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About Us


Sate Development is a global Blockchain Technology Service provider serving clients across more than 10 countries, and counting. We aim at providing strategic, technical and business advisory and development services across various sectors. We contribute insight through articles and other resourceful reports to publications on the growing adoption of Blockchain technology and its impact on businesses across the world. Our firm has had many accomplishments and won several accolades internationally as well as domestically for being an industry leader; and continues to be ranked consistently as one of the top 10 in India. Our expertise, opinion and services are regarded as an authority amongst the upper echelons of Blockchain Technology. In addition, our client list includes multiple successful businesses in India and abroad. As an intimate sized firm, we have an intensive client selection process in order to maximize our strengths to areas where we can best add value.

Technology is the cornerstone of our practice and we invest heavily in updating our talent pool and methodologies to match global demand. Our team comprises of software engineers, business developers, growth hackers, marketing experts, management consultants and crypto experts who are well versed in providing solutions according to client’s specific requirements.

Nakul Shah Nakul Shah Nakul Shah

Nakul is the Founder and Director of Sate Development - India's leading Bitcoin/Blockchain Company. He is a regular speaker at conferences and Summits globally, on various topics covering Bitcoin, Blockchain and cryptocurrencies, and is a longtime creative thought leader in financial markets and innovation.

His portfolio includes:

  1. UK based social validation platform built on blockchain
  2. Indian cryptocurrency exchange and hosted mining service
  3. Singapore based blockchain platform for infrastructure financing
  4. Canadian security firm using distributed ledger technology
  5. US based travel and eCommerce portal powered by crypto tokens
  6. and many more…

Nakul has multiple years of experience in research, development and deployment of solutions using Bitcoin and Blockchain Technology. Besides creating enterprise solutions, he also provides training, consultancy and development services for Bitcoin and blockchain, helping clients de-mystify the technology and understand how organizations can leverage its key features. In addition to authoring research reports on crypto technology and developing PoCs for banks and governments globally, Nakul also assists HNIs and companies in establishing bitcoin exchanges, wallets, mining farms, mining pools and hosted mining services. Nakul is also assisting companies across UK, USA, Canada and Asia in developing and launching ICOs.

Nakul has played a significant role in the adoption and application of technology. He started his career at State Street Corporation in Boston, which is the biggest and oldest provider of mutual fund, pension processing and asset custody services. He initiated the use of advanced statistical and technical tools in the field of socially responsible investment while conducting research on a $170 Billion portfolio. Nakul also served as an integral part of the wealth management team at Charles River Development, whose software supports over $25 Trillion in assets. Playing a critical role in the development and marketing of CRD’s wealth solution that was sold to a leading financial institution in USA, he helped quadruple the firm’s largest annual contract value. While executing independent consulting assignments, he advised a leading sustainability firm on the policies of several Fortune500 companies. As part of CSR, Nakul does pro bono work as a mentor at Startupbootcamp - Mumbai.

Nakul is trained in Bitcoin and Blockchain from South Africa and holds a Masters degree in Financial Engineering from The University of Michigan Ann Arbor, USA.