By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sign In
Latest World News UpdateLatest World News UpdateLatest World News Update
Notification Show More
Font ResizerAa
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Live Streaming
  • Legal Talk
Reading: Zuxtra Blockchain Launches India’s First Level-1 Permissioned Blockchain with Groundbreaking ‘Proof of Business’ Consensus Mechanism – World News Network
Share
Latest World News UpdateLatest World News Update
Font ResizerAa
Search
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Live Streaming
  • Legal Talk
Have an existing account? Sign In
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Latest World News Update > Blog > Business > Zuxtra Blockchain Launches India’s First Level-1 Permissioned Blockchain with Groundbreaking ‘Proof of Business’ Consensus Mechanism – World News Network
Business

Zuxtra Blockchain Launches India’s First Level-1 Permissioned Blockchain with Groundbreaking ‘Proof of Business’ Consensus Mechanism – World News Network

worldnewsnetwork
Last updated: May 7, 2025 12:00 am
worldnewsnetwork
Share
3 Min Read
SHARE

SMPL
Kolkata (West Bengal) [India], May 7: Zuxtra Network, a pioneering deep-tech startup based in Kolkata, has officially launched the Zuxtra Blockchain, India’s first Level-1 permissioned blockchain platform, powered by a revolutionary consensus model — Proof of Business (PoB).
This innovation marks a transformative evolution in blockchain infrastructure, moving beyond traditional energy-intensive models like Proof of Work (PoW) and speculative financial mechanisms like Proof of Stake (PoS). Instead, Zuxtra’s proprietary Proof of Business protocol ties consensus to verifiable business performance, leveraging AI-driven auditing to autonomously validate Key Performance Indicators (KPIs).
“Proof of Business consensus shifts the foundation of blockchain from unsustainable computational power or speculative financial holdings to tangible business performance and operational integrity,” said Pallab Dasgupta, Founder & Chief Engineer of Zuxtra Network. “By anchoring consensus to real-world KPIs, we’re creating a stable, sustainable platform for the future of blockchain technology.”
Addressing the Cost Barrier for Indian Enterprises
India’s blockchain adoption has long been hindered by a lack of indigenous infrastructure and steep development costs–often ranging between $50,000 and $300,000. This cost barrier has stifled innovation in critical sectors such as agriculture supply chains, GI-tagged product authentication, pharmaceutical counterfeit prevention, and real estate tokenization
Zuxtra Blockchain aims to eliminate these hurdles. As a permissioned network, it incentivizes authorized partners to secure transactional data using PoB protocol–bypassing high gas fees while ensuring full transparency through a public ledger hosted at www.zuxtra.com.
A Game-Changer for Indian Startups
Arjun Dutta, Founder and Product Architect at IQPonics Technologies Pvt. Ltd.–an STPI Bangalore EA, Govt. of India, and Indian Statistical Institute-incubated startup–praised the platform:
“We were previously limited by the high costs of building blockchain-based supply chain solutions. With Zuxtra Blockchain, we deployed our agriculture traceability platform at a fraction of the cost and with zero gas fees. It’s a game-changer in the world of blockchain.”
Built in India, for Indian Enterprises
With this launch, Zuxtra Network delivers a cost-effective, business-integrated blockchain solution designed to empower MSMEs and startups across India. The company is actively seeking $1 million in funding to expand its decentralized cloud infrastructure and scale operations.
“Our vision is to build India-made, India-centric technology that empowers domestic businesses,” added Dasgupta. “With the Government of India’s renewed focus on deep-tech innovation, we are optimistic about achieving our goals.”
Learn More
To access the Zuxtra Blockchain whitepaper or learn more about the platform, visit:
www.zuxtra.com.
(ADVERTORIAL DISCLAIMER: The above press release has been provided by SMPL. ANI will not be responsible in any way for the content of the same)


Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

sponsored by

WORLD MEDIA NETWORK


PRESS RELEASE DISTRIBUTION

Press releases distribution in 166 countries

EUROPE UK, INDIA, MIDDLE EAST, AFRICA, FRANCE, NETHERLANDS, BELGIUM, ITALY, SPAIN, GERMANY, AUSTRIA, SWITZERLAND, SOUTHEAST ASIA, JAPAN, SOUTH KOREA, GREATER CHINA, VIETNAM, THAILAND, INDONESIA, MALAYSIA, SOUTH AMERICA, RUSSIA, CIS COUNTRIES, AUSTRALIA, NEW ZEALAND AND MORE

Press releases in all languages

ENGLISH, GERMAN, DUTCH, FRENCH, PORTUGUESE, ARABIC, JAPANESE, and KOREAN CHINESE, VIETNAMESE, INDONESIAN, THAI, MALAY, RUSSIAN. ITALIAN, SPANISH AND AFRICAN LANGUAGES

Press releases in Indian Languages

HINDI, MARATHI, GUJARATI, TAMIL, TELUGU, BENGALI, KANNADA, ORIYA, PUNJABI, URDU, MALAYALAM
For more details and packages

Email - support@worldmedianetwork.uk
Website - worldmedianetwork.uk

India Packages

Read More

Europe Packages

Read More

Asia Packages

Read More

Middle East & Africa Packages

Read More

South America Packages

Read More

USA & Canada Packages

Read More

Oceania Packages

Read More

Cis Countries Packages

Read More

World Packages

Read More
sponsored by

You Might Also Like

Piyush Goyal meets Oman’s commerce minister to boost economic ties as PM Modi visits Muscat – World News Network

Soumya Ranjan Pradhan Appointed Advisor to the Chairman of Asia Kabaddi Federation – World News Network

India-Oman CEPA to deepen economic engagement in Gulf Region – World News Network

Rupee likely to bounce back in second half of next fiscal despite current weakness: SBI Report – World News Network

Sundrex Oil Company Ltd.’s Rs. 32.25 crore SME IPO to open for Subscription on December 22, 2025 – World News Network

Share This Article
Facebook Twitter Copy Link Print
Share
Previous Article Efficient Capital Labs Appoints Denada Ramnishta as Chief Revenue Officer to Accelerate Expansion Across B2B SaaS & AI Markets – World News Network
Next Article Amity University Opens Admissions for the 2025-26 Session – Apply Now! – World News Network
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

- Advertisement -

Latest News

Indian Army introduces photography training course for youth at GDC Banihal – World News Network
National December 18, 2025
“Worst behind us”, says IndiGo CEO Pieter Elbers as airline restores 2,200 flights – World News Network
National December 18, 2025
BJP leader Dilip Ghosh defends renaming of MGNREGA to VB G-Ram-G, slams opposition – World News Network
National December 18, 2025
“Pollution is not a one-year problem, we are clearing 11 years of backlog”: Delhi Minister Parvesh Verma – World News Network
National December 18, 2025

Sports

Ashes 3rd Test: Lyon overtakes McGrath, becomes 2nd highest Test wicket-taker for Australia – World News Network
Sports
Ashes 3rd Test: Starc becomes first player to complete 10 fifty-plus scores batting at number nine or below in Tests – World News Network
Sports

Popular Category

  • Business
  • Entertainment
  • Health
  • Lifestyle
  • National
  • Science
  • Sports
  • Tech
  • Videos
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Press Release
  • Press Release Distribution Packages

Entertainment

Actor Alan Cumming to host BAFTA Awards 2026 – World News Network
Entertainment
Actor Alan Cumming to host BAFTA Awards 2026 – World News Network
Entertainment
Latest World News UpdateLatest World News Update
Follow US
Copyright © 2023 World News Network. All Rights Reserved
Welcome Back!

Sign in to your account

Lost your password?