Automobile giant Skoda’s Indian subsidiary, in keeping with its worldwide Web 3.0 ambition, has established Skodaverse India, a platform where users can access and buy/trade Non-Fungible Tokens (NFTs) in an attempt to boost interaction with the tech-savvy youth and build a loyal consumer base. Plus, Skodaverse is working with Near
Bangladesh has submitted a formal application to join the BRICS alliance, which has Brazil, Russia, India, China, and South Africa in hand. The application follows a meeting between Prime Minister Sheikh Hasina and South African President Matamela Cyril Ramaphosa in Geneva. This development carries significant implications for the global economic
Former Twitter CEO Jack Dorsey claimed that the micro-blogging platform encountered “many requests” from the Indian government to block accounts covering “farmer protests” and those who criticized the government. In a startling revelation, Jack Dorsey stated that the Indian government exerted pressure on the social media platform to block accounts
While it is true that BRICS countries have expressed their desire to reduce the dominance of the US dollar in international trade and finance, it would be an exaggeration to say that they are “racing” to achieve this goal. The BRICS countries have been exploring alternatives to the US dollar
India’s central bank has put forward a recommendation for banks to embrace artificial intelligence and blockchain technology in order to achieve sustainable growth and ensure stability. Deputy Governor Mahesh Kumar Jain, at a conference organized by the Reserve Bank of India (RBI) for directors of Indian banks, led a discussion on
In an era where disruptive technologies are redefining financial boundaries, cryptocurrency, particularly Bitcoin, has emerged as a game-changer. No country illustrates this paradigm shift better than India, which has witnessed an astounding 2700% increase in new Bitcoin users over the past three years. According to reports, the dawn of India’s
Bitcoin, the largest cryptocurrency by market capitalization, has transitioned from being an esoteric fascination to a commonly recognized monetary instrument. While its hype extends globally, some countries are at the forefront, experiencing an extraordinary leap in the number of crypto users and owners. Crypto Craze: 2018-2022 Growth in Key Global
India’s cryptocurrency industry is mobilizing for reform as a wave of proposals seeks to restore access to the immensely popular Unified Payments Interface (UPI) for crypto-related transactions. According to insiders, the Indian government and central bank have been inundated with these proposals, while the newly established crypto policy advocacy group,
Amid the anticipation of India unveiling its crypto regulatory framework, the seizure of numerous Binance P2P-linked bank accounts triggered a noisy shockwave in the community. A netizen from the community posted a tweet thread to publicize the seizing of her bank account and her subsequent communication with the Cyber Crime.
India’s recent completion of its first blockchain-enabled letter of credit transaction on the Contour Network marks a significant milestone in the digitization of trade finance processes. The transaction, valued at $3 million by Citibank, is expected to reduce transaction time and costs for clients, paving the way for more efficient
