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 […]
Tag: Bitcoin
PM Narendra Modi to attend Singapore Fintech Summit
Singapore Fintech Summit will see the presence of one of Asia’s tallest leaders, Indian PM Narendra Modi. He is also an avid believer in the emerging technology and his own government is supporting blockchain initiatives to ring in reforms and transparency. PM Narendra Modi will be making an official visit to Singapore to attend the […]
NITI Aayog and Oracle sign a SoI to pilot drug supply-chain using blockchain
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 […]
Rajnath Singh: Blockchain tech and others are posing new security challenges
Is blockchain technology a threat to India? The Union Home Minister Rajnath Singh was addressing the gathering after inaugurating the 24th All-India Forensic Science Conference in Ahmedabad on 10th February 2018. Here said that the Government has decided to establish a Cyber Crime Reporting Portal to report Cyber Crimes Against Women. We will also establish […]
Blockchain technology can eliminate the 3 crore pending court cases
Amitabh Kant, CEO of Niti Aayog, recently participated in a session on Governing Advanced Technologies: Blockchain. He was there with the Prime Minister Narendra Modi and was participating at the World Economic Forum. Talking at the session, he highlighted how Blockchain technology can make a difference to India. He told the audience that in context […]
Full statement from Finance Ministry on Bitcoin and other virtual currencies
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 […]
Virtual currencies like Bitcoin run on speculation, Finance Ministry cautions investors
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 […]
Bitcoin used by rogue CBI officials for illegal transactions
Bitcoin is already under scrutiny of the Indian government and now, the cases of cheating are sure to give sleepless nights to its supporters but what can one do when the Central Bureau of Investigation (CBI) officials themselves get involved? ANI News has reported that CBI has booked Ajay Garg, Asstistant Programmer of CBI and Anil […]
Monetary Authority of Singapore feels that surge in Bitcoin price may tempt public to invest in it
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, […]
Global Conference on Cyber Space talks about Blockchain
The momentum set by the first day of the Curtain Raiser to Global Conference on Cyber Space (GCCS) 2017, was well maintain on the second day. The conference, among other things, focused on blockchain technology under the title “Blockchain: The Biggest Paradigm Shift.” Calling this technology the Internet 2.0: Reimagining Trust Management it was proclaimed to […]