Bengaluru, November 3, 2022: Navratna Defence PSU Bharat Electronics Ltd (BEL) has signed an MoU with INERY, Singapore, for co-operation in the field of Blockchain Technology.
The objective of the MoU is to take advantage of the combined strengths and capabilities of INERY and BEL in the field of Blockchain technology. Integrating BEL’s complementary functionalities with INERY’s solutions will enhance product offerings of both the companies.
Mr Manoj Jain, Director (R&D), BEL, and Dr Naveen Singh, CEO, INERY Pte Ltd, exchanged the MoU signed between BEL and INERY Pte Ltd at Defexpo 2022, in the presence of Mr Manoj Kumar, Executive Director, BEL, Mr Ramakrishnan L, Chief Scientist (Central Research Laboratory-Bangalore), and other senior officers of BEL.
About INERY
M/s INERY Pte Ltd is a Switzerland-based company, headquartered at Singapore. One of INERY’s goals is to solve the security breach issues that have been rampant due to immature database infrastructures that provide a single point of failure. As such, Inery is a first mover in the decentralised database solutions market to enable enterprises to scale up as streams of data keeps growing. The decentralised data system eliminates business failure points and ensures the safety and integrity of any system. INERY’s infrastructure enables enterprises to improve procedures in systems while providing resilience, scalable, and reliable systems.
About BEL
Bharat Electronics Ltd (BEL) is a Navratna DPSU under the Ministry of Defence, Government of India, established in 1954 at Bengaluru, to cater to the strategic needs of the Indian Defence services. Over the years, BEL has grown into a multi- product, multi-technology, multi-unit company engaged in the design, development, manufacturing, supply and support of a wide range of Defence electronics products, systems, strategic components, services and select non-defence products, servicing the needs of customers in India and abroad.
BEL has a strong presence in Radar and Fire Control Systems, Weapon Systems, Communication, Network Centric Systems (C4I), Electronic Warfare Systems, Avionics, Anti-Submarine Warfare Systems & Sonars, Electro-Optics, Tank Electronics, Homeland Security, Gun Upgrades, Strategic Components, etc. BEL has been continuously striving to expand its solutions for the Non-Defence domain like EVMs, Renewable Energy, Energy Storage products, Smart Cities, Jammers, Software, etc. Further, BEL has diversified into Arms & Ammunitions, Seekers & Missiles, Unmanned Systems, Network & Cyber security, Medical Electronics, Space Electronics, EV, Railway/Metro and Civil Aviation to address emerging opportunities.
Photo caption: Mr Manoj Jain, Director (R&D), BEL, and Dr Naveen Singh, CEO, INERY Pte Ltd, exchange the MoU signed between BEL and INERY Pte Ltd at Defexpo 2022, in the presence of Mr Manoj Kumar, Executive Director, BEL, Mr Ramakrishnan L, Chief Scientist (Central Research Laboratory-Bangalore), and other senior officers of BEL.