Blockchain Current Affairs, GK & News

What is a Deccahorn?

Deccahorns are private firms whose value exceeded over ten billion USD. Recently Swiggy has become the fourth Indian company to earn the tag. The other three companies that hold the tag already are Paytm, a FinTech, Oyo (a hotel aggregator) and Byjus (an Edtech). Facebook was the first Deccahorn. It earned the tag in 2007. ..

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Blockchain technology in Rashtriya Bal Puraskar

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 Kanpur). On the occasion, Director of IIT Kanpur Abhay Karandikar noted that, this technology can ..

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National Blockchain Strategy

The National Blockchain Strategy was recently proposed by the Ministry of Electronics and IT. The strategy has adopted multi – institutional approach. It involves NIC (National Informatics Centre), C – DAC (Centre for Development of Advanced Computing) and NICSI (National Informatics Centre services Inc) for offering blockchain as service. What is the National Blockchain Strategy? ..

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What is NFT Marketplace?

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) for auction and earn royalty. What is Non-Fungible Token? It is a unit of data ..

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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 ..

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