RBI to launch Trial Project of CBDC by December

According to Reserve Bank of India (RBI) Governor Shaktikanta Das, RBI is set to launch the trial program of its digital currency by December 2021. Highlights Currently, RBI is working on bringing its Central Bank Digital Currency (CBDC) in a ..

Tags: Central Bank Digital Currency • Digital currencies • electronic currency • Reserve Bank of India (RBI)

Month: Current Affairs - August, 2021

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 ..

Tags: Bitcoin • Bitcoin Attackers • Blockchains • Computing • cryptocurrencies

Ontario: First town to pay taxes with Bitcoins

The Ontario town can launched a pilot program in which the local residents can pay their taxes in crypto currency. Reidents of Ohio, USA were the first to to pay taxes in Bitcoins. The Candian citizens in Ontario will pay ..

Tags: Bitcoin • cryptocurrencies • Currency • Digital currencies • Legality of bitcoin by country or territory

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 ..

Tags: Bitcoin • Blockchains • Concurrent computing • cryptocurrencies • Decentralization

Pluto Exchange launches India’s first bitcoin trading app

Pluto Exchange will launch the India’s first bitcoin trading app for transacting in virtual currencies. The Pluto Exchange mobile app offers a solution to the coordination problem between payment processors, financial gateways and banks. Pluto Exchange will enable transactions using ..

Tags: Alternative currencies • Bitcoin • cryptocurrencies • Currency • Digital currencies

India’s first crypto-currency exchange “Coinome” by Billdesk

India’s first crypto-currency exchange “Coinome” has been launched by Mumbai-based payment gateway Billdesk. Coinome is incorporated under Hatio Innovations Pvt. Ltd, a wholly owned subsidiary of BillDesk. It will allow users to be on-boarded via Instant e-KYC. It means that ..

Tags: Bitcoin • Bitcoin ATM • ChangeNOW • cryptocurrencies • Digital currencies