#India News

India: Infosys Launches a Suite of Blockchain Solutions

December 18, 2019 by Ogwu Osaemezu Emmanuel at Blockchain

Infosys, an Indian multinational corporation that offers its clients information technology services and more, has launched three distributed ledger technology (DLT) based solutions aimed at enhancing government services, supply chain, and insurance, according to a press release on December 18, 2019. Infosys Unveils DLT Solutions Infosys, a 38-year-old corporation headquartered...

Joe Lubin’s ConsenSys Reportedly Shutters Operations in India and Philippines

December 12, 2019 by Aisshwarya Tiwari at Ethereum

Ethereum blockchain development firm ConsenSys has reportedly shuttered its operations in India and Philippines “due to a realignment of the sales and services team” in the two countries. This, according to a report by Coindesk, December 11, 2019. Company Realignment to Blame Joe Lubin, one of the co-founders of Ethereum...

Leading Chinese Tea Producer Adopts VeChain (VET) for Supply Chain Management

India: Tea Board Blockchain Project Gets Support from Amazon, Infosys

December 2, 2019 by Edoardo Vecchio at Blockchain

On October 17, in an expression of interest (EoI) announced by Tea Board India, corporates and tech giants have been invited to study and implement end to end traceability mechanism for Indian origin Tea. According to an Economic Times report published on December 1, Amazon, Infosys, Yes Bank and 25 other companies...

Indian Government Set To Launch National Blockchain Project

India: Minister Says Government Working on National Level Blockchain Framework

November 28, 2019 by Aisshwarya Tiwari at Blockchain

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. A...

Bithumb Global Plans to Lobby Indian Government for a Regulated Cryptocurrency Exchange

Binance Acquires Indian Crypto Exchange WazirX in Their Bid to Onboard Native Fiat Support

November 21, 2019 by Ashwath Balakrishnan at Bitcoin

Earlier this week in Singapore, Changpeng Zhao, or CZ, CEO of Binance, spoke about a massive onboarding of fiat currencies across the world. With the acquisition of WazirX, Binance will be able to take advantage of the robust P2P matching engine that the exchange built out to battle the banking...

BRICS Business Council Greenlights the Launch of a Single Cryptocurrency Payment System

November 15, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

In a bid to facilitate swift payments between BRICS countries, the BRICS Business Council has proposed the creation of unifying cryptocurrency in a forum in Brazil. The crypto asset will be used as a single payment system for settlements between member countries of the union, according to an RBC report...

Indian Community Rejoices as Government Pulls Bill to Ban Crypto from Winter Parliament

November 15, 2019 by Ashwath Balakrishnan at Bitcoin

The Indian government released the list of bills they plan on presenting in the parliament's winter session, and to the surprise of the Indian cryptocurrency ecosystem, the bill to ban virtual currencies was not on the list. While this is good news for the domestic industry in the short term,...

Bithumb Seeks Blockchain Platform Partners in India

November 7, 2019 by Edoardo Vecchio at Blockchain

Having hosted the first Bithumb Family Conference on November 6, Bithumb is looking for business partners based in India who decide to create services through their Blockchain Value Network called Bithumb Chain. The news was published by Livemint, November 7. The Bithumb Family Bithumb, one of the largest Bitcoin exchanges...

Indian Defence Minister: AI, Data, and Blockchain Revolutionising Warfare

November 5, 2019 by Ashwath Balakrishnan at Blockchain

Rajnath Singh, the Union Minister of Defence for India, told envoys from 80 countries that in the age of information, the newest technological innovations will serve as the means of modern warfare. As per the Times of India, Singh believes warfare is evolving from land, sea, and air to cyberspace...

Indian Authorities Catch Bitcoin Thieves Defrauding Job Seekers

November 4, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

The Uttar Pradesh Special Task Force (STF) has arrested a gang of bitcoin (BTC) thieves who act as employment agents, posting fake overseas job offers online to defraud applicants of their cryptos. Authorities have succeeded in apprehending three members of the gang, seizing their ATM cards and Rs 21,300 (roughly...

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