Biography of Prasanna Lohar: Founder of India Blockchain Forum, Block Stack & PayCircle-Entrepreneur
Biography of Prasanna Lohar:
Prasanna Lohar's journey into the tech world began at the
Shri Guru Gobind Singhji Institute of Engineering and Technology in Nanded,
where he completed his Bachelor of Engineering in Computer Science from 1996 to
2000. Graduating with distinction, Prasanna laid a solid foundation in
technology, preparing him for a diverse career in innovation and digital
banking.
Early Career in Banking and Technology
After his studies, Prasanna entered the banking sector,
where he worked extensively in various capacities. His roles included critical
positions at DCB Bank and Union Bank of India, where he gained invaluable
experience in digital transformation and customer engagement. This early
exposure to the banking ecosystem sparked his interest in integrating
technology with traditional banking practices.
Transition to Fintech and Innovation
Prasanna's passion for technology led him to explore
opportunities in fintech. He took on roles that allowed him to implement
innovative solutions within banking. His expertise as a Senior Manager and
Technical Architect at Worldline and Mastek equipped him with the skills to
bridge the gap between financial services and cutting-edge technology,
enhancing operational efficiencies and customer experiences.
Leadership at Block Stack
In August 2022, Prasanna became the Chief Executive Officer
of Block Stack, where he focuses on next-generation movements in the Web 3.0
space. His vision for Block Stack centers around building advanced banking
platforms that leverage decentralized technologies. Prasanna’s leadership is
marked by a commitment to innovation and digital transformation, positioning
the company as a key player in the evolving fintech landscape.
Driving Payment Innovations with PayCircle
Simultaneously, Prasanna serves as the Chief Innovation
Officer at PayCircle, where he is developing a next-gen payment platform. This
platform aims to facilitate rapid global fund transfers using advanced
distributed ledger technology. By unifying financial institutions on a reliable
network, PayCircle seeks to revolutionize how money moves across borders,
emphasizing speed and security.
Founding the India Blockchain Forum
In July 2022, Prasanna founded the India Blockchain Forum, a
non-profit organization aimed at establishing India as a global leader in
blockchain technology. The forum focuses on policy advocacy, talent development,
and fostering collaboration between academia and industry. Prasanna’s
initiative is designed to create a sustainable blockchain ecosystem, supporting
startups and corporate adoption of Web 3.0 technologies.
Biography of Prasanna Lohar: Founder of India Blockchain Forum, Block Stack & PayCircle/Entrepreneur/age/net worth/payment solution/Prasanna Lohar
Advocacy and Mentorship
Beyond his corporate roles, Prasanna is actively involved in
advocacy and mentorship within the tech community. He has served on advisory
boards for institutions such as Thakur Institute of Management Studies and
TransBnk. His contributions to the Indian FinTech Forum further underscore his
commitment to enhancing the fintech ecosystem, providing insights and support
to emerging companies.
Expertise in Emerging Technologies
Prasanna's expertise spans a wide array of emerging
technologies, including blockchain, artificial intelligence, and big data. His
role as an Emerging Technology CoE Champion demonstrates his ability to lead
innovation programs and frameworks that drive digital transformation in the
banking sector. He has consistently championed the adoption of these
technologies to improve service delivery and operational efficiencies.
Building Digital Banking Solutions
With a strong focus on digital banking, Prasanna has been
instrumental in developing solutions that cater to modern banking needs. His efforts
in creating digital identity frameworks and banking-as-a-service models have
paved the way for more seamless interactions between customers and financial
institutions. This approach not only enhances user experience but also
encourages greater financial inclusion.
Fostering Global Collaboration
Prasanna's work has involved fostering global collaboration
in the tech and finance sectors. His initiatives aim to unite stakeholders
across borders, enabling knowledge exchange and partnership opportunities. By
building networks of innovation, he supports the sharing of best practices that
can accelerate technological advancements in banking and finance.
A Champion for Education and Research
Recognizing the importance of education in technology
adoption, Prasanna actively collaborates with academic institutions. His
efforts focus on developing talent pools that are equipped to tackle the
challenges of the digital age. By nurturing the next generation of tech
leaders, he ensures that the industry has the skills needed for sustainable
growth.
Contributions to Government and Industry
Prasanna's influence extends to government advisory roles,
where he provides insights on digital transformation strategies. His
recommendations help shape policies that encourage innovation and support the
fintech ecosystem. By engaging with government bodies, he advocates for a
regulatory environment that fosters growth and technological adoption.
Emphasizing Customer-Centric Solutions
Throughout his career, Prasanna has prioritized
customer-centric solutions. His experience in banking has taught him the
importance of understanding customer needs and behaviors. By leveraging
technology, he strives to create products and services that not only meet but
exceed customer expectations, fostering loyalty and satisfaction.
Awards and Recognition
With over 24 years of experience, Prasanna has earned
recognition as an award-winning CXO banker and digital architect. His
contributions to technology and innovation have made him a sought-after speaker
and influencer in the industry. Prasanna’s insights are highly valued, as he
shares his knowledge at various forums and events.
A Vision for the Future
As Prasanna Lohar continues to lead initiatives in
technology and innovation, his vision remains clear: to create a decentralized
future for the banking industry. By leveraging emerging technologies and
fostering collaboration, he is committed to driving digital transformation that
benefits consumers and businesses alike. With a strong focus on sustainability
and inclusivity, Prasanna is poised to make a lasting impact in the tech
landscape.
A timeline for Prasanna Lohar’s academic and professional
journey:
1996-2000 - Completes Bachelor of Engineering in Computer
Science at Shri Guru Gobind Singhji Institute of Engineering and Technology.
2000-2005 - Begins career in banking, working at DCB Bank
and Union Bank of India.
2005-2010 - Serves in critical roles in digital
transformation and customer engagement.
2010-2022 - Works as Senior Manager and Technical Architect
at Worldline and Mastek, focusing on fintech innovations.
August 2022 - Becomes CEO of Block Stack, emphasizing Web
3.0 advancements.
July 2022 - Founds the India Blockchain Forum to promote
blockchain technology in India.
2022-Present - Serves as Chief Innovation Officer at
PayCircle, developing next-gen payment solutions.
2024 - Advocates for fintech and emerging technologies
through mentorship and advisory roles.
2024 - Collaborates with academic institutions to develop
tech talent for the digital age.
Future - Continues to champion a decentralized future in
banking, focusing on sustainability and inclusivity.
