Somish Blockchain Labs Review 2023 - Is It Safe?

Somish Blockchain Labs is a blockchain development company based in India. It specializes in providing blockchain solutions for various industries, including finance, healthcare, and logistics. The company has developed multiple blockchain-based applications and has been actively involved in research and development of blockchain technology. In this review, we will discuss Somish Blockchain Labs and its services in detail.

Company Background

Somish Blockchain Labs was founded in 2016 by a team of experienced software engineers and blockchain experts. The company is headquartered in New Delhi, India, and has a team of over 50 employees. The team consists of software developers, blockchain engineers, project managers, and business analysts who work together to provide customized blockchain solutions to its clients.

Services Offered

Somish Blockchain Labs offers a range of blockchain-related services, including blockchain development, consulting, and training. The company provides end-to-end blockchain development services, starting from ideation to the final deployment of the blockchain solution. Its blockchain consulting services involve analyzing clients' business models and identifying potential blockchain use cases. The company's blockchain training services include conducting blockchain workshops and seminars for businesses and individuals.

Blockchain Solutions

Somish Blockchain Labs has developed several blockchain-based solutions for various industries. Its most notable blockchain solution is the NEM-based public blockchain network named Mijin. The company has also developed blockchain-based solutions for supply chain management, healthcare, and digital identity management. One of its solutions, a blockchain-based platform for the pharmaceutical industry, has won the HULT Prize, a prestigious social entrepreneurship competition.

Partnerships and Collaborations

Somish Blockchain Labs has collaborated with various organizations to develop blockchain-based solutions. The company has partnered with NEM, a leading blockchain platform, to develop Mijin, a blockchain network that is used by several Japanese companies. It has also partnered with Microsoft and IBM to develop blockchain-based solutions for their clients. In addition, the company has collaborated with several universities and research institutions to conduct research and development in the field of blockchain technology.

Awards and Recognitions

Somish Blockchain Labs has received several awards and recognitions for its contributions to the blockchain industry. In 2017, the company won the HULT Prize, a global social entrepreneurship competition, for its blockchain-based platform for the pharmaceutical industry. The same year, Somish Blockchain Labs was named one of the top 10 blockchain companies in India by Silicon India. The company has also been featured in various media outlets, including Forbes, CoinDesk, and Business Insider.
Conclusion
Somish Blockchain Labs is a reputable blockchain development company that provides customized blockchain solutions to various industries. The company has developed several blockchain-based solutions, including the Mijin blockchain network, which is used by several Japanese companies. Somish Blockchain Labs has also collaborated with various organizations, including NEM, Microsoft, and IBM, to develop blockchain-based solutions for their clients. Its contributions to the blockchain industry have been recognized through various awards and recognitions. Overall, Somish Blockchain Labs is a reliable partner for businesses looking to leverage blockchain technology to improve their operations.