State of Cryptocurencies and Blockchain Technology in India

State of Cryptocurencies and Blockchain Technology in India
фото показано с : btcmanager.com

2019-5-1 21:00

After the recent announcement of a bill that will potentially ban virtual currency in India, BTCManager has summarized reports from the Reserve Bank of India (RBI) and the litigation surrounding the current blanket ban.

Gaining Legitimacy Until early 2017, cryptocurrency was merely an intriguing technology for a handful of engineers and technology enthusiasts in India. Read MoreRead More. The post by Ashwath Balakrishnan appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News\.

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Фото:

India: Government e-Marketplace Taps Blockchain Technology for Supply of Vaccines, Medicines

India’s government e-marketplace (GeM) is mulling embracing blockchain technology by running a pilot project to distributed vaccines, medicines. India’s GeM Integrates Blockchain Technology The adoption of distributed ledger technology (DLT) continues to flourish at a rapid rate in India as according to a recent report by Mint, GeM is considering experimenting with the emerging technologyRead More

2021-8-20 01:00


Indian Officials Consider Ban on “Private Cryptocurrencies”

Agents of the Indian government have met to formally discuss a possible ban on private cryptocurrency holdings in the nation. On October 30, 2018, the Financial Stability and Development Council (FSDC) issued a press release detailing their recent meeting where they “reviewed the current global and domestic economic situation and financial sector performance.

2018-11-1 22:37


Фото:

An Indian mental health clinic is treating its first Netflix addict

Most of us are no strangers to spending hours binging great and not-so-great shows on Netflix. But as it turns out, you can have too much of a good thing. An Indian user was so addicted to the service that he spent an average of seven hours a day streaming shows on the platform – and had to undergo treatment at a mental health facility to help wean himself off it.

2018-10-8 12:37


Blockchain App Factory Moves into Security Token Offering Development (STO)

Bitcoin Press Release: Blockchain App Factory, an enterprise, technology services, and solutions provider for Blockchain startups announce new STO services. September 11th, 2018, India – Blockchain App Factory, an end-to-end permissioned and crypto blockchain solutions company, is expanding its offering by launching Security Token and White-label Exchange Development services.

2018-9-11 09:24


Фото:

They Might Be Anti Crypto, But The Blockchain Is Still Sought After In India

India is a nation now known for its anti-cryptocurrency stance, yet they are still fostering a very positive attitude towards blockchain technology. I must note that in India, the people are very much pro crypto, but the Indian central bank, The Reserve Bank of India are very much against crypto, making moves to essentially ban cryptocurrency in the country.

2018-8-28 16:00


Фото:

India’s Apex Bank Forms New Unit to Handle Blockchain Regulations

The Reserve Bank of India (RBI) – the country’s apex bank, has set up a department tasked with monitoring developments in cryptocurrency, blockchain technology, and artificial intelligence. This move comes as commercial banks are still prohibited from facilitating cryptocurrency transactions and the Supreme court decision on the matter expected later in September 2018.

2018-8-27 19:29


Фото:

India: ICICI Bank Is Focusing on Blockchain for KYC, Trade, and Remittances

In an August 24, 2018, interview with YourStory, Abhijit Singh, Head of Technology at ICICI Bank, said he held a positive attitude towards the impact blockchain would have on the banking industry. More Mainstream Banks Open to Blockchain Although blockchain is widely perceived as a disruption to the banking sector, more and more mainstream banks are looking into ways to...The post %%POSTLINK%% appeared first on %%BLOGLINK%%.

2018-8-27 09:00


Фото:

Indian Cryptosphere to Converge in Hyderabad for Inaugural International Blockchain Congress

The first edition of India’s largest blockchain conference is set for August 3 and 4, 2018 at the Novotel & HICC Complex, Hyderabad. The International Blockchain Congress brings together the industry experts, innovators, and regulators that work within the ecosystem to hold relevant conversations and set the agenda for blockchain technology development in the world’s sixth largest economy.

2018-8-2 22:30


India’s International Blockchain Congress to Start “Global Blockchain Protocol Consortium”

A recent reporting by The New Indian Express, revealed that a Global Blockchain Protocol Consortium will be launched by Friday, August 3rd, 2018. The said consortium will consist of different countries coming together to assess the way in which blockchain technology can be elevated for optimal use. The initial launch will be conducted during India’s […]

2018-7-31 10:57


Фото:

India: Telangana to Sign MoUs for Implementing Blockchain Technology in Public Sectors

India’s state Telangana has some blockchain projects lined up for implementation throughout the state with a purpose to bring more transparency and efficiency in public administration.  Reported by Business Standard on July 26, 2018, a senior official of the state government stated that Telangana government is planning to implement blockchain in several government applications.

2018-7-30 13:00


Brazil, Russia, India, China & South Africa (BRICS) Banks To Explore Blockchain Benefits

The application of blockchain technology to a myriad of global developmental problems continues to be one of the most interesting aspects of the evolution of the tech in recent years. Countries with the willingness to apply the technology in unique and exciting ways are able to make impressive strides in terms of innovation. Blockchain technology […]

2018-7-27 10:38


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