Blockchain & crypto news from India
The tur dal produced in the Tandur region of Telangana (Tandur Redgram) recently acquired the coveted GI or Geographical Indications tag of India. GI tags are a sign of authentic sourcing of the product from its famous region and an indication of quality. For example, the “gamcha” made in Assam got a GI tag, and…
Telangana is taking regular steps to prepare the state for Web3 blockchain services, the new integration of the internet and world wide web with blockchain technologies, where users will own their identities and data. The state officials have recently launched a sandbox, an experimental, live platform to test and explore Web3 products and solutions in…
India recently imposed a string of taxes on crypto-transactions, but the industry looks positively on the near prospects of adopting blockchain. The finance minister Nirmala Sitharaman recently addressed the FICCI event and stated that the new few years will see a rise of blockchain adoption. The increase is estimated at around 46% as per the…