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“WordPress of Startups” : Blockchain start-up Elemential is working on making enterprise blockchain easier

Building an enterprise blockchain, developing apps using it, and deploying the apps on it need to have processes, methods, and tools that make it easier to use. Mumbai, India-based blockchain start-up Elemential is working on their Hadron and Federated Network Protocol (FNP) solutions, to do exactly that. Wider adoption of blockchain requires big businesses to […]

Bitcoin Government

Indian government functionaries continue to discourage cryptocurrencies

The Government of India (GoI) doesn’t regard cryptocurrencies as legal tenders, and senior GoI functionaries continue to discourage use of cryptocurrencies. The latest statement from Mr. Shaktikanta Das, former Secretary of Economic Affairs in GoI, a senior official who was part of policy making exercise regarding cryptocurrencies, conforms to that trend. Mr. Das believes that […]

Blockchain

Indian Information technology (IT) provider Tech Mahindra will invest in blockchain center in Canada

Pune, Maharashtra, India-based multinational IT provider Tech Mahindra has announced that they will invest nearly Canadian $100 million (US $ 79 million) in a Center of Excellence (CoE) in Canada. The CoE will focus on blockchain and Artificial Intelligence (AI) technologies. Tech Mahindra has made this announcement during the recent visit to India by the […]

Government

Government of Maharashtra (India) explores blockchain technology to improve governance

Author – Anujit The state government of Maharashtra, the western Indian state, has started to explore blockchain technology to improve governance delivery, and bring in greater transparency, and in turn, better trust, between citizens and government. With this, the state government of Maharashtra joins a growing list of state and central governments that are evaluating […]

Blockchain

Blockchains LLC acquires over 60,000 acres of land in Nevada

Author – Anujit Nevada, USA-based Blockchains, LLC has purchased over 60,000 acres of land in the Tahoe-Reno Industrial Center, Nevada. With this purchase this relatively lesser known company has certainly made the headlines, more so due to lack of clarity with respect to their plans. Tahoe-Reno Industrial (TRI) center in Nevada already hosts technology giants […]

Government

India cryptocurrency Regulation: Media Misinterprets India Bitcoin Stand – But to Be Tough on the cryptocurrencies.

Author -Anujit India  will not ban cryptocurrencies or crypto exchanges and trading! In the past few days, India has been the main focus as reports of an imminent ‘ban’ on bitcoin and other cryptocurrencies looming in the country. However, India is not introducing a ban or planning to ban crypto exchanges and trading. The reports […]

Government India

Government of India (GoI) discourages cryptocurrencies but welcomes blockchain

Author – Anujit, India On February 1st 2018, the Government of India (GoI), as part of its annual budget exercise, formally discouraged use of cryptocurrencies. However, GoI has also welcomed the blockchain technology, and vowed to explore it further. Reserve Bank of India (RBI), i.e. India’s central bank, had earlier issues 3 warnings to the […]

crypto adoption Government

State government of Indian state Karnataka explores blockchain to improve e-governance:

Author – Anujith U The state government of Karnataka, a state in the southern part of India , is exploring blockchain technology, for e-governance. A hackathon named “Blockchain Hackathon for Governance” will be held in the state capital Bengaluru, better known as Bangalore, the city which is also often referred to as the Silicon Valley […]

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Indian telecom giant Reliance Jio plans entry into the blockchain and cryptocurrency space using JioCoin

One of the largest mobile network operators in India, Reliance Jio Infocomm Limited, better known as Jio, has announced their plan to enter the blockchain and cryptocurrency space. They will also launch their own cryptocurrency JioCoin. Jio has only recently, i.e. in 2017, disrupted the telecom sector in India significantly, with their free offers, and […]