'It may not be winter for blockchain and crypto, but a cleansing phase'

A key trend that one should expect to see is tonnes of failures. Several blockchain-focused companies will fail, says , Chinmaya Sharma, co-founder at Blockchain Semantics and Zeonlab

Corporate houses are beginning to invest in blockchain knowledge, with some choosing to hire experienced candidates. But due to a paucity of candidates with any degree of first-hand experience on blockchain, most companies choose to start their journey with strategy or technical workshops on the subject, Chinmaya Sharma, co-founder at Blockchain Semantics and Zeonlab, tells Ritwik Sharma in an interview. Edited excerpts:

Given that the Indian government has not given  legal status to bitcoin, and cryptocurrencies have been banned by the RBI, how does that affect you?

We teach blockchain and develop enterprise-grade blockchain applications. The RBI’s decisions to crack down on