Blockchain Technology one of many promising technologies: RBI
New Delhi/IBNS: The Reserve Bank of India (RBI) has informed that Blockchain Technology (BCT) is one of many promising technologies and its usefulness will depend on how it is adopted and adapted to a wide array of uses, the Ministry of Finance said on Tuesday.
Mumbai: Incentivised wellness platform Growfitter raised an additional $500K in an extended pre-series A round led by Venture Catalysts and Singapore-based Baksh Capital.
Sitharaman points out anonymity as an 'inherent risk' in blockchain technology
Mumbai: Finance Minister Nirmala Sitharaman on Saturday said anonymity is an "inherent risk" in blockchain technology and stressed the exercise of precaution in the future with the exponential rise in the use of this technology, media reports said.
Google Cloud and CryptoWire unite to develop blockchain, crypto ecosystem
New Delhi/IBNS: TickerPlant, a subsidiary of 63 moons technologies limited, on Thursday announced its collaboration with Google Cloud for the development of the CryptoWire ecosystem, catering to all stakeholders of the crypto and blockchain industry on a common platform.
Invesco delays launch of blockchain mutual fund over regulatory uncertainty
Mumbai/IBNS: Invesco Mutual Fund (MF) has decided to hold the launch of its first-in-India blockchain fund because of regulatory uncertainty.
Far deeper issues involved in cryptocurrency, RBI has serious concerns: Shaktikanta Das
Mumbai/IBNS: Reserve Bank of India (RBI) Governor Shatikanta Das has reiterated that it has serious concerns over cryptocurrency as "far deeper" issues are involved amid reports that the Centre is likely to table a cryptocurrency bill in the upcoming winter session of Parliament.
Bengal Chamber organises Business IT conclave on theme Fintech-Riding on Block-chain
Kolkata, May 11 (IBNS): The Bengal Chamber of Commerce on Thursday organised the ninth edition of Business IT conclave on the theme Fintech-Riding on Block-chain.
Bengal Chamber and VCAN explore how Blockchain can make the digital marketplace saf
Mumbai, Mar 23 (IBNS): Kolkata-based Bengal Chamber of Commerce and Industries (Bengal Chamber) in collaboration with VCAN (V Citizens’ Action Network), recently organised a programme on the topic “How Blockchain can make the Digital Marketplace Safer”, in Mumbai, as part of its outreach programme.
Kotak Mahindra Bank re-defines trade finance with Blockchain
Kolkata, May 17 (IBNS): Kotak Mahindra Bank (Kotak), with the help of Blockchain technology, ushers in a new era in trade & commerce by reducing time taken for a Letter of Credit (LC) from 20-30 days to only couple of hours.