Current Affairs

GK MCQs Section

Topic: Decentralization

Subhash Chandra Garg heads Cryptocurrency panel that proposes ban on private digital currencies

The Inter-Ministerial Committee (IMC) set up to look into the legality of cryptocurrencies and blockchain has recently submitted its report to the Finance Ministry and recommended that private...

July 24, 2019

BuyUcoin has launched 1st Indian Platform for Wholesale Cryptocurrency Trading

2nd oldest Cryptocurrency Exchange company in India, BuyUcoin has launched a new and unique platform for wholesale cryptocurrency trading. This wholesale platform works on ‘free trading model’ which...

April 25, 2019

IMF and World Bank unveiled Learning Coin For In-House Purposes

International Monetary Fund (IMF) and the World Bank have together launched a private blockchain with a pseudo-token. The new token, called ‘Learning Coin’ accessible within the IMF and...

April 19, 2019

Learning Coinis launched by IMF

The International Monetary Fund (IMF) and the World Bank (WB) have jointly launched a project called “Learning Coin”. It is a private blockchain-based coin and only accessible within...

April 18, 2019

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...

September 29, 2018

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...

August 7, 2018

Annual Survey of India’s City-Systems (ASICS)

The fifth edition of the Annual Survey of India’s City-Systems (ASICS) by Janaagraha Centre for Citizenship and Democracy spans 23 Indian cities. The cities were scored based on the quality...

May 2, 2018

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...

April 13, 2018

India signs loan agreement with World Bank to improve access to water supply in Uttarakhand

The Government of India (GoI) has signed $120 million loan agreement with World Bank (WB) that will help increase access to improved water supply services in peri-urban areas...

January 25, 2018

Reliance Jio to launch its own cryptocurrency

The Reliance Jio Infocomm Ltd is planning to launch its own cryptocurrency “JioCoin”. It is expected to build a 50-member team of young professionals to work on blockchain...

January 12, 2018

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