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 cryptocurrencies be banned completely in India. It has also drafted a law, ..
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 means it charges zero free on any trade. The platform also known ..
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 World Bank the main purpose to teach relevant individuals within the organizations ..
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 IMF and the World Bank to help both multinational agencies learn about ..
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 ..
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
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 of laws, policies, institutions and institutional processes that together help govern them ..
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 ..