OKX eyes local talents as it plots entry into India
OKX plans to grow in India's Web3 sector by hiring local developers for custom wallet solutions and fostering collaboration with the local Web3 community to boost market share.
OKX plans to grow in India's Web3 sector by hiring local developers for custom wallet solutions and fostering collaboration with the local Web3 community to boost market share.
The "Transforming Public Utilities: Blockchain Use-Cases over Digital Infrastructure Aligning G20 Agenda" conference brought together experts, leaders, and enthusiasts in blockchain space.
Indian digital currency exchange Coinswitch is diversifying its financial products in an attempt to remain afloat, a move initiated following the termination of 8% of its workforce.
Reliance's Jio Financial Services to enter digital rupee space with blockchain and CBDCs ahead of India's CBDC launch.
India's Prime Minister Narendra Modi calls for global digital currency regulation at the yearly G20 summit and wants global regulators to be focused on adoption and a unified approach to regulation.
To unlock the benefits of blockchain, governments, businesses, and stakeholders must collaborate to address regulatory challenges, invest in infrastructure, and promote digital literacy.
New Delhi's FSL pioneers blockchain for forensic evidence integrity, enhancing transparency in criminal investigations, and utilizing QR codes to safeguard tamper-proof data.
As more countries jump on the CBDC bandwagon, experts are now scrutinizing the benefits and pitfalls of this tech and whether it could promote financial inclusion or a ploy to control the market.
Despite the potential of blockchain, its adoption rate in areas like Central and South Asia has yet to reach its full potential due to scalability, regulation, awareness, and governance challenges.
India has strived to become a robust economy, and as it prepares to celebrate its 100th Independence Day, the country is now pushing to become a major player in the global blockchain sector.
Indians will be able to verbally instruct an AI-boosted UPI payments interface to make instant payments for them, in Hindi and English initially, according to the central bank.
The IWBDC will integrate Web3 technology and will soon allow users to digitally sign documents using a token, which would benefit not only ordinary users but disabled individuals as well.