Interview with Prabir Mishra | CEO | Founder | The Emerging Tech Garage | TryamBhu Tech Solutions (P) Limited

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Our aim is to bring to our community some of the unique and compelling stories from the start-up ecosystem. As part of this endeavour, we invited yet another passionate entrepreneur Prabir Mishra for an exclusive interview with us.

  • Tell us a little bit about your start-up and your journey, please;

    The Emerging Technology Garage company TrayamBhu is a Block chain-technology company that uses emerging technologies to address Industry Pain points on Trust, Transparency and Traceability. TrayamBhu unique technology platform TRST01 create pure technology dominance among products and services to address the newer challenges of Industries 4.0. The focus is to cater to diverse industry issues by delivering Blockchain Solution fit to business requirements.

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  • What was your key driving force to become an entrepreneur?

    After two decades of employment in various positions in various organizations’ and “investment banker” tag, I have been instrumented on a couple of successful start-ups; I was in search to do something on technology start-up with broader application use cases.

    Thus the newer Technology such as Block chain was an immediate grab; of course, I researched more than three years to zero down the specific start-up. The decision was not so easy. We have well-rehearsed the strategy with risk mitigation in place. We keep on doing course correction wherever necessary, but the core remains the same.

  • How did you come up with the name for your business/startup?

    ‘ThayamBhu is a Sanskrit word, Traya means three, and Bhu means ground/earth; as three grounded person(ordinary people) founded this Startup, we prefer to name it TrayamBhu. We are establishing “Truth” in the Business, and we all know the truth has only one version, Hence. TRST01. The significance of 01 comes from the Rig Veda stating that there is ‘only one truth’.

  • What service(s) or product(s) do you offer/manufacture?

    The offered solution’s benefits are established on five basic principles: Trust, Authentication, Traceability, STOP Counterfeits, Smart Contract. TRST01 is different from the peers in the following ways

    1. Unified Blockchain Cloud platform connected with best-in-class Blockchain protocols connected with multiple public & private blockchain platforms.
    2. Developed on Microservices architecture, highly scalable to handle many unique QR and verification requests.
    3. TRST01 platform does not store any data in its platform. It uses the metadata of the identified vital parameters.
    4. TRST01 supports quick implementation. It’s ready to use templates with identified data parameters to generate instant API for integration.

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  • Why should people choose your product/services?

    The main purpose of the blockchain based traceability platform is to Increase ‘Trust, Transparency and Traceability’. Manufacturers will be able to see that the products they want to deliver is safely received by the intended client. On the other hand, client will be able to see that the product he wants to buy is developed by a legitimate manufacturer, delivered in its original form.

    TRST01 unified blockchain cloud platform integrates with the existing ERP system using a data extraction model (API) to get the key information and publish it to the public Blockchain through the platform. TRST01 generates a unique Blockchain integrated QR, verified on Blockchain upon scanning the QR code. The platform also ensures all data points in the supply chain to be securely stored and accessed. In the end, the customers can scan the QR using their mobile phones and get every possible information starting from origin to the end-user

  • How do you market your business, and which tactics have been most successful?

    The purpose of the Blockchain-based traceability platform is to Increase Trust, Transparency and Traceability. Manufacturers will be able to see that the intended client safely receives the products they want to deliver. On the other hand, the client will see that the product he wants to buy is developed by a legitimate manufacturer, delivered in its original form.

    TRST01 unified blockchain cloud platform integrates with the existing ERP system using a data extraction model (API) to get the key information and publish it to the public Blockchain through the platform. TRST01 generates a unique Blockchain integrated QR, verified on Blockchain upon scanning the QR code. The platform also ensures all data points in the supply chain to be securely stored and accessed. In the end, the customers can scan the QR using their mobile phones and get every possible information starting from origin to the end-user

  • What risks are you facing?

    A consensus to be achieved along the supply chain regarding data points and formats. The trail and verified data to be enabled in the layer of Blockchain can reveal a lot of information and, hence, involve all the players from start to end is a big time-consuming task.

  • Did pandemic (COVID 19) affect your business? if yes how?

    Yes, we started our Business at the peak of the pandemic last year. The COVID-19 pandemic has proven to be a catalyst for adopting many emerging technologies, and Blockchain through our platform/product is no exception.

  • Have you considered any alliance/partnership/funding?

    TRST01 leverage our cost of Blockchain through our technology partner VeriDoc (a multi-chain blockchain entity). The offered solution’s benefits are established on five basic principles: Trust, Authentication, Traceability, STOP Counterfeits, Smart Contract. The main focus is to resolve End to End issues of the Supply Chain with a patented QR Blockchain platform and deliver solutions as per industry requirements.

  • What are your responsibilities as the business owner?

    The primary responsibility is to create business value through enhanced trust and reduced risk across the value chain.

  • How many hours a day do you work on average & can you describe/outline your typical day?

There is no fixed schedule, but I believe in the process of unlearning and relearning. To give maximum importance to our knowledge partners and to always get engaged with them to take our Business to greater heights

  • What is your greatest fear, and how do you manage fear?

    Fear is always fundamental to human psychology; more than anything, the fear of unknowns always there.  Take the case of a pandemic; no one expected this might be two years before, but coming out of fear is leaning to deal with the uncertainty, understanding and converting to an opportunity.

  • What comes first for you money or emotions?

    More than money emotion comes first

  • Tell us about your early life & How has being an entrepreneur affected your family life?

    For a middle-class family, always the world is around the most satisfactory job, month-end a good salary, days being at 800 AM, and end at 630 PM, too if one has his childhood in a public sector environment Entrepreneurship an always a big question.  Though I started my entrepreneur journey in the Year 2016, It took an enormous effort for my family and me to adjust to the new life, not schedule, be it food, work, or travel.  Life and Business both become synonymous.

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  • What piece of advice would you give to college graduates who want to become entrepreneurs?

    For budding entrepreneurs, the Important thing to find the pain points that concerns them most. Not get eluded what “You” envision.  To not focus on the masses and always work upon the requirements or need of an actual business process.

  • Please share with us a unique challenge you faced in your early career?’

    When I graduated from B school in 1995, the focus was on getting a job satisfactory to one expectation. Still, then, “expectation” was too difficult to define; I want to grow too fast and be a blue-eyed boy while keeping those in focus sometimes miss out on the fineness of delivery. Getting a good boss a challenge for many as the bosses in early careers shapes your life. it was a challenge at the beginning of my life, but I think myself fortunate enough to have the best and good bosses in my employee life. Whatever I have now I can attribute to those learnings.

  • How did you discover your passion?

    Though I am not an engineer, I always have a keenness towards Technology; since my childhood, I used to break many things to understand how it works. This passion now translated into my entrepreneurial journey. I have always believed that if the business offering or solution is solving a real and existing problem, various other constraints do not matter in the generation of Industry 4.0. From the field of Investment Banking to Technology Entrepreneurship, I have gained a lot of experience and knowledge and understanding of the challenges of the real world, which have helped me be motivated towards my passion for learning through the entire process of entrepreneurship.

  • With so much going on, how do you start the day to keep your passion alive?

    I still do a lot of tech stuff, read many books, keep updated on the new emerging technologies, keep on learning, and I do believe learning never ends. I love to garden, spend time with my pet. This gives me time to introspect on many things and strategies in Business.  This also gives me a me-time to focus on my work and plan my priorities. All the above activities make me stable, satiated and urged to aim for higher achievements in life.

  • We know that you are continuously engaged in helping others achieve their goals. Why do you do that?

    It is all about the journey; it always matters. Our platform’s motive is to educate supply chain stakeholders and end-consumers by linking content to the secure QR code and blockchain technology. Collaboration across Industry 4.0 is the need of the hour, and I believe that our platform philosophy strives towards that connectivity.

  • What advice would you give students and young professionals who want to have a successful career?

    Always have the will and determination to take up a new idea or challenge. Remember that it is of extreme importance to spend time with the subject and hone skills to go ahead in life. At the final hurdle or at the time of execution, try to bring your best in yourself or bring the best out of every person in the team; success would eventually follow.

    Know a great startup story or want to share your own? Write to us at brutnow4@gmail.com and we will get back to you. For more updates follow Brutnow Media on Facebook.

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