Indian government is “evaluating” the possibility of issuing a state-backed cryptocurrency, sources have told local news outlet Quartz India on Wednesday, Oct. 10. An unnamed “senior official” has told Quartz that the government has set up a panel that will discuss questions regarding cryptocurrencies and blockchain. While, according to Quartz’s source, the government is looking Read More →

For India to realize its goal of a $5 trillion economy by 2025, it must adopt blockchain technology for international remittances. Remittances from non-resident Indians (NRIs) are vital to the everyday livelihood of tens of millions of people in India to pay for things like food, rent, and other necessities. They also make up a Read More →