In this issue

IN THE EVER-EVOLVING landscape of technology, the advent of Web3
signals a new era of decentralisation and digital empowerment. Often
described as the decentralised internet, Web3 embodies a paradigm shift
from traditional centralised platforms to a peer-to-peer, communitydriven
ecosystem. Powered by blockchain technology, it promises increased
transparency, security and user control. As we navigate the complexities of
this nascent terrain, it becomes evident that the journey of Web3 has only
just begun. Of course, every technological innovation has its naysayers
and the market volatility and regulatory hurdles witnessed in trading
cryptocurrencies has already led to some scepticism.
Happy reading!

Low Productivity Levels Scare Investors

CUMBERSOME BUREAUCRATIC procedures, complex regulations, and compliance burdens hamper productivity and discourage entrepreneurship. Streamlining regulatory frameworks, simplifying licensing processes and fostering a business-friendly environment will encourage industrial growth and productivity. This has to start with trust between the industry and bureaucracy.

7 mins

ANEW DEVELOPMENT PARADIGM: More Synergies and Less Trade-Offs

INDIA’S PRESIDENCY has come at a decisive moment for the G20. It is no small feat to lead a heterogenous group of countries and draw consensus, especially in a world riddled with interlinked challenges. Against the backdrop of growing climate crisis, challenges to food security and the precarious stability of the global economy, 2023 calls for a presidency with paramount leadership skills to shape One Earth. One family. One future. This year, India’s focus on LiFE, resource efficiency and circular economy, and accelerating progress on the SDGs (the UN’s Sustainable Development Goals), among others, reflect an unwavering commitment to tackling the planet’s imminent threats. At the same time, as an emerging economy, India has clearly laid out its commitment to enabling an agile and flexible macroeconomic policy and sustainable and resilient growth while addressing the debt distress and related concerns of LMICs (low- and middleincome countries).

3 mins

NOVO NORDISK'S DIVERSE OBESITY DRUG PORTFOLIO HOLDS PROMISE TO MAINTAIN LEADERSHIP: JOHN C. DAWBER

In India, the Danish drug maker Novo Nordisk is the market leader and presently claims around 60 per cent of the country’s insulin supply. Speaking to BW Businessworld in an exclusive interaction, John C. Dawber, CVP and MD, Global Business Services talks about the company’s GLP1 growth story, the market of obesity drugs and their safety profile and building capacities and partnerships

5 mins

CHAIN OF PROMISE

Web3 holds immense promise to revolutionise industries and empower individuals in unforeseen ways. But the recent slump in funding and widespread talent scarcity in the ecosystem threaten to impede innovation and generation of groundbreaking ideas

10 mins

"With Polygon 2.0, crypto can grow like the internet"

In an exclusive interview with BW Businessworld, Polygon Co-founder Sandeep Nailwal discusses Web3’s impact on the internet landscape, opportunities for businesses, and the evolution of the crypto space during the “crypto winter”

3 mins

POLISHING INDIA'S CREATOR ECONOMY

Fanztar is on a mission to impact billions of users globally by democratising value creation in the creator economy using Web 3 tools

2 mins

BLOCKCHAIN & METAVERSE VISIONARY

Rajesh Dhuddu is credited with establishing the blockchain practice at Tech Mahindra and spearheading the implementation of solutions to block spam calls and texts using blockchain technology

2 mins

PIONEERING WEB3'S DECENTRALISED CLOUD REVOLUTION

Under Vishnu Korde, StackOS has earned the distinction of being the world's most utilised and fastest-growing Decentralised Cloud (DeCloud) platform

2 mins

PIONEERING WEB 3.0 WITH DeFi INNOVATION

Davos Protocol is at the forefront of using blockchain technology to address traditional collateralised debt position challenges

2 mins

TRANSFORMING WebAR EXPERIENCE

Vossle is committed to making augmented reality accessible without the need for app installations or complex coding

2 mins

PROMOTING TRUST, TRANSPARENCY, EFFICIENCY

By adopting decentralised principles, smart contracts and distributed ledger technology, DRIFE has introduced a unique approach to ride-hailing with an aim to promote transparency, trust, and efficiency

2 mins

LEADING THE BLOCKCHAIN REVOLUTION

IDS is pioneering Web 3.0 revolution by driving innovation, education, and security in the digital landscape for a transformed future

2 mins

SIMPLIFYING THE CRYPTIC CRYPTO WORLD

Giottus' aim is to take crypto to the masses as it believes in the immense potential of the blockchain

2 mins

TACKLING AI RISKS

Aaquarians.ai is designed to contribute to the Web 3.0 space by providing tools and frameworks that enable the creation and governance of decentralised AI applications

2 mins

DRIVING FINANCE'S FUTURE THROUGH BLOCKCHAIN

Leveraging the power of blockchain technology, Rooba.Finance provides a bridge between traditional financial markets and the emerging world of decentralised finance

2 mins

OFFERING CREDIBILITY, PROVIDING PROTECTION

CredShields aims to revolutionise the concept of Web 3.0 security by enhancing transparency and promoting awareness among Web3 developers and organisations

2 mins

Powering Web 3.0 Communications

Push Protocol has brought communication tools to the forefront of Web 3.0, setting standards for other protocols to replicate

2 mins

SPURRING DIGITAL CURRENCY ADOPTION

By implementing robust technological solutions and optimising processes, Unocoin under Vishwanath has been able to handle increased user demand and increase its scalability

1 min

EMPOWERING WEB 3.0 DeFi

JediSwap strives to build a comprehensive suite of products that form the fundamental building blocks of a robust Web 3.0 decentralised finance (DeFi) infrastructure

1 min

WEB 3 PRIMITIVES FOR SOCIAL CAUSES

HashCase has successfully onboarded over 50,000 users and facilitated 300,000 transactions, while also supporting the entry of 12 brands into the Web 3 ecosystem

1 min

SIMPLIFYING CRYPTO INVESTMENTS

Patel's vision led to the creation of Mudrex, simplifying crypto investments for retail investors. The platform now boasts of close to one million users and has won prestigious awards

1 min

FRICTIONLESS FINANCE FOR A BILLION INDIANS

RBIH CEO Rajesh Bansal stresses customer innovation and getting into their shoes to solve multiple frictions that customers face in accessing financial services

2 mins

Youngsters & Online Gaming GST: Lessons in Policymaking

INDIA’S DIGITAL REVOLUTION has given rise to a thriving entrepreneurial ecosystem, fuelled by the Gig Economy and the dominant presence of Millennials and Gen Z (GEMZ). The GEMZ population represents a significant proportion of India’s demographics and is often hailed as the nation’s soft power. This youth cohort, who make up the largest productive workforce, possess distinct social behaviour and thinking patterns.

4 mins

ARTIFICIAL INTELLIGENCE IN LEGAL ACADEMIA

Srikrishna Deva Rao, Vice Chancellor, NALSAR University of Law, Hyderabad, opens up about the ways in which the institute is embracing the advent of Al tools, and the impact of ChatGPT on academic writing

3 mins

Read all stories from BW Businessworld

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BW Businessworld is a fortnightly magazine that has been published since 1975. It is one of the most popular business magazines in India, and it is known for its in-depth reporting and analysis of the Indian business world. It also features interviews with leading business leaders and entrepreneurs. It's a guide to the ever-changing business landscape.

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