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 cryptocurrencies be banned completely in India. It has also drafted a law, the ‘Banning of Cryptocurrency & Regulation of Official Digital Currency Bill, 2019’, which mandates a ..
Decentralization: GK, Current Affairs, Questions, Trivia and News
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 means it charges zero free on any trade. The platform also known as OTC (Over-the-counter) Desk allows users to trade on a large scale with low price ..
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 World Bank the main purpose to teach relevant individuals within the organizations about blockchain. Though the coin has no real value hence the description pseudo-token staff members ..
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 IMF and the World Bank to help both multinational agencies learn about the merits of blockchain. The coin project has been launched in order to conduct research ..
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 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 ..
Block chain technology has revolutionised the arena of digital currency. Hashgraph is a new entrant for strengthening the digital currency mechanisms. Hashgraph provides for a distributed ledger technology based on the feature of superior data structure. Features of the blockchain like distributed, transparent, consensus-based, transactional and flexible are all available with Hashgraph. Being a consensus ..
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 of laws, policies, institutions and institutional processes that together help govern them ASICS groups questions into four categories: urban planning & design; urban capacities & resources; transparency, ..