The Indian state of Telangana plans to use blockchain technology in a big way. Recently, it signed a pact with various blockchain firms. The aim is to digitize the governance. Moreover, it is planning to digitize the government applications with the help of blockchain technology. Some of the government officials...
NITI Aayog is planning to use the blockchain technology in order to keep track of the medicines which are being sold in India. This will ensure that the fake drugs are not a problem as well. The Indian government has already hired Oracle in order to create a pilot project...
Perhaps after a very long time, Indian crypto space got good news about cryptocurrency acceptance but with its own caveats. As per a legal report of July 2018, the popular sports betting industry, Indian Premier League will now accept cryptocurrency as a legalized Payment method. The detailed report by Indian...
Authorities all over the world are trying to decipher the usage of blockchain technology. In this quest, Northern Indian state Uttar Pradesh (UP) can actually become the 1st state in order to use blockchain to completely secure the data. It is already using it for the Revenue Department. In the...
In a recent event held in Silicon capital of India Bangalore, the founder of ConsenSys and co-founder of Ethereum, Joseph Lubin quoted that, ‘India will eventually accept cryptocurrency‘. The event was organized by the company ConsenSys where Lubin spoke about improvements happening in Indian crypto space. He went on to...
The Reserve Bank of India (RBI) has completely withdrawn the banking facilities to the cryptocurrency exchanges. As a result, most of the cryptocurrency exchanges are not able to operate in the country. Recently, the reserve bank of India told the Supreme Court that they are regulating the cryptocurrency markets to...
