KTS, based in the United Arab Emirates, has begun operations in Kochi
The Kochi center will handle 80% of the company’s offshore development work.
Kingspin Technology Services (KTS), a blockchain start-up based in the UAE, expands its development team by establishing an offshore delivery center in SmartCity, Kochi.
Startup India and the Kerala Startup Mission have recognized the company. Focusing on other digital transformation technologies such as Data Science and IoT. Azif Ali, CEO of Kingspin Technology Services, stated that the Kochi center would handle 80% of the development work.
The company will initially employ 70 people, with the possibility of increasing to 100 within six months. However, he added that more freshers are likely to be hired because there aren’t many people with experience in blockchain technology.
The company is focused on blockchain and its real-world implications. Such as Asset Tokenization aspects in Environment Sustainability Quotient, Estate, and Customer Loyalty. With the planned opening of the branch in Wyoming. The angel-funded start-up also intends to benefit from Silicon Valley Technology upgrades and. As a result, streamline the journey forward in the current digital decade, embracing the most recent technological advancements.
In the coming year, we intend to expand our services throughout India. The goal of our strategy is to optimize blockchain technology applications for societal benefits. However, the use of blockchain technology in business cases such. As digitally saving real estate documents will only take off once our petition to the government to legalize it is approved, he added.
