Blockchain Technology

Blockchain Technology News

Future of fashion in NFTs: How the pandemic has pushed designers to embrace blockchain technology
Arts & Culture

Future of fashion in NFTs: How the pandemic has pushed designers to embrace blockchain technology

“The digital age is a reality, and sooner or later, NFT will make a strong impact but the only thing which needs to be seen is the regulation, consumption pattern, and the impact it will bring in the fashion space. Will it be a disruptor or a supporter, that time will tell."

RBI to issue digital currency based on blockchain: What blockchain technology is, how it works
Business

RBI to issue digital currency based on blockchain: What blockchain technology is, how it works

Finance minister Nirmala Sitharaman on Tuesday announced that the Reserve Bank of India (RBI) will soon introduce digital currency based on blockchain technology.

Budget 2022: All you need to know about Digital Rupee announced by FM Sitharaman
Business

Budget 2022: All you need to know about Digital Rupee announced by FM Sitharaman

Digital currency will lead to a more efficient and cheaper currency management system. It is, therefore, proposed to introduce Digital Rupee, using blockchain, said Nirmala Sitharaman

Don’t ban cryptocurrencies, instead set up a regulatory body
Business

Don’t ban cryptocurrencies, instead set up a regulatory body

The potential of crypto is enormous and banning it would be throwing the baby out with the bathwater

Statue honoring mysterious Bitcoin founder unveiled in Budapest
World

Statue honoring mysterious Bitcoin founder unveiled in Budapest

Erected in a business park near the Danube River in Budapest, the bust sits atop a stone plinth engraved with the name of Satoshi Nakamoto, the pseudonym of the mysterious developer of Bitcoin

RBI concerned over impact of cryptocurrencies on India's financial stability, says Shaktikanta Das
Business

RBI concerned over impact of cryptocurrencies on India's financial stability, says Shaktikanta Das

The RBI governor said: 'We have certain major concerns about cryptocurrencies. We have communicated them to the government. It is under consideration in the government and I do expect and I think sooner or later the government will take a call and if required Parliament also will consider and decide'

Collaboration using blockchain technology is key to solving a lot of systemic issues in banking sector says IBM's Jitan Chandanani
News & Analysis

Collaboration using blockchain technology is key to solving a lot of systemic issues in banking sector says IBM's Jitan Chandanani

In the first phase of this network, the banks set up a live network for supply-chain vendors across India to register themselves

Cryptocurrency usage to become mainstream soon; China launching own state-backed digital coins
News & Analysis

Cryptocurrency usage to become mainstream soon; China launching own state-backed digital coins

Just like smartphones quickly eliminated most old cell phones, no countries will be able to reject blockchain payments for long.

FBI arrests US blockchain expert for helping North Korea evade sanctions
News & Analysis

FBI arrests US blockchain expert for helping North Korea evade sanctions

Virgil Griffith travelled to North Korea to attend the Pyongyang Blockchain and Cryptocurrency Conference

HSBC completes first blockchain-based letter of credit transaction in yuan
News & Analysis

HSBC completes first blockchain-based letter of credit transaction in yuan

HSBC has been looking to use blockchain to streamline the paper-based and bureaucratic business of financing trade.

TRAI asks telcos to submit monthly reports over complaints for pesky calls
News & Analysis

TRAI asks telcos to submit monthly reports over complaints for pesky calls

TRAI has outlined the specific format for the compliance reports that need to be filled by companies.

How blockchain technology can help in real-world supply chain management
News & Analysis

How blockchain technology can help in real-world supply chain management

Supply chain professionals can use blockchain technology to gather and use tracking data in new ways.

Microsoft announces new business tools to make AI and blockchain easier to adopt
News & Analysis

Microsoft announces new business tools to make AI and blockchain easier to adopt

Microsoft is releasing tools to let users make AI models without having to write the underlying code.

Reliance Industries acquires 5.56% stake in blockchain startup for $5 million
News & Analysis

Reliance Industries acquires 5.56% stake in blockchain startup for $5 million

The startup is expected to run its energy-focused blockchain startup early next year.

Facebook is working on a stablecoin cryptocurrency for WhatsApp transfers: Report
India

Facebook is working on a stablecoin cryptocurrency for WhatsApp transfers: Report

By their very nature, stablecoins are cryptocurrencies that are meant to minimise the effect of price volatility.

China's crackdown leads WeChat to block cryptocurrency transaction on its platform
News & Analysis

China's crackdown leads WeChat to block cryptocurrency transaction on its platform

The move came into action when WeChat tipped regulators about an ongoing ICO project.

Tech Mahindra, Microsoft join hands to develop blockchain-based technology to curb pesky calls and SMS
Business

Tech Mahindra, Microsoft join hands to develop blockchain-based technology to curb pesky calls and SMS

According to TRAI's new rules to quell pesky calls, telecom operators are required to deploy blockchain-based technology to prevent unauthorised access of subscribers data

Tech Mahindra aims to launch five pilot projects on 5G services by next month
News & Analysis

Tech Mahindra aims to launch five pilot projects on 5G services by next month

Tech Mahindra has been offering services to its clients using Blockchain Technology.

Blockchain can be used to fight corruption, increase transparency in govt projects
News & Analysis

Blockchain can be used to fight corruption, increase transparency in govt projects

Blockchain elevates transparency between the government, research organizations, and the public.

Facebook appoints new Director of Engineering at its Blockchain division
News & Analysis

Facebook appoints new Director of Engineering at its Blockchain division

Facebook had set up a group within the company to explore blockchain technology