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Year-ender quote : Towards 2025: Blockchain, AI, and the Next Wave of Financial Evolution

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Last updated: Dec 20, 2024, 22:49 IST
By Ankur Sharma
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Year-ender quote : Towards 2025: Blockchain, AI, and the Next Wave of Financial Evolution
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Sushant Roy, Co-Founder, COO & CBO at Alyve Health, India's fastest-growing health-tech platform


 

As we approach the end of 2024, it's a moment to reflect on the remarkable journey of growth and transformation that has defined this year for Alyve Health. This year, we have doubled our members, reaching an impressive milestone of impacting over 5 million lives benefiting from our innovative and personalized health plans. The most crucial lesson learned this year is how to be adaptable in healthcare delivery. Health-tech solutions, like proactive health screenings, teleconsultations with vetted doctors, hassle-free medicine delivery at the doorstep, health insights, digitized records of diagnostics, and AI-based health assessments, have proven essential in ensuring that care and support are accessible, seamless, and convenient, for every member. 

 

The impact of our efforts is apparent in the remarkable 100,000+ monthly transactions enabled through our platform, which now provide access to over 1 million doctors via Alyve Pay. Our partnership has expanded significantly, providing access to more than 3,500 dental clinics and 8,000+ fitness centers nationwide through a gym pass and 1,000+ sports facilities. We have also noticed an increasing trend of voluntary add-ons to health plans based on the unique needs of individuals and their families.

We have achieved a remarkable 4X growth in revenue and team expansion. Financially, we maintained healthy gross margins, reflecting our commitment to delivering exceptional service and support to our members and partners. Recognition for our hard work has come in the form of 4 prestigious awards: IHW Healthcare Startup of the Year, Healthy Lifestyle Startup of the Year, and D&B Trailblazer Startup. We also added our name to the prestigious Forbes Asia 100 to Watch.


We have successfully achieved 2x growth in our corporate client base in 2024. With an infusion of $5 million in capital and a media presence that has grown 50-fold, we are poised for even greater achievements. Now that we are heading to 2025, we are excited about the potential for new partnerships and continued innovation in healthcare delivery. Together, we will strive to empower individuals and communities to lead healthier and happier lives.

 

As we are heading towards 2025, we appreciate the MoU signed between India and Singapore, which enhances healthcare collaboration, focusing on disease surveillance, maternal health, and improving health outcomes through innovative solutions and technology sharing. In the coming year, we will further enhance our technology-driven healthcare approach. With the right strategic partnerships, behavioral science-backed products, and innovations that fit with the healthcare landscape of our members, we expect a much bigger reach. Our focus will remain on personalizing, enhancing, and providing cashless healthcare management to everyone. 


Quote is given by Subin Mitra - CEO & Cofounder, Groyyo

  • "The recent disruptions in Bangladesh's textile and apparel sector underscores the vulnerabilities inherent in concentrated global supply chains. Political unrest, catastrophic climate events, and energy crisis can bring entire factories to a halt, causing chunks of garment orders to be delayed or lost. This upheaval has sent international buyers scrambling for stable alternatives and robust, cost effective supply chains, with India emerging as a prime contender; Some greenshoots towards the same are already visible with exporters in Tirupur witnessing a surge in order placements. 
  • India's proven strengths in cotton yarn exports and its expanding infrastructure, bolstered by initiatives like the PLI Scheme for textiles, position it uniquely to absorb this redirected demand. However, this is not merely a matter of opportunity but of responsibility. As global brands navigate supply chain uncertainties, India must demonstrate its ability to deliver both scalability and sustainability. The latter has become an area of critical focus for almost all brands globally - emphasizing on the need for sustainability on not just the shop-floor but also in terms of the raw mnaterial utilized in the manufacturing process; 
  • The next decade will likely witness a recalibration of fashion supply chains, with India taking center stage with its stable geo-political reigns combined with Govt. support for manufacturing. For India, the task is clear - Invest aggressively in manufacturing infrastructure, sustainable practices, and workforce upskilling and cement its reputation as a reliable, innovative, and resilient manufacturing hub, ready to shoulder greater global responsibilities while fostering local growth."

 


Shivam Thakral, CEO of BuyUcoin, India's second-longest-running digital asset exchange


 

As 2024 draws to a close, we at BuyUcoin reflect on a year filled with significant events and challenges within the cryptocurrency landscape. Bitcoin price has seen an incredible boost from a level of $100,000 as the prospect of Bitcoin exchange-traded funds (ETFs), being announced, opened the opportunity for institutional investments. With regards to the U.S. Bitcoin Strategic Reserve, President-elect Donald Trump has further flared interest, with other countries looking to follow in its footsteps, thus introducing a game theory dynamic of a global kind.


 

To promote institutional adoption, we included zero-fee transfers for Indian users and a 1% bonus on transferred assets. We are hopeful for the future of Web3 and blockchain technology, as it will bring some very transformative developments with regulatory clarity in 2025.


 

In 2025, the focus will be on how major economies react to the strategic reserves and whether or not companies will emulate MicroStrategy in adopting Bitcoin as part of their treasury management. The changes in accounting standards that FASB is poised to make will also likely drive companies to include Bitcoins and other cryptocurrencies in their reserves.

 

Anish Jain, Founder, WadzChain

As we close the chapter of 2024, we reflect on a year filled with unprecedented milestones and transformative changes in the cryptocurrency world. Bitcoin's remarkable surge past the $107,000 mark has reshaped market dynamics and ignited renewed interest in digital assets. The political landscape has also evolved, with Donald Trump's return to prominence influencing discussions that could shape future regulatory frameworks.

In India, the Lok Sabha's recent discussions on crypto regulations signal a crucial step towards a more structured and secure environment for digital currencies. For WadzChain, this year has been particularly significant as we prepare for the launch of our WCO and the soft launch of our Mainnet, initiatives designed to redefine global transactions and enhance the efficiency of financial systems worldwide.

Looking ahead to 2025, we are excited about the immense opportunity presented by the growing demand for tokenisation solutions across various sectors. We see business conditions turning favourable in 2025, especially through diversification within the tokenisation landscape. By expanding offerings into other products and services, we will touch other market segments effectively. So, let's embrace the opportunities ahead and innovate in this ever-evolving landscape. Together, we can harness the power of blockchain technology to create a more inclusive and prosperous financial future.

 

Gracy Chen, CEO at Bitget

The cryptocurrency landscape has transformed so much in 2024, with Bitcoin setting the pace. With its price skyrocketing by approximately $108,000 to an all-time high. Expected policies from the upcoming government, including a strategic Bitcoin reserve, have bullishly inclined investors. The anticipation surrounding Bitcoin's price movement may rally toward an expected range of between $180,000 and $200,000.

As we look ahead to 2025, the crypto industry will evolve significantly. The perfect amalgamation of AI technologies will complement trading strategies and user experience while paying attention to the inclusion of PayFi in the overall streamlining of such activities. Besides, the MEME sector is still up and alive, having a lot of profits for investors. The thing is, still, there are challenges, especially in the security aspect, which recent incidences have shown highlight vulnerabilities that could tarnish the market's trust.

We anticipate a continued bullish trend in the crypto market. The expected appointment of a pro-crypto SEC chairperson and the establishment of a national Bitcoin reserve could significantly enhance institutional confidence. With predictions indicating BTC potential peaks of $500,000 by 2027 driven by regulatory shifts and growing blockchain adoption, the stage is set for an exciting year ahead in the world of cryptocurrency.


 

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Ankur Sharma Dec 20, 2024, 22:49 IST
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