Blockchain in india news

Here are some recent news and updates on blockchain in India:

Government Initiatives:

  1. Blockchain-based Digital Identity: The Indian government has launched a blockchain-based digital identity system, called "Aadhaar", which aims to provide a secure and decentralized way to verify identities.
  2. Blockchain-based Land Records: The government has announced plans to digitize land records using blockchain technology, aiming to reduce corruption and increase transparency.
  3. Blockchain-based Healthcare: The government has launched a blockchain-based healthcare platform, called "e-Hospital", which aims to provide secure and efficient healthcare services.

Startups and Companies:

  1. WazirX: A popular Indian cryptocurrency exchange, WazirX, has been acquired by Binance, a global cryptocurrency exchange.
  2. CoinDCX: Another Indian cryptocurrency exchange, CoinDCX, has raised $13.5 million in funding from investors, including Binance.
  3. Zebpay: A popular Indian cryptocurrency exchange, Zebpay, has shut down its operations due to regulatory issues.

Regulatory Updates:

  1. Cryptocurrency Ban: The Indian government has banned cryptocurrency trading, citing concerns over money laundering and terrorist financing.
  2. Cryptocurrency Regulation: The government has proposed a new bill to regulate cryptocurrency trading, which aims to create a framework for the industry.
  3. Taxation: The government has introduced a 30% tax on cryptocurrency gains, effective from April 2022.

Other News:

  1. Blockchain-based Supply Chain: A blockchain-based supply chain platform, called "ShipChain", has been launched in India, aiming to increase transparency and efficiency in the logistics industry.
  2. Blockchain-based Education: A blockchain-based education platform, called "EdChain", has been launched in India, aiming to provide secure and decentralized education services.
  3. Blockchain-based Finance: A blockchain-based finance platform, called "Fintech", has been launched in India, aiming to provide secure and efficient financial services.

Recent Events:

  1. Blockchain Summit India: The Blockchain Summit India was held in Mumbai, featuring keynote speakers from leading companies and startups.
  2. Blockchain Conference India: The Blockchain Conference India was held in Bengaluru, featuring panel discussions and workshops on blockchain technology.
  3. Blockchain Awards India: The Blockchain Awards India were held in Delhi, recognizing outstanding achievements in the blockchain industry.

These are just a few of the recent news and updates on blockchain in India. The country is rapidly emerging as a hub for blockchain innovation and adoption, with many startups, companies, and government initiatives driving growth in the industry.