The first domestic blockchain project began few months ago, aimed at preventing frauds
The adoption of technology is expected to save financial institutions over $40 billion per year in infrastructure, IT, operational, third-party fee, and administrative personnel costs
The blockchain solution puts creators back in control of their creation
A new technology will soon check the entry of fake pharmaceutical products into the supply chain, report Debasis Mohapatra and Sohini Das
Chandanani says it is important for companies to create a governance framework for their blockchain platforms
The Telangana State Information Technology, Electronics and Communication department (ITE&C) today signed an MoU with Tech Mahindra to launch India's first Blockchain district here. It will be a centre of excellence, an incubator and process development for the emerging technology with innovative infrastructure and facilities to foster growth of Indian blockchain start-ups and companies, Tech Mahindra CEO and managing director CP Gurnani said at the International Blockchain Congress 2018 here. Tech Mahindra as a founding member of the blockchain district will provide the platform and technology assistance to all the incubators in it, he said. Tech Mahindra will also empower accelerators to develop and solve market problems across its global customer ecosystem. Further, the Telengana ITE&C Department will provide regulatory and policy support to enable and promote Blockchain growth both in India and globally. The launch of the Blockchain district is a moment in ..
Yogi Adityanath government intends to implement the blockchain technology in other departments as well
Tech Mahindra Ltd will set up a Blockchain centre within its research & development arm 'Makers Lab' at its Hyderabad facility in order to facilitate co-innovation in the space, developing enterprise grade solutions for customers across industries globally. The company said it has launched the Tech Mahindra BlockGeeks programme in its Hyderabad campus to facilitate competency in the field of Blockchain Technology. In its first phase, the company will up-skill a batch of 20 eligible candidates to make them Blockchain-ready and will gradually roll out the programme globally. Under the TechM BlockGeeks, eligible candidates will undergo comprehensive training in the lab post which they will be required to set up code, create smart contract and build solutions, thereby gaining technical proficiency in Blockchain technology, it said in a statement. Global Practice Leader, Blockchain, Tech Mahindra, Rajesh Dhuddu said, "We are targeting around 3000 blockgeeks to be trained .
Blockchain technology is based on distributed storage of data
Blockchain can actually ensure that the delivery of food is completely transparent across the supply chain, said Devery founder
Funded with Rs 334-millon by cyber security agency for blockchain platform
he cost of moving goods across continents could drop dramatically, adding fresh impetus to relocate manufacturing or source materials and goods from overseas
The question is - how can we make this data available to everyone without duplication of documents and wastage of time and resources?
Markets in commodities from crude oil to diamonds and even tomatoes are looking at using the digital ledger technology that underpins cryptocurrencies like Bitcoin
With Blockchain and DLT, we can build a trusted system with decentralised cryptography
Bitcoin has since become the preferred currency not only of libertarians and speculators, but also of criminal hackers
The electronic ledger can improve transparency
Touted as a key technological innovation of the digital cryptocurrency Bitcoin
The Securities and Exchange Board of India (Sebi) is exploring how blockchain technology could be used in the stock market. Blockchain is a digital ledger technology, gaining popularity worldwide in the supply chain industry and for financial transactions. The technology is considered the backbone for use of crypto currencies such as Bitcoin.According to sources, information technology major IBM, one of the pioneers of blockchain, gave a detailed presentation to Sebi on how the system could be put to use in stock markets. The meeting was attended by top Sebi officials. They were briefed on how blockchain could improve efficiency and transparency in the stock markets, sources add."While the market regulator is yet to decide, the meeting suggests Sebi could be open to the idea, in a gradual manner. Sebi is tracking how the technology is being used in markets globally," said a source.Several global exchanges, including the NYSE and Deutsche Borse, have tested and adopted the technology. .
A total of 10 companies will share data, run trials with IBM