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Newsroom
July 19, 2022
KiwiTech Launches Web3 Center of Excellence to Empower Next-Gen Blockchain Innovations
New York, NY

KiwiTech has launched its Web3 Center of Excellence to focus on accelerating innovations in Web3 and expanding the adoption of Blockchain technology among startups.

KiwiTech, a global innovation ecosystem, announced the launch of its Web3 Center of Excellence. To branch out its elaborate suite of technology capabilities to Web3, the new service line aims to empower next-generation blockchain innovations, especially in the startup ecosystem, leveraging the firm's decade-long expertise in emerging technologies.

"We're thrilled to launch our Web3 practice to help startups scale their business and develop innovative solutions in this space. Acknowledging the rise of the emerging concept of Web3, that is representing the next phase of the internet revolution, we have launched our CoE to empower blockchain innovations for startups and businesses. We strongly believe that this new initiative in the field of emerging technologies will help us empower current portfolio startups and the future ones to tap into the Web3 potential." said Rakesh Gupta, CEO, KiwiTech.

Mohsin Syed, President & Chief Startup Officer, KiwiTech, said, "KiwiTech has always been at the forefront of the latest technologies and their adoption. We are excited to announce our Web3 Center of Excellence as it will help fuel blockchain innovations globally. Our team of industry experts and technology leaders will help startups take their business to the next level with the latest technology tools and methodologies."

"After reviewing and understanding the changing technology requirements of hundreds of our portfolio startups, I'm personally excited as a technologist about the impact of this Center of Excellence and the help it will offer for businesses to scale and gain competitive advantage. KiwiTech's technology teams have always taken great pride in the early adoption of emerging technologies, including blockchain and Web3, and have already successfully deployed many projects across industry verticals. We further look forward to expanding our capabilities, making us the market leader as an emerging tech services provider," added Gurvinder Batra, CTO, KiwiTech.

"Our Web3 CoE has the technology, processes, and people that businesses require to leverage blockchain to transition from Web 2.0 to Web3," said Sahil Luthra, Director of Engineering & Blockchain Practice, KiwiTech. "Our blockchain offerings include consulting, proof of concept, decentralized applications, token development, smart contract, and private and federated blockchain solutions."

He added, "The world is still in its early phase in embracing Web3 but the market has got a lot of potential with many businesses and customers demanding products and services related to this emerging technology. Therefore, the timing is perfect and the only right thing to do is to extend our services to Blockchain and Web3, to boost innovations in this field. The future is bright, with many tech giants contributing to this thriving ecosystem and we are excited to be part of it."

"WeGro is proud to be part of KiwiTech's Web3 Center of Excellence," noted Richard Gilchrist, CEO, WeGro. "KiwiTech is an outstanding partner that has been instrumental in helping us scale. As WeGro is working to solve some of the most pressing CAM (Complementary & Alternative Medicine) industry challenges - from compliant payments to track-and-trace to sensitive patient data - having a partner like KiwiTech is paramount as we navigate this rapidly expanding industry."

Concurring on the value the KiwiTech CoE will offer tech startups as they seek to navigate the unfamiliar Web3 environment, said Jenny Q. Ta, CEO, GalaxE.io by HODL: "The Web3 space can be an uncertain place for inexperienced tech entrepreneurs seeking to propel their startups into the world of next-gen technologies. Even more experienced businesses venturing into Blockchain and Web3 for the first time will benefit from the practical help, expert guidance, and technical services KiwiTech's Web3 Center of Excellence will provide. We here at HODL-GalaxE heartily applaud the company's expansion into this much-needed area of service to their clients in response to the rapidly evolving technological landscape."

"Creating a web3 center of excellence is a brilliant move by KiwiTech which has been a stellar partner throughout the development of the soon-to-launch o?od blockchain-enabled marketplace for authenticated, digitally enhanced physical collectibles. Together, we've created a mass market-friendly application of blockchain to deliver a web3 model that is accessible by today's consumer but will change the world of physical collecting forever. The o?od marketplace is designed to adapt and change as the web3 space evolves. It is great to see that KiwiTech is committing to deliver the expertise and capabilities needed to keep us on track going forward," said Mike Bebel, CEO & Co-founder, OOD Holdings.

The new Center of Excellence at KiwiTech is also set to create hundreds of employment opportunities for aspiring talented engineers disrupting the Web3 space.

About KiwiTech

Headquartered in New York, KiwiTech is a growing ecosystem of entrepreneurs, investors, and mentors. The company helps early, and growth-stage startups build viable products, drive traction, raise capital, and scale their businesses. KiwiTech is currently home to 500+ portfolio companies across 15+ industries undergoing disruption. The company takes pride in its 600+ strong team that has breadth and depth of experience in emerging and established technologies.

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