What is Diem?

Facebook-backed cryptocurrency Libra has been rebranded as “Diem” to gain regulatory approval by emphasising that the project has “organisational independence”. The independent organisation, Libra Association, which runs the Libra project will also be renamed as the Diem Association. Diem is a Latin term meaning “day”. Libra received criticism because of the possibility of it threatening ..

Month: Current Affairs - December, 2020

Category: International Current Affairs

Topics: Bitcoin • Bitcoins • Crypto Currencies • Crypto Currency • Cryptocurrency • Diem • European Union (EU) • Facebook • Facebook’s Cryptocurrency

What is Ethereum 2.0?

The Ethereum is a crypto currency. Recently, it was launched in a faster, cheaper and more environmentally friendly platform, as the upgraded version called ‘Ethereum 2.0’. What is Ethereum? Ethereum is a decentralised and open source blockchain platform, which is a growing list of cryptographic blocks. Ether (ETH) is the cryptocurrency token of the Ethereum ..

Month: Current Affairs - December, 2020

Category: Science & Technology Current Affairs

Topics: Bitcoin • Blockchain • Crypto Currency • Cryptocurrency • erethereum • Ethereum • Nirmala Sitharaman • Subhash Chandra Garg Committee

SC Ruling on Cryptocurrency Ban

The Supreme Court quashed ban on cryptocurrency imposed by the Reserve Bank of India. This is expected to revive the almost extinct industry in India. Cryptocurrency Cryptocurrency is a virtual or digital currency secured by cryptography. Its notable features include decentralised structure (no central authority), security and transparency. It is based on the blockchain technology. ..

Topics: Bitcoin • Cryptocurrency • RBI • Supreme court

Digital Gurukul First Institute to Offer Blockchain-Powered Certificates in India

Indore based Digital Gurukul started in 2014, offers complete digital marketing training to students and working professionals, has become the first Digital institute in India to offer Blockchain-Powered Certificates. Digital Gurukul has partnered with German company ‘Certif-ID’ to issue blockchain-powered certificates in India. Digital Gurukul was awarded Asia’s Best Digital Marketing Institute 2019 by Indian ..

Category: Science & Technology Current Affairs

Topics: Bitcoin • Blockchain • Cryptocurrency • Cryptography • digital gurukul • Digital marketing • Education • Germany • Indore

UNICEF: First UN organisation to accept donation through Cryptocurrencies

United Nations Children’s Fund (UNICEF), the Children’s agency of the United Nations has now become the first UN organization to hold and make transactions in cryptocurrency. UNICEF now joins a number of other aid agencies that accept donations in cryptocurrencies, such as American Red Cross. Key Highlights The UNICEF has established UNICEF Cryptocurrency Fund, making ..

Month: Current Affairs - October, 2019

Category: Science & Technology Current Affairs

Topics: Bitcoin • Cryptocurrency • ETHER • Ethereum Foundation • UNICEF • UNICEF Innovation Fund