Tag: S&T_2

Cryptocurrency in India – Lessons from other Countries

Synopsis: No legal classification of cryptocurrency in India should not be the reason for its ban. There are some international examples, from where India can adopt some ways to deal with Cryptocurrencies. Contents1 Introduction 2 How has India responded to the crypto business so far?3 What are the lessons that India could learn from other countries?4… Continue reading Cryptocurrency in India – Lessons from other Countries

Factors Affecting Growth of Block Chain technology in India

Synopsis:  There are many positive benefits in utilising blockchain technology. However, regulatory uncertainties in Policymaking have impeded the growth of Blockchain technology in India. Contents1  Background2 Why India is hesitant to accept cryptocurrencies?3 What is the significance of Blockchain technology?4 Way forward  Background Satoshi Nakamoto created the most popular cryptocurrency, Bitcoin, in 2008, as a… Continue reading Factors Affecting Growth of Block Chain technology in India

National AI Portal (INDIAai) celebrates its first anniversary

Contents1 2 What is the News?3 About National AI Portal:4 Other Artificial Intelligence(AI) Related Government  Initiatives: What is the News? The ‘National AI Portal’ celebrated its first anniversary on May 28, 2021. About National AI Portal: Firstly, the National AI Portal was launched in May 2020. It is a joint initiative by the Ministry of… Continue reading National AI Portal (INDIAai) celebrates its first anniversary

Defence Minister launches “SeHAT OPD portal”

What is the News? The Defence Minister has launched the ‘Services e-Health Assistance & Tele-consultation (SeHAT) OPD portal. About SeHAT OPD portal: Firstly, SeHAT OPD Portal aims to provide tele-medicine services to the serving Armed Forces personnel, veterans and their families of the three Services. Secondly, the services will be provided by defence services doctors… Continue reading Defence Minister launches “SeHAT OPD portal”

Union Minister launches “NMMS app” and “Area officer monitoring App”

Contents1 2 What is the News?3 About NMMS (National Mobile Monitoring Software) app :4  About Area Officer Monitoring App:5 About MGNREGA: What is the News? The Union Minister of Rural Development has launched the NMMS (National Mobile Monitoring Software) app and Area Officer Monitoring App. About NMMS (National Mobile Monitoring Software) app : NMMS App… Continue reading Union Minister launches “NMMS app” and “Area officer monitoring App”

IIT-M team develops “Blocktrack app” for healthcare information system

Contents1 2 What is the News?3 About Blocktrack App:4 Features of the Blocktrack App: What is the News? Researchers at the Indian Institute of Technology-Madras have developed a mobile app named “Blocktrack app”. About Blocktrack App: Blocktrack is a blockchain-based secure medical data and information exchange system for mobile phone applications. Purpose: The App aims… Continue reading IIT-M team develops “Blocktrack app” for healthcare information system

“Mayflower 400” – World’s First Artificial Intelligence Ship

What is the News? A team of researchers from the marine research organization ProMare in collaboration with IBM built the world’s first Artificial Intelligence(AI) ship named ‘Mayflower 400’.  About MayFlower-400: Mayflower 400 is an unmanned and completely autonomous ship. It is powered by Artificial Intelligence and the Sun’s energy via solar panels. Purpose: Main aim… Continue reading “Mayflower 400” – World’s First Artificial Intelligence Ship

Future of Cryptocurrencies in India

Synopsis: The Government is planning to ban all private cryptocurrencies in India while supporting an RBI-backed cryptocurrency. Background: The proposed Cryptocurrency and Regulation of Official Digital Currency Bill, 2021 bans all private cryptocurrencies.  It lays down the regulatory framework for the launch of an “official digital currency”.  Further holders of private cryptocurrencies will have a 3-6… Continue reading Future of Cryptocurrencies in India

Introducing National Digital Currency in India – Explained, Pointwise

Contents1 Introduction2 What is the CBDC or National Digital currency?3 National Digital Currency in India4 Challenges with non-state digital currency5 Advantages of a CBDC6 Challenges/issues with CBDC7 What is the way forward? Introduction There is uncertainty over the legal status of digital currencies in India. An unofficial estimate mentions that Indian investors holding around $1.5… Continue reading Introducing National Digital Currency in India – Explained, Pointwise

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