All startups
TRANSCOGNIT INFORMATICS INDIA PRIVATE LIMITED
KSUM recognised
Thiruvananthapuram, Kerala
Sector
Banking, Financial Services and Insurance
Industry
FinTech
Business model
B2B
B2C
Technology
Web technologies
Mobile Apps
Blockchain
Location
Thiruvananthapuram, Kerala
Founded
2020
Team
S
Satish Babu
S
Santhosh Ramanarayan
K
K M Abraham
Product 1
TransCognit aims to build a middleware platform that integrates CBDC and tokenized Digital Asset Management, enabling Friction-free Financial Services. Such a platform would massively disrupt the financial sector, and would enable settlements to take place verifiably and cryptographically-provably,
Sector
Banking, Financial Services and Insurance
Industry
FinTech
Model
B2B
B2C
Technology
Web technologies
Mobile Apps
Blockchain
The world of cryptocurrencies and the blockchain have seen considerable innovations such as Decentralized Finance (DeFi), Stablecoins, and tokenized Digital Asset Management. However, cryptocurrencies do not have regulatory compliance in India and many other jurisdictions and this is not likely to change soon.
CBDCs, on the other hand, are legal tender and are fully compliant with local regulations. A tokenized Digital Asset Management Platform middleware that integrates CBDCs will leverage the innovations from the crypto world into mainstream finance, with full regulatory compliance.
TransCognit aims to build this middleware, initially as a Proof-of-Concept and eventually as a scalable, mature platform.
Sector
Banking, Financial Services and Insurance
Industry
FinTech
Model
B2B
B2C
Technology
Web technologies
Mobile Apps
Blockchain