11th BRICS Summit

PM Modi attended the 11th BRICS summit and invited business leaders from BRICS nations to invest in India, especially in infrastructure development. Highlights of the summit The BRICS countries discussed in creating a common crypto currency for mutual payments. The ..

Month: Current Affairs - November, 2019

UNICEF: First UN organisation to accept donation through Cryptocurrencies

United Nations Children’s Fund (UNICEF), the Children’s agency of the United Nations has now become the first UN organization to hold and make transactions in cryptocurrency. UNICEF now joins a number of other aid agencies that accept donations in cryptocurrencies, ..

Month: Current Affairs - October, 2019

Fake Crypto-currency menace on the Rise

The rise of digital penetration in the world has lead to an increase in the instances of cyber crimes and digital fraud in recent years. The latest in this series of frauds has been the instance of a company based ..

Bitcoins

Bitcoin is one of the most well-known as widely used cryptocurrency in the world. Bitcoin is a global digital currency without the backing of any central bank or regulations of a single administrator. How do bitcoins work? Bitcoins are created ..

The Future of Cryptocurrencies in India

A cryptocurrency is an asset held digitally. It is designed as an exchange medium that relies on a strong code which helps keep the financial transactions secure and also controls the generation of additional units. Adding the blockchain allows for ..

Project Libra

Libra is the new cryptocurrency of the social media giant, Facebook. The digital currency Libra will be available to the users of Facebook services like Messenger, WhatsApp, and Instagram. The Libra transactions will be recorded on a blockchain which offers ..