Page-4 of Blockchain
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 ..
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 ..
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 ..
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 ..
Month: Current Affairs - December, 2020
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 ..
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 ..