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India

India to deploy blockchain for railway system ‘tamper-proof’ signaling
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9 July, 2023

India to deploy blockchain for railway system ‘tamper-proof’ signaling

Blockchain could potentially improve India’s railway processes, given its transparency and tamper-proof nature, according to IIT-Kharagpur Professor Aurobinda Routray.
Digital currency not going anywhere in India with 37% looking at it as ‘future of money’
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8 July, 2023

Digital currency not going anywhere in India with 37% looking at it as ‘future of money’

A report conducted by Consensys and YouGov showed that 37% of Indian respondents believe that digital currency is the "future...
India: 6 potential risks of stablecoins for developing economies, according to central bank
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6 July, 2023

India: 6 potential risks of stablecoins for developing economies, according to central bank

The risks enumerated by the Reserve Bank of India include currency threat of currency substitution, circumvention of capital flow controls,...
India central bank turns to cross-border functionality despite advocating for cautious CBDC development
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5 July, 2023

India central bank turns to cross-border functionality despite advocating for cautious CBDC development

The Reserve Bank of India is keen on experimenting with multiple CBDC use cases outside the purview of domestic payments,...
India’s Pune taps blockchain for property registration after year-long pilot
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22 June, 2023

India’s Pune taps blockchain for property registration after year-long pilot

The Indian city of Pune is in the last leg of adopting blockchain technology in an attempt to counter fraud...
Reserve Bank of India targets 1M CBDC users before end of June 2023
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15 June, 2023

Reserve Bank of India targets 1M CBDC users before end of June 2023

To prevent shocking its financial system, the central bank says it will take a "calibrated approach" in launching the digital...
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