DLT adoption in India could have significant impact on political system

2020-2-3 17:30

NITI Aayog, a policy think tank of the Government of India, recently released a report titled "Blockchain - The India Strategy," a report that discussed in detail the different use cases of blockchainThe post DLT adoption in India could have significant impact on political system appeared first on AMBCrypto.

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india report adoption dlt could system impact

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India: National Blockchain Policy Stakeholders Emphasize the Importance of DLT Regulations

According to a report by The Economic Times published on January 28, 2020, India’s National Institute for Smart Governance (NSIG) – a public-private body promoted by the Central government and software industry lobbying group NASSCOM – has recommended that laws and regulations should cater to the functions performed by technologies such as blockchain and notRead MoreRead More.

2020-1-29 02:30


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India: Minister Says Government Working on National Level Blockchain Framework

According to a report by The Economic Times published on November 27, 2019, the Indian Minister of State for Electronics and Information Technology (MeitY) – Sanjay Dhotre – has stressed the importance of blockchain technology in streamlining operations in various domains such as governance, banking and finance, and cybersecurity.

2019-11-28 12:00


Supreme Court of India Holds Crypto Hearing Regarding the Reserve Bank of India (RBI) Restrictions

According to a report by Bitcoin.com, a crypto hearing was held by the Supreme Court of India. The hearing was over writ petitions challenging restrictions on banking by the Reserve Bank of India. Although the hearing was scheduled for Tuesday, it took place on Monday at the order of the senior counsel, which placed the […]

2019-11-20 02:06


Indian Central Bureau of Investigation (CBI) Charges Own Officer for Blackmailing Bitcoin Businessman for $700,000

As per a report in India Today, the Indian Central Bureau of Investigation is currently investigating one of its own officers in an extortion case. The officer under investigation was identified as Sunil Nair, who was found to be blackmailing local real-estate businessman named Shailesh Bhatt for INR 5 crore (equivalent to $700,000) for his […]

2019-11-9 19:55


Defense Minister in India: Big Data, AI and Blockchain Have Revolutionized the Future of Warfare

According to the Defense Minister in India, big data, artificial intelligence, and blockchain technology are expected to form an important part of tomorrow’s warfare. In a November 4th report published by Times of Media, a local daily news outlet, Rajnath Singh, went to great lengths to highlight the role played by blockchain technology, artificial intelligence, […]

2019-11-5 20:34


Russia Sets Up A SWIFT Alternative With India, China, & Iran To Connect Over 40% Of World Population

Russia’s SWIFT alternative (SPFS) is all set to connect both India and China. This system will connect more than 41% of the world’s population that will be a big step towards a non-dollar world. According to an RT report, members of BRICS trade bloc, India, Russia, and China decided on Monday to connect their financial […]

2019-10-29 15:29


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World’s Largest Private Telecom Company Set to Launch Data Management Blockchain, Partners with Microsoft

Reliance Jio, which recently became the largest private telecom company in India and the world, has announced the launch of a proprietary blockchain solution built to improve customer data privacy. In the report by ET Telecom, August 12, 2019, Reliance executive chairman Mukesh Ambani, spoke of the imminent transformation of Jio into a technology companyRead MoreRead More.

2019-8-13 21:00


India set to lose $12.9 billion worth of market if they proceed to ban crypto

The rumors about the Indian government planning to put a blanket ban on cryptocurrencies finally turned out to be true. The official report along with the draft bill from the interministerial committee tasked at formulating the framework for crypto use was released on July 22, a day before the Supreme Court was scheduled to hear […] The post India set to lose $12.

2019-8-8 20:00


Bangladesh Government Will Send its Graduates to India & Japan for Blockchain Education Purposes

As per a report released by a Bangladeshi media outlet called ‘The Daily Star’ recently, the country’s government will spend a chunk of its $208 million IT project fund to train local graduates in matters related to crypto and blockchain technology — primarily by sponsoring their studies in institutions located all across Japan and India. […]

2019-8-5 18:28


Ôîòî:

India doesn’t want WhatsApp sharing your payment data with Facebook

Even as WhatsApp readies to launch its mobile payment service in India later this year, the government is concerned about its privacy and security ramifications. “Indian authorities are concerned that WhatsApp‘s payment service might share user data with group companies Facebook and Instagram, compromising the security, privacy and non-commercial information of its subscribers,” according to a report from the Economic Times.

2019-7-26 09:40


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India: Government Committee Recommends Cryptocurrency Ban

Despite an earlier statement from India’s Minister of State for Finance that the government wasn’t planning on banning cryptocurrencies, the Inter-Ministerial Committee (IMC) is proposing otherwise. According to the IMC report on July 22, 2019, the committee recommended a blanket ban on cryptocurrency and also penalties for conducting virtual currency activities in the country.

2019-7-23 20:33


Bitcoin Isn't Banned in India, Confirms Minister; That’s Just Half the Picture

  Bitcoin enthusiasts in India have a reason to rejoice – the country’s government hasn’t banned cryptocurrencies, yet. Responding to a question in the Indian Parliament about the status of cryptocurrencies such as bitcoin in India, minister of state for finance Anurag Thakur responded in the negative, according to a report by Inc42.

2019-7-22 14:47


Bitcoin Isn’t Banned in India, Confirms Minister; That’s Just Half the Picture

  Bitcoin enthusiasts in India have a reason to rejoice – the country’s government hasn’t banned cryptocurrencies, yet. Responding to a question in the Indian Parliament about the status of cryptocurrencies such as bitcoin in India, minister of state for finance Anurag Thakur responded in the negative, according to a report by Inc42.

2019-7-21 14:47


Ôîòî:

Here’s why India wants to build its own WhatsApp and Gmail

The Indian government is reportedly planning to build its own WhatsApp-like chat platform to facilitate secure communications for government agencies, according to news outlet Economic Times. The move is meant to reduce the country’s reliance on US technology companies, and ensure that all communication and data transmitted over the service will be stored locally in the country.

2019-6-27 14:22


Reserve Bank of Australia faults Bitcoin over miner’s fee and transaction costs

Although numerous businesses from the countries that are hostile to cryptos, such as India and China, have taken shelter in the Australian jurisdiction, a recent publication from the central bank, Reserve Bank of Australia, evoked mixed feelings among the community owing to its clear intentions of refusing Bitcoin’s entry into the market.

2019-6-21 18:15


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