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…

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…

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…

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…

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…

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,…

Bitcoin exchanges in India could be paying up to US $ 1 billion in taxes

Guest Post – Anujith Bitcoin exchanges in India are trying to ascertain their tax liabilities. The key questions are whether bitcoins will be treated as currency, or they will be treated as goods or services which will bring them in…

Indian government evaluates blockchain as a governance tool

Guest Post – Anujith Union Government of India (GoI) is intensifying its already spectacular anti-corruption drive, which has so far seen impactful actions such as using technology to minimize subsidy leakage, and demonetization of high value currency notes that were…