinha and Kritarth Agrawal

In an era marked by rapid technological advancements, Ankur Rakhi Sinha and Kritarth Agrawal, the masterminds behind Airchains, are leading the charge in India’s blockchain revolution. Amidst the fluctuations in the crypto market, their startup is driving the adoption of blockchain technology in various public sectors, offering innovative solutions that are transforming traditional systems into transparent, immutable, and secure ecosystems.

Pioneering Transformation through Blockchain:

Ankur Rakhi Sinha and Kritarth Agrawal, the co-founders of Airchains, share a profound vision: to harness the power of blockchain beyond cryptocurrencies. Their journey began in late 2021, driven by a passion for utilizing blockchain’s potential for creating impactful change. Sinha, the CEO of the startup, brings a unique perspective nurtured by his experience in developing a blockchain-based complaint filing system for the local district administration in Bastar, Chattisgarh. Witnessing the tangible impact of blockchain in simplifying administrative processes inspired him to establish Airchains.

The startup’s focus extends beyond short-term crypto trends, aiming to leverage blockchain as a technology that can catalyze transformative shifts in various domains. “More than the transient allure of crypto, I was fascinated by the disruptive potential of blockchain technology itself,” shares Sinha.

Revolutionizing Public Spaces with Blockchain:

Airchains acts as a bridge, connecting the established Web2 institutions with the innovative blockchain protocols of Web3. Collaborating with Indian state governments, municipalities, and local authorities, Airchains is at the forefront of digitizing and securing critical data on the blockchain. The startup’s endeavours span diverse areas, including education certificates, citizen records, land ownership, and more.

One of their notable initiatives involves partnering with the Raigarh district administration to track industrial tree plantations. Teaming up with NGO SankalpTaru and utilizing the NEAR blockchain protocol, Airchains developed a monitoring system that ensures transparency and efficiency in tracking tree plantations undertaken as part of corporate social responsibility initiatives.

Another significant milestone is their collaboration with West Bengal’s New Town Kolkata Development Authority (NKDA) to record and track land ownership and mutation systems. Through the deployment of Non-Fungible Tokens (NFTs) on the Polygon Supernets, Airchains aims to establish a secure digital framework for land ownership, eliminating inefficiencies in the mutation process.

A Plug-and-Play Approach to Blockchain Solutions:

Airchains operates on a plug-and-play consulting model, tailoring solutions to the unique tech requirements of partners and clients. With an extensive toolkit that includes app-specific chains, APIs, and software development kits (SDKs), the startup caters to over 4,000 developers. This flexible approach allows organizations to seamlessly integrate blockchain technology into their operations, enhancing transparency and security.

A Vision for the Future:

Looking ahead, Ankur Rakhi Sinha and Kritarth Agrawal envision a future where Airchains continues to shape the blockchain landscape in India. As the start-up gains traction and expands its footprint, they are exploring innovative avenues to enhance user privacy. The introduction of a Zero Knowledge (ZK)-based roll-up system is on the horizon, further solidifying Airchains’ commitment to cutting-edge technology.

Furthermore, the startup is gearing up for a new round of fundraising following a successful pre-seed funding round from undisclosed investors. This infusion of capital will fuel Airchains’ mission to drive the adoption of blockchain technology across diverse sectors, creating lasting impacts on governance, transparency, and efficiency.

The pioneering efforts of Ankur Rakhi Sinha and Kritarth Agrawal through Airchains are testament to their unwavering dedication to revolutionize public spaces through blockchain. As the Indian blockchain ecosystem continues to evolve, their vision is instrumental in shaping a future where innovative technologies empower individuals, institutions, and governments alike.