New Delhi, April 8 (IANS) The rapid rise of crypto-hawala is emerging as a serious concern for security and enforcement agencies, with digital channels increasingly replacing the traditional hawala system that relied on personal trust and informal networks.While the purpose of such transactions remains unchanged, concealing the origin and destination of funds, the method has shifted to technology-driven platforms that make transfers appear routine and harder to detect. Officials say this transit…
Latest Blockchain News & Updates
Washington, April 2 (IANS) Indian Overseas Congress chief, Satyanarayan Pitroda, popularly known as ‘Sam’, on Thursday welcomed the BJP-led NDA government’s announcement that Naxalism has almost been eradicated from India. However, he asserted that it is essential to understand the “root cause of Naxalism”.Speaking to IANS, Pitroda also said that while he has “trust deficit” with the current electoral process in India, in the future, voting will take place on mobile phones using blockchain and A…
Mumbai, March 28 (IANS) Chief Minister Devendra Fadnavis on Saturday emphasised that all government departments must function based on the three pillars of transparency, strict timelines, and reliability to ensure citizens receive the benefits of all schemes through a single platform and to achieve the goal of a “Viksit Maharashtra.” He was speaking during a ceremony organised to honour excellence under the “150‑Day E‑Governance Reform Programme.” Heads of departments and serv…
Washington, March 19 (IANS) India has emerged as a leading force in the application of artificial intelligence and is third in core AI creation after the United States and China, Indian-origin scientist Dr Taraknath Woddi said, pointing to the country’s growing strengths and untapped potential in the sector.“Very bluntly, in terms of AI application usage, India is among the top in the application,” Woddi told IANS in an interview. “Usage of the application, India would come at the top of…
United Nations, March 3 (IANS) US First Lady Melania Trump sent aloft the idea of “a single digital nation-state” as she became the first spouse of a sitting head of a country to wield the gavel at the Security Council. “Is a single digital nation-state inevitable?” she asked in her speech before the Council on Monday.“Perhaps this idea isn’t so far-fetched since digital currency and payment systems via blockchain, plus AI’s massive factual database is already revolutionising media a…
New Delhi, Feb 27 (IANS) Prime Minister Narendra Modi on Friday said that this year’s Union Budget lays the road map for a ‘Viksit Bharat’ — driven by technology, reforms and finance — and all the stakeholders need to collectively ensure that reforms reach the grassroots level.Addressing a post-Budget webinar, PM Modi urged the stakeholders to transform reforms into solid results, suggesting to create a charter involving the government, industry, financial institutions and academia to achi…
New Delhi, Feb 18 (IANS) A significant milestone in the country’s energy sector was marked on Wednesday as the PowerXchange App was showcased live and the Interstate Peer-to-Peer (P2P) Energy Trading Platform was officially launched at the India Energy Stack Pavilion during the Global AI Summit.Union Power Minister Manohar Lal was shown the app, demonstrating how consumers and prosumers can trade surplus solar energy seamlessly. Earlier, the platform was demonstrated live before Prime Minister N…
New Delhi, Jan 22 (IANS) Stressing the need for systemic reforms to curb property-related litigation and forgery, the Supreme Court has suggested to the Centre and state governments across the country that land records and registered documents be digitised using secure, tamper-proof technologies such as blockchain. The suggestion came from a bench of Justices Rajesh Bindal and Manmohan, while allowing a civil appeal and restoring a lower appellate court’s judgment that upheld the validity of a…