[ad_1]
The India & # 39; s Times Group invested in a Ponder blockchain startup
RBI postponed its plans to launch a permanent digital rupee
A study revealed that Japan leads other Asian countries in terms of the adoption of blockchain
Last year, Unicef selected six blockchain startups to help its various humanitarian efforts. One of these was Statwig, a company based in Hyderabad that focuses on blockchain solutions for the cold chain industry. Statwig was chosen by Unicef to transform its $ 1.64 Bn global vaccination program, which delivers 45 percent of all vaccines worldwide, in a blockchain-based system.
"If we can deploy on this scale, we will demonstrate that technology is secure, scalable and ready for business," said Statwig founder Siddharth Chakravarthy. Inc42.
Previously, the company used its technology in a project with the Government of Andhra Pradesh to improve the monitoring of the supply chain of fish products in the coastal state. If you want to read the full story of how Ravi Kumar and Chakravarthy of Statwig have tracked seafood with the blockchain, click here.
Last year, the blockchain came to the fore from the shadows of the cryptocurrency due to the deep evaluation of Bitcoin. While Bitcoin is still the most sought-after word of 2018, many experts predicted that 2019 would be marked by a breakthrough blockchain. From banking transactions and accounting solutions to land registry documents, logistics and supply chains, developers are inventing new blockchain technology applications every day.
That said, here are the latest blockchain news from India and from around the world:
Blockchain News from India
Times Group invests in Blockchain Startup
India's largest media company, The Times Group, has invested in the Ponder startup blockchain. The amount of investment is not revealed.
Ponder creates blockchain-based game apps to generate referrals. Ponder's apps are designed to make referrals enjoyable for work, business and even romance – anywhere a friend's judgment can be valuable. When a reference leads to success, the person making the referral is rewarded financially.
"We consider the Ponder platform as a means of" scalable human intervention "on a truly global scale!" Said Sam Subramaniam, CEO, Brand Capital, Times Group's strategic investment arm.
Another arrest line for Crypto-Assets In India
On December 28, the Indian parliament was informed that the government is in no hurry to finalize the rules or even set a deadline for the task.
"In the absence of a globally acceptable solution and the need to develop technically feasible solutions, the department is taking the matter with due caution, it is difficult to establish a specific timeline to provide clear recommendations," said Pon Radhakrishnan, Minister of State for finance, at the Lok Sabha, the lower house.
In response to the question of legality, the minister wrote: "The government has not recognized cryptocurrencies as legal tender money.The question of permission to negotiate in cryptocurrencies is currently being examined by an inter-ministerial committee".
RBI Postpone & # 39; Crypto Rupee & # 39; Plans
On January 1, a media report said the Reserve Bank of India has suspended its plans to develop a digital currency. The Indian central bank announced for the first time its plans for the launching of a digital currency of the Central Bank (CBDC) in April 2018.
"The government no longer wants the digital currency, he thinks it's too early to think about a digital currency," Hindu Business Line cites an unidentified source.
Blockchain News from around the world
The producers of TRON watch the game Blockchain in 2019
The developer Blockchain TRON has signed an agreement with Game.com, an online gaming platform focused on the content of the blockchain game. In the partnership, Game.com will launch several titles on the TRON blockchain, which will allow players to use TRON for TRON cryptocurrency for the purchase of various game elements.
Justin Sun, the founder of TRON, said: "Inside the TRON project, online gaming is an important link: our partnership with Game.com will further strengthen our position as a leader in Internet 4.0 and will allow us to to add value to the application and to the development of blockchain ".
Japan leads Asia in the acceptance of Blockchain
A famous digital marketing group, Cyberius said in a study that Japan is far ahead of other countries in terms of adopting Blockchain and Cryptocurrency. The study cited the passage of government law in May 2016, which refers to the digital currency as a currency.
Currently more than 3.5 million individuals in Japan trade in cryptocurrencies and judge cryptocurrencies as their current resources.
Blockchain technology is currently at a crucial stage. It has not only captured the imagination of financial liberals who see technology as a facilitator of financial transactions free from banks, but also multinational companies that hope to replace outdated management software. Ten years after its foundations were established by the frantic Satoshi Nakamoto, the blockchain is now set for an exciting year to come.
[ad_2]Source link
