Bitcoin & Cryptocurrency in India: The Rich Orphan


In our last article we highlighted evolving challenges of cryptocurrency in India and the lack of regulatory clarification on the same. Ironically while warnings from RBI and GoI had only limited impact, another step of GoI (demonetization) caused a huge spur in bitcoin investments. Mohit Kalra, cofounder of Coinsecure, noted…

Read More...

Blockhain Enabling e-Governance. The Story of Indian States!


While we await the impending decision of the Gov & RBI on regularizing the bitcoin (Click for full story), it is time to share some of the exciting stuff going around blockchain in India. For a change, we are now seeing a very healthy collaboration developing between a few state…

Read More...

Blockchain hits India shore: Bitcoin In India, A Story Still Unfolding!


Till date (from our original article to Part 5), we have seen interesting & exciting use cases being espoused by IDRBT and being developed by multiple Indian banks, starting from smaller banks like Yes Bank to big conglomerate approach by SBI for its ‘Bankchain’ platform). We are now seeing some…

Read More...

Blockchain hits India shore: Part 5


In our last update on blockchain (Part 4), we updated on the consortium that SBI & 14 other banks were working on to develop interbank use cases for blockchain technology. Now we have more news coming in. The overall roadmap seems to be with a focus on ‘addressing fraud’. Growing…

Read More...

Blockchain hits India shore: Part 4


Hopefully you have followed our story on Blockchain in Part 1, Part 2 and Part3. In our last communiqué we spoke about key summary outcomes/ recommendations of the RBI appointed, IDRBT led blockchain POC in India. One of the important points, the whitepaper raised, was on utility of consortium. We…

Read More...

Blockchain hits India shore: Part 3


Hopefully you have followed our story on Blockchain in Part 1 & Part 2 as well. What started with ICICI Bank and Yes Bank; now seems to have taken a major systemic push with IDRBT releasing its report on blockchain applicability for Indian banking post their POC (proof of concept)…

Read More...

Blockchain hits India shore: Part2


Following quickly on the footsteps of ICICI Bank (Blockchain hits India shore), Yes Bank announced its foray into blockchain. While ICICI started with remittance & trade finance, which is a known use case for blockchain usage in banking (esp in international banking), Yes Bank has implemented it for short term…

Read More...