Idol Wing of the Tamil Nadu Police Department recently issued ‘Soulbound Tokens’ to its outstanding team members. What is soulbound token? Soulbound token is a unique blockchain asset that cannot be bought, sold or moved to another blockchain wallet. It ..
Ethereum – the world’s second largest blockchain – has transitioned from the legacy “proof-of-work” to a “proof-of-stake” consensus mechanism. Key facts The Ethereum Merge is an upgrade that changes how new crypto transactions take place on the blockchain. The Ethereum ..
Recently, 61 winners of the Pradhan Mantri Rashtriya Bal Puraskar (PMRBP) 2021 and 2022 got digital certificates, that use blockchain-driven technology. Highlights The blockchain-driven technology has been developed under the “National Blockchain Project”, by Indian Institute of Technology Kanpur (IIT ..
The Telangana State Election Commission has planned to conduct a dry run of a “Mobile-Based e-voting system”. Highlights The development of this system is guided by the necessity of holding polls in India amid the Covid-19 pandemic. This system, if ..
Square’s hardware head, Jesse Dorogusker, announced recently that company is going to start building a hardware wallet and accompanying service for cryptocurrency, Bitcoin. This decision was taken in a bid to bring crypto coin into mainstream. What is Hardware Wallet? ..
Month: Current Affairs - July, 2021
The WazirX, one of the leading cryptocurrency exchanges has recently launched India’s first market place for NFT. NFT is Non-Fungible Tokens. The launch will now allow Indian creators to place their digital assets (such as images or videos, music, etc) ..