New Delhi, September 9, 2020: In a nationwide investigation, the Railway Protection Force has disrupted the operation of illegal software called “Real Mango” used for cornering confirmed Railway reservation. In view of the apprehension of an increase in touting activity after the restart of the passenger services, the drive against touts was intensified by the Railway […]
By Namta Gupta New Delhi, June 9, 2020: Blockchain and AI have found a voice in Justice Chandrachud. NITI Aayog, in association with Agami and Omidyar Network India, brought together key stakeholders in a virtual meeting on 6 June 2020 for advancing online dispute resolution in India. ODR is the resolution of disputes, particularly small- […]
Commerce Secretary,Dr.AnupWadhawan, launched blockchain based coffee e-marketplace through video conferencing in New Delhi on March 28th. Dr.Anup Wadhawan said this pilot project will help integrate the farmers with markets in a transparent manner and lead to realisation of fair price for the coffee producer. Dr.Wadhawan said that the blockchain will also reduce the number of […]
Blockchain will help fight the counterfeit drugs in India. NITI Aayog and Oracle signed a Statement of Intent (SoI) to pilot a real drug supply-chain using blockchain distributed ledger and Internet of Things (IoT) software. Apollo Hospitals and Strides Pharma Sciences will partner in this effort. The SoI was signed by Adviser NITI Aayog, Anna Roy […]
The Ministry of Finance has issued the following statement on Virtual ‘Currencies’ like the Bitcoin on 29th December 2017. No major editing has been done on this note: “There has been a phenomenal increase in recent times in the price of Virtual ‘Currencies’ (VCs) including Bitcoin, in India and globally. The VCs don’t have any […]
After Singapore, it is India’s turn to warn consumers about the pitfalls of investing in virtual currencies like Bitcoin. Today, Finance Ministry has taken note of the surge in the prices of these virtual currencies and said that these virtual currencies don’t have intrinsic value and aren’t backed by any assets. It also said that […]
Monetary Authority of Singapore (MAS) has advised the public ‘to act with extreme caution and understand the significant risks they take on if they choose to invest in cryptocurrencies such as the Bitcoin. Bitcoin it is as the MAS felt ‘concerned that members of the public may be attracted to invest in cryptocurrencies, such as Bitcoin, […]
As part of the series of Road to GES events, in the run up to the Global Entrepreneurship Summit, NITI Aayog along with Proffer, a blockchain startup founded by graduates of MIT and Harvard, are organising a Blockchain summit and hackathon at IIT Delhi from Nov 10-13, 2017. The objective of the event is to […]
Wipro Limited, a leading global information technology, consulting and business process services company has joined the Enterprise Ethereum Alliance (EEA) as a founding member. EEA is a collaboration of enterprises to promote, develop and implement enterprise grade Ethereum-based blockchain applications across industries for specific business use cases. Ethereum is an open-source, blockchain-based distributed computing platform, […]
Reserve Bank of India, in its Press Release dated February 01, 2017 has advised that it has not given any license/authorization to any entity /company to operate schemes or to deal with Bitcoin or any other virtual currency. As such, any user, holder, investor, trader, etc. dealing with Virtual Currencies will be doing so at […]
