BSV Blockchain recently had the opportunity to sit down with Rohan Sharan (Founder and Head of Product at TimeChain Labs) to discuss his work, why he chose to become a BSV Ambassador and some of the exciting projects he has planned.
Timechain Labs is a company working on the BSV blockchain, which aims to build ‘the applications of the present with the help of the technology of the future’. It provides blockchain development, consultation, and contract management services.
Just as the Internet led to an explosion of content, blockchain technology has the potential for blockchain development, consultation, contract management, and full-service development options.
The edited interview can be found below.
Can you briefly introduce yourself and Timechain Labs?
RS: I’m the founder of Time Chain Labs, a company that develops blockchain solutions using the BSV blockchain. I founded the company two years back and we specialise in the fintech space, particularly in India.
We have a smart wallet infrastructure built on the BSV blockchain itself, which we call Neucron, on which multiple solutions are built. I have also been running the Big Blockers community, which has over 500 members across eight cities in India. I conduct meetups every month in these cities and we have multiple ongoing activities including workshops and hackathons – all of which focus on how the BSV blockchain can be used.
What are some of the exciting developments or projects you are working on right now?
RS: The most exciting project we are working on right now is the tokenisation of invoices. This process involves transforming the rights to an invoice into a digital token, thereby representing it on a blockchain. Tokenising supply-chain invoices not only aims to streamline payment processes but also improves transparency and security throughout the transaction chain.
This allows smaller vendors in the supply chain to get financed by just one funding anchor. This solution has been given authorisation by the Reserve Bank, the Central Bank, and the regulators so that it can go to market based on the BSV blockchain that we have built.
Why did you decide to build on the BSV blockchain as opposed to another competing blockchain?
RS: The major reason is because of its technical capabilities. High scalability, low costs, and full smart contract abilities – all of which are elegant. From a technical architecture point of view, it is simply the only layer-one blockchain which is capable of scaling without compromising on security.
Why did you decide to become a BSV Ambassador?
RS: I didn’t decide to become a BSV Ambassador so much as I was given the title as I was so active in the community. I created the community in India because I saw a gap in the market, while other blockchains also started to gain popularity in the region.
I saw with my own eyes that the BSV blockchain was a better, superior solution (to these other blockchains). And I wanted to create traction and a community which offered education on how real how layer-one scaling should work. So that’s what started me on Telegram and WhatsApp, adding people to create our first meetups.