Blockchain Firm Beyond Imagination Technologies Joins Hands With Indian Army

Beyond Imagination Technologies (BIT) has collaborated with the Indian Army to reform its veteran communication management. The start-up will combine blockchain technology and domain knowledge of the Indian Army to enhance communication processes for veterans, ensuring information integrity, security, correctness, and correctness of data.  

BIT will provide its flagship BitMemoir solution to the defense organisation, offering digital certificates/credentials, non-fungible token (NFT) as souvenirs, dynamic NFTs, and NFT-based loyalty programs. Backed by blockchain technology, the platform negates fake credentials and enhances verification. 

The solution harnesses blockchain for a secure digital transformation of the Indian Army veterans, streamlining communication, enhancing operations, and optimizing processes. It empowers the Indian Army to adapt swiftly while maintaining security. It will also translate into faster decision-making, reduced administrative overheads, and heightened situational awareness for the Indian Army veterans. Once done, the solution can be adapted in other areas of the Indian Army. 

Nikhil Goyal, founder and CEO of Beyond Imagination Technologies and BitMemoir, said, "We are incredibly honoured to contribute to the digital transformation by initiating this pilot project for the Indian Army. By harnessing the potential of blockchain, we are equipping the Indian Army with a tool that enhances their capabilities and ushers in a new era of efficiency and security towards the welfare of its veterans." 

He further added, “The partnership represents a fusion of innovation and service to the nation, as Beyond Imagination Technologies joins forces with the Indian Army to address a critical aspect of veteran support. By harnessing the power of blockchain, this collaborative effort seeks to create a robust and secure communication ecosystem to facilitate seamless interactions among veterans.” 

The partnership is poised to make a lasting impact on the lives of army veterans and their families. Recently, BIT expanded to the Middle East with its partnership with one of Saudi Arabia’s first licensed blockchain companies Aba’ad Alkhayal.