Page-5 of cryptocurrencies
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
Blockchain and Distributed Ledger
This technology was first used in bitcoins and other crypto-currencies. It uses single shared ledgers to store information. Advanced cryptography technology is used to make sure that information once entered in to the ledger cannot be altered except if the ..
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 ..
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 ..
Month: Current Affairs - April, 2018
Marshall Islands to become world’s first country to issue digital legal tender “Sovereign”
The Republic of the Marshall Islands (RMI) will become the first sovereign nation to issue a cryptocurrency that will be legal tender. The new currency is called “Sovereign” with the symbol “SOV”. The SOV will be distributed to the public ..
Government to ban cryptocurrencies from its payments system
The Union Finance Ministry is planning to ban cryptocurrencies from payments system and at the same time appoint regulator to oversee unregulated exchanges that trade in crypto assets. The Dinesh Sharma committee constituted by the Government to look into issues ..