Maharashtra Pioneers Blockchain-Based Caste Certificates
Gadchiroli, a district in Maharashtra, has launched a pilot project to issue caste certificates using the Polygon blockchain platform, which enables instant and tamper-proof verification. Traditional identity verification systems are susceptible to forgery and abuse. The project gives safe and clear caste certificates to Gadchiroli’s tribal people, who need them for government aid. The project […]
Reserve Bank Of India To Reportedly Launch Digital Rupee Pilot
After announcing its plan to create a digital rupee, the Reserve Bank of India is on schedule to introduce a central bank digital currency. The RBI announced on October 31 that the Indian Reserve Bank will begin the digital rupee pilot program for the wholesale market on November 1.Nine locally active institutions, including the largest […]
CoinSwitch is ‘Active’ CEO says ‘Under Duress’ From Indian Authority
The CEO of CoinSwitch also wanted to make it clear that the “engagement with the ED” is not about money laundering. The CEO of the Indian cryptocurrency exchange CoinSwitch Kuber, Ashish Singhal, said on Saturday, two days after the financial crimes agency Enforcement Directorate searched five locations, “We are fully cooperating with them.” Thursday, the […]
The official Indian crypto advertisements guideline has 5 essential points
The new rules of Indian crypto advertisements limit the size and phrasing of disclaimers, and also make it illegal to portray the stock market as a “get rich quick plan.” On Wednesday, the Advertising Stands Council of India (ASCI) issued a set of 12 recommendations regarding the promotion and advertisement of virtual digital assets (VDA), […]
Indian government seeks to use Ethereum blockchain to verify false educational certificates
The educational system is beginning to see a future in blockchain technology, as the Indian government partners with LegitDoc a blockchain company to implement an e-governance system for higher education. Maharashtra’s government recently announced a cooperation with Indian blockchain company LegitDoc to build an Ethereum-based credentialing system that will offer tamper-proof diploma certificates . The […]