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World Blockchain Roadshow 2018 – Asia and Europe • June 28 - August 18, 2018

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Tag: India

Indian Cryptocurrency Exchange Koinex Launches Loop, a P2P Token Transaction Network

Category: Altcoins, Bitcoin, Development, Exchange, News

Indian Cryptocurrency Exchange Koinex Launches Loop, a P2P Token Transaction Network

Koinex, a prominent Indian crypto exchange, has launched its peer-to-peer (P2P) service called Loop. Loop is a P2P trading platform for crypto assets transactions using fiat currency (INR). Koinex Loop – An Attempt to Preserve the Crypto Industry in India This step follows the move by another Indian exchange, WazirX, who started their P2P operations earlier. As a reminder, the…

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India’s Blockchain Records Remain Susceptible to Corruption

Category: Blockchain, News

India’s Blockchain Records Remain Susceptible to Corruption

India’s Andhra Pradesh is currently digitalizing and documenting agricultural land on the blockchain network. While the decentralized distributed ledger system is a significant improvement from Andhra Pradesh’s older databases, Quartz India has noted that private blockchain systems remain susceptible to corruption. Unfortunately, advanced technology cannot absolve complete responsibility from users and administrators. It becomes increasingly difficult when there is a…

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Indian Bitcoin Extortion Case Continues

Category: Bitcoin, Crime, News

Indian Bitcoin Extortion Case Continues

Two months into the investigation of the Bitcoin extortion in India, the Crime Investigation Department has arrested seven constables from Amreli district in connection with the case. Arrests Made The original complaint was made by Bhatt, a builder based in Surat, who alleged that the Amreli police had kidnapped him and his partner Paladiya, and extorted over Rs 9 crore…

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Ripple Reveals Plans of Popularizing the XRP in India

Category: Adoption, Altcoins, Blockchain, Finance, News

Ripple Reveals Plans of Popularizing the XRP in India

Ripple Labs, Inc., the United States-based Fintech firm and creators of the ripple (XRP) altcoin is formulating a sure-fire strategy to make the native token a popular choice amongst the populace of India. XRP to the Moon? According to an Express report, officials at Ripple have revealed their fail-proof plan to end bitcoin’s dominance in the cryptocurrency ecosystem. Asheesh Birla,…

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Indian Regulators May “Unban” Cryptocurrency Trading Soon

Category: Adoption, Altcoins, Bitcoin, Blockchain, News, Regulation

Indian Regulators May “Unban” Cryptocurrency Trading Soon

The Reserve Bank of India’s (RBI) harsh stance towards the local digital currency space may not last forever. If the latest report coming from reliable sources at the finance ministry is anything to go by, authorities are on the verge of regulating blockchain-based virtual currencies as commodities, a move that would be very beneficial to cryptocurrency investors in the Asian…

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India: Congress Alleges Ruling Party Involved in Bitcoin Scam Worth $763 Million

Category: Bitcoin, Crime, News, Regulation

India: Congress Alleges Ruling Party Involved in Bitcoin Scam Worth $763 Million

The Bharatiya Janata Party (BJP), India’s ruling political organization, was accused by their predecessor Congress for alleged involvement in a “multi-tiered” bitcoin scam estimated at $763 million. Scam May Cross $12 Billion As reported by local news NDTV on July 6, 2018, the Congress Party in the state of Gujarat demanded a Supreme Court intervention after party workers claimed several…

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Indian Cryptocurrency Exchanges Denied Temporary Stay in Cryptocurrency Ban Case

Category: Altcoins, Bitcoin, Development, News, Regulation

Indian Cryptocurrency Exchanges Denied Temporary Stay in Cryptocurrency Ban Case

The Supreme Court of India decided on July 3, 2018, to deny a temporary stay in the petition against the Reserve Bank of India’s directive forbidding banks to deal with crypto exchanges. RBI’s Directive Shocks India Although the blockchain and cryptocurrency industry seems to be blooming everywhere, India’s financial authorities don’t seem to recognize its enormous potential. The Reserve Bank…

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Indian Women Invest More in Cryptocurrencies Than Men

Category: Altcoins, Bitcoin, Blockchain, Business, News, Regulation, Tech

Indian Women Invest More in Cryptocurrencies Than Men

According to a survey conducted by Indian cryptocurrency exchange BuyUCoin, Indian female cryptocurrency investors on average, are investing twice as much as their male counterparts. Women Leading the Pack Although the cryptocurrency industry is heavily dominated by men, the BuyUCoin survey found that Indian women typically invest over $2,000 on cryptocurrencies, twice what men usually invest. The survey was conducted…

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Indian Government set to Launch National Blockchain Project

Category: Blockchain, Business, News, Regulation, Tech

Indian Government set to Launch National Blockchain Project

Nine months after inception, the Indian government is set to launch a blockchain project to be known as IndiaChain. India’s Blockchain Push This will operate as a platform primarily aimed at reducing fraud, speeding up the enforcement of contracts, increasing the transparency of transactions, and boosting the agricultural economy of the country. The blockchain network is the brainchild of NITI…

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Indian Educational Institute Partners with IBM to Launch 12-week Course on Blockchain Technology

Category: Bitcoin, Blockchain, Business, News, Regulation, Tech

Indian Educational Institute Partners with IBM to Launch 12-week Course on Blockchain Technology

The National Programme on Technology Enhanced Learning (NPTEL) has partnered with IBM to create an online course on blockchain technology. The course is considered the first-of-its-kind and will cover blockchain architecture, design, and uses. India’s Pushes Blockchain Education The course will be available from July 2018, on the NPTEL website. It will cover conceptual and application components of blockchain technology….

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