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, […]
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 […]
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 […]
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 […]
Bitcoin markets have shrugged off the Bitfinex hack in which hackers reportedly stole 119,756 bitcoins worth about $70 million at current prices. The exchange has halted all trading activities, as well as temporarily suspended all digital tokens deposits and withdrawals. The market has steadied now, and bitcoin is trading with a bullish bias at $553. Source: TradingView […]
California-based Coinbase has announced a couple of positive news in the last two days. One is the company’s expansion to Australia while the other is an update on the Ethereum debate. On July 26, the digital currency wallet provider announced that customers in Australia will now be to buy bitcoin and ether using their credit […]
That India has been left behind in the fintech race cannot be questioned by anyone. However, the nation seems ready to embrace the fintech revolution which involves the blockchain technology and the cryptocurrencies such as bitcoin, litecoin, dogecoin, and others. Bangalore-based leading IT services company Mphasis has unveiled India’s first Centre of Excellence (CoE) for […]
Many are comparing the action in bitcoin to the action in gold. Often touted as the next safe-haven, bitcoin is now bearing the brunt of the ‘Bremain’ – a fancy term for Britain staying in the European Union. Bitcoin, resultantly, is losing its sheen. We believe that instead of the outcome of the EU referendum, […]
Bangalore-based India’s leading Bitcoin company Unocoin has launched a merchant PoS (point-of-sale) app for increasing Bitcoin adoption in a nation which still feels more comfortable in using cash and debit cards. The app is intended to make it easier for stores, both online and physical, to accept Bitcoin in payments. The businesses have been flinching […]
According to a report, the New York State Department of Financial Services has approved the Gemini Trust Company, LLC to allow trading of the emerging cryptocurrency ether on its bitcoin exchange. Governor Andrew M. Cuomo said, “This action continues New York’s long tradition of pioneering new innovations and emerging industries. With robust regulatory oversight, we are […]
