New Delhi, February 02, 2022: Digital Rupee is soon going to be a reality! Yesterday, Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman proposed to introduce Digital Rupee, using blockchain and other technologies, to be issued by the Reserve Bank of India starting 2022-23. While presenting the Union Budget for 2022-23, in Parliament today, […]
Tag: Blockchain
AI and Blockchain may help in dispute resolution in future
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- […]
Coffee Board backs Blockchain based marketplace
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 […]
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 […]
Invest India and UAE Ministry sign MoU for cooperation in blockchain and other tech
Invest India and the UAE Minister for Artificial Intelligence (AI) signed a Memorandum of Understanding (MoU) for India – UAE Artificial Intelligence Bridge yesterday in New Delhi. This partnership will generate an estimated USD 20 billion in economic benefits during the next decade for both countries. The MoU will spur development across areas like Blockchain, […]
Narendra Modi: Blockchain will have a deep impact on the way we live
Prime Minister of India, Narendra Modi today spoke at the World Congress on Information Technology and spoke enthusiastically about disruptive technologies such as the blockchain. This event is being held in India for the first time. It has been organized in partnership with NASSCOM, WITSA and the Government of Telangana. During his speech, he highlighted […]
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 […]
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, […]