Auxesis Group announced its enterprise-grade blockchain infrastructure, Auxledger implementation holds more than 53 Million Indians till date making it the largest blockchain network in India. Auxledger currently powers over a dozen applications with support from various state governments of India and has also partnered with Cashaa to support all India operations.
One of the world’s largest blockchain networks
Auxledger enables organisations to quickly deploy a blockchain network and build their business logic on top of it. Auxledger has the support from the State Governments of India and has enormous reach and potential, partnering with Cashaa offers an attractive boost in network effect and value for both platforms.
The company aims to revolutionise a series of public and private sector use cases in India, including Identity Management, Remittance, Asset Management, Supply Chain, Wearables in Defence, HealthTech, Education and Finance. Aside from live applications, many proof-of-concept programmes have been run over Auxledger by EY, PwC, VISA, IIT Bombay for a range of different use cases.
“We are excited to support Cashaa, a proven blockchain use case & technology in India by providing Auxledger infrastructure. Together with the state Govt of India, Auxledger’s first implementation holds more than 53 Million Indians till date.” Akash Gaurav, CEO Auxesis Group.
According to Cashaa Co-founder Janina Lowisz “Auxledger’s live use cases in the blockchain sphere are already impacting millions of lives. For Cashaa, Auxledger is the ideal technology for identity management, compliance and banking integration as it is meeting the specifications of BFSI and governments. Our revolutionary technology empowers millions of Indians living abroad who send back home more than 80 Billion USD every year. Our technology will also connect the Western population to the advantages of the world’s fastest-growing economy with 1.3 Billion people.”