Blockchain: GK, Current Affairs, Questions, Trivia and News

Commerce Ministry unveils Blockchain-based app to track Coffee produce

The commerce ministry has unveiled a Blockchain-based coffee e-marketplace to help farmers integrate with markets to facilitate them to get aware of fair prices for the commodity.It will reduce the number of layers between coffee growers and buyers and help farmers double their income. The main motive behind Blockchain-based app is to help farmers to ..

UAE and Saudi Arabia launch a common digital currency “Aber”

The central banks of the UAE and Saudi Arabia have launched a common digital currency called “Aber”, which will be used in financial settlements between the two countries through Blockchains and Distributed Ledgers technologies. It will establish an additional means for the central financial transfer systems of the two countries and enable banks to directly ..

NITI Aayog signs pact with Oracle to curb distribution of fake drugs using blockchain

NITI Aayog has signed a Statement of Intent (SoI) with cloud services provider Oracle to curb the distribution of fake drugs using new technologies. Apollo Hospitals and Strides Pharma Sciences will partner in this effort. The partners will pilot a real drug supply chain using blockchain decentralized ledger and Internet of Things (IoT) software. The ..

The world’s first public blockchain bond “bond-i” launched by World Bank

The world’s first blockchain bond “bond-i” has recently launched by World Bank (WB), which is to be created, allocated, transferred and managed through its life cycle using distributed ledger technology. The “bond-I” stands for Blockchain Operated New Debt Instrument and is also has reference to Sydney’s most famous beach ‘Bondi Beach’. The Commonwealth Bank of ..

Telangana government signs pact with Tech Mahindra to establish India’s first Blockchain district

The Telangana government has signed pact with Tech Mahindra to establish the Blockchain district in Hyderabad, a first-of-its-kind Centre of Excellence for Blockchain. The MoU was signed during the 3-day International congress at HICC in Hyderabad. Initially it would be a virtual cluster, connecting with the stakeholders working in the emerging technology. It would have ..

NITI Aayog and GNFC Ltd sign SOI to use Blockchain in Fertilizer Subsidy Disbursement

NITI Aayog and Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC) have signed a Statement of Intent (SOI) to implement fertiliser subsidy disbursement through Blockchain Technology. Both will work on implementing a Proof-of-Concept (PoC) application for using the technology in subsidy disbursements. They will jointly develop the use case, under take research, interact with multiple ..

Initial Coin Offering

ICO is an unregulated means of crowd funding for project via use of cryptocurrency such as Bitcoin, Ethereum, Monero, DASH, Litecoin, Z-cash etc. It is like an equity initial public offer (IPO) where right of ownership or royalties of project is offered to investors in form of digital coins in exchange for legal tender or ..

Kovalam to host Asia’s largest startup ecosystem congregation “Huddle Kerala”

Asia’ s largest startup ecosystem congregation “Huddle Kerala” will be held at Kovalam near the Kerala capital ‘Thiruvananthapuram’ from April 6 and 7, 2018 to provide a platform for start-ups to pitch their products and interact with a wide array of technology and industry leaders from around the world. The main focus of Huddle Kerala will ..