Posted At
: 2021-07-13
Indian IT giant - Tech Mahindra is working with blockchain start-up StaTwig on a global blockchain-based product for tracing vaccine supply chains. The IT company said the VaccineLedger blockchain is created to enhance transparency & prevent vaccine supply failures, including expired vaccine distribution, counterfeiting & stock depletion.
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Posted At
: 2021-07-06
Cryptocurrency exchange - WazirX has received a notice issued by the Directorate of Enforcement (ED), founder Nischal Shetty confirmed on Thursday. The notice had looked out an explanation into transactions worth Rs. 2,790.74Cr that the firm alleged last month was in violation of foreign exchange laws under the Foreign Exchange Management Act (FEMA).
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Posted At
: 2021-07-05
To find out, measures including the number of crypto ATMs in the country & their accessibility for the general populations were analyzed. Further, the Govts. legal stance on cryptocurrency ownership, the number of online searches & its increase over the last year were taken into account. Finally, by combining these category scores, a crypto-ready score for countries was formulated.
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Posted At
: 2021-06-28
Binance - the world's largest cryptocurrency exchange, has been outlawed by the UK's financial lawmaker. The Financial Conduct Authority (FCA) has ruled that the company can't perform any regulated activity in the UK. It also issued a consumer hinting about Binance.com, informing people to be cautious of adverts promising high returns on crypto assets investments.
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Posted At
: 2021-06-25
Swiss-based firm - Digital Assets AG (DAAG) has released tokenized stocks for 55 firms to Solana. FTX exchange will be the 1st platform to enable trading for people who complete its KYC process. Popular stocks will immediately be available for a wide range of firms for trading, including Netflix, Tesla, Facebook, Square, Nvidia, Google & PayPal.
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Posted At
: 2021-06-18
15 banks have formed a new firm to use blockchain tech to process letters of credit (LOC) for domestic transactions in India. The bankers stated, the use of blockchain-based tech will eradicate paperwork, reducing transaction time. According to a statement by the Economic Times on Tuesday, 10 private-sector banks, 4 public-sector banks & a foreign bank have formed the Indian Bank's Blockchain
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Posted At
: 2021-06-03
Chief Election Commissioner - Sunil Arora stated on Friday, the Election Commission (EC) of India is working with IIT Madras on using Blockchain tech for electors to vote from remote areas without going to the allotted polling station of their respective constituencies & significant advancement in that direction is expected by 2024 General Elections.
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Posted At
: 2021-05-29
A brand novel tech is eager to show it won't damage the planet. Meanwhile, a tech business founded more than 100 years ago wants to show it can use big data to prosper without harming the environment. The key idea behind Bitcoin & other cryptocurrencies is that they're decentralized & nobody is in charge. But this week, a group of North American Bitcoin miners, with the encouragement
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Posted At
: 2021-05-28
As blockchain tech enters the mainstream, the Maharashtra govt's disaster management department has adopted the tech in alliance with a start-up, Print2Block, to provide pandemic test certificates. The certificates are provided to people who test Covid-19 negative. Print2Block's co-founder Joji Varghese told Inc24 that they have met the needs of data security & scalability. Out of lakhs of people
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Posted At
: 2021-05-25
The UN's sustainable development goals (SDG) are gaining popularity in today's world. The aim to do good & well is driving several types of individuals & organizations to play their parts. Individual donors, foundations, Governments, high-net-worth philanthropists, social enterprises, impact investors & several for-profit corporations have upped their game in enhancing society.
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Posted At
: 2021-05-25
The cryptocurrency market has always been volatile & speculative. Still, the latest, steep crash after a huge bull run led many to become extremely alert while investing in digital assets. At the same time, few are doubling down & advising people to purchase the dip & hold their tokens for maximized gains. However, a Reddit user has compiled a list from January 2018 showing that only 12 digital
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Posted At
: 2021-05-16
India's central bank – the Reserve Bank of India (RBI), is informally urging lenders & other banks to break the ties with cryptocurrency exchanges & traders. There isn't any idea as to when this highly speculative market will boost. However, the Supreme Court had passed a ruling that banks can operate with the crypto industries.
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