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60-Year-Old Man Cons Over 50 People with Indian Crypto Scam
Police have revealed another crypto scam in India has left more than 50 people counting losses.
Government of India to Deploy Blockchain Technology at a National Level
The Indian government is eyeing the blockchain technology since it has a huge potential of being applied in various sectors such as banking, cybersecurity, education, and governance: securing the future of their economic development and growth. This strategic plan was made known in response to a question in the Lok Sabha as reported by the Indian Times on Nov. 27.
Chinese E-Commerce Giant JD.com Launches Enterprise-Level Blockchain-Based Smart Contracts
Chinese e-commerce giant JD.com, also known as Jingdong, has successfully launched two enterprise-level applications, including blockchain-based smart contracts, and the protection of commercially confidential information. These two applications were launched on JD’s independently-developed proprietary blockchain, JD Chain. The JD Chain blockchain framework was made open sourced around a year ago, five months after the company launched the JD Blockchain Open Platform enabling companies to use JD’s platform using pre-built APIs. The blockchain protocol has been opened up to allow enterprises to built custom solutions.
India Taking a Step Towards CBDC After the Debut of its Blockchain-Based Payment System Vajra?
India has been taking multiple stances when it comes to blockchain and cryptocurrencies, as cryptocurrency has not been deemed legal, but not it is not considered illegal either. The National Payments Corporation of India (NPCI) recently designed and adopted a blockchain-based system for automating payment clearing and settlement processes.
India’s Central Bank Clears the Air on Cryptocurrencies not Being Outlawed
India’s central bank, the Reserve Bank of India (RBI), has stated that it had not prohibited cryptocurrencies, such as Ethereum and Bitcoin, in the nation as it only highlighted the risks linked to crypto trading to regulated entities like banks.
Indian Bill To Ban Cryptocurrency Excluded From Winter Parliament Agenda
The bill to ban cryptocurrency trade in India has been left of its parliamentary winter session agenda, fueling speculation that there has been a change in strategy.
Japanese E-book Publisher Turns to Blockchain for Distributiion in the Pandemic Era
A Japanese book distributor is mulling an investment in a blockchain-based platform to distribute e-books, as partial lockdowns due to the ongoing COVID-19 pandemic continue in Japan.
Bangladesh Cashing in into the Blockchain Bandwagon Ahead of the 'Fourth Industrial Revolution'
Blockchain technology has seen an increasing amount of adoption, from large conglomerates researching its uses and testing it out, to officials such as President Xi Jinping, endorsing and seizing the opportunities that it may bring. Dr. Mohammad Saifur Rahman, the US-based blockchain expert, said that blockchain can have applications in financial industries, including remittance, credit, and payment industries, as well as e-governance in Bangladesh.
Bithumb Touts Indian Alliances for its New Blockchain Protocol
Bithumb Global, one of the biggest cryptocurrency exchanges globally, has announced its intent of availing its new blockchain protocol in India. Dubbed 'Bithumb Chain,' the South Korea based exchange seeks to avail it to Indian startups, companies and even the administration for developing products and services on the foundation of blockchain technology.
IAMAI to Host World’s Largest Virtual Global Fintech Fest
New Delhi, 01st July 2020: Internet and Mobile Association of India [IAMAI], and its sister organisations, Payments Council of India, [PCI] and Fintech Convergence Council [FCC] are jointly organising the two-day virtual Global FinTech Festival on 22-23 July 2020.
Russian Blockchain E-Voter Identities Can be Exposed Through Vulnerability
On the final day of Russia’s vote on the proposed constitutional amendments—a vulnerability in the blockchain-based system that allows user’s votes to be decrypted has been exposed by Russian media.
TBZ Eyes Blockchain for Jewellery Validation
TBZ (Tribhovandas Bhimji Zaveri), a famed jewellery brand in India, is eyeing technological innovations, such as blockchain, virtual reality, and artificial intelligence (AI), to authenticate its jewellery.