Decentralization Current Affairs, GK & News

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, the ‘Banning of Cryptocurrency & Regulation of Official Digital Currency Bill, 2019’, which mandates a ..

Topics: Bitcoin • Blockchain • cryptocurrencies • Cryptography • Decentralization • Digital currency • Financial technology • Technology • Uberisation

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 as OTC (Over-the-counter) Desk allows users to trade on a large scale with low price ..

Topics: BuyUcoin • Cryptocurrency • Cryptography • Decentralization • Digital currency exchange • Dual Gateway Exchange • Economy • Financial technology • IntercoinX • Money • Uberisation

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 about blockchain. Though the coin has no real value hence the description pseudo-token staff members ..

Topics: Blockchains • cryptocurrencies • Decentralization • Economy • Ethereum • Exonumia • International Monetary Fund • Liquidity Token • Numismatics • Token coin

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 the merits of blockchain. The coin project has been launched in order to conduct research ..

Topics: Bitcoin • Bitcoin Attackers • Blockchains • Computing • cryptocurrencies • Decentralization • Digital currencies • Digital technology • Ethereum • Technology

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 real drug supply chain using blockchain decentralized ledger and Internet of Things (IoT) software. The ..

Topics: Bitcoin • Blockchain • Computing • Counterfeit medications • cryptocurrencies • Decentralization • Information • Niti • Stride

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 a virtual cluster, connecting with the stakeholders working in the emerging technology. It would have ..

Month: Current Affairs - December, 2020

Topics: Bitcoin • Blockchain • Computing • cryptocurrencies • Decentralization • Hyderabad • Information • Tech Mahindra • Telangana