Blockchain & crypto news from India
The emergence of digital gold as a prominent alternative investment has the potential to profoundly transform the financial industry. Gold has a rich historical significance as a globally recognized currency and a traditional hedge against inflation. Its appeal as an investment in commodities has been enduring, often surpassing other asset classes like equities or foreign exchange, especially within…
Day To Day Hypermarket, an esteemed discount mart in the United Arab Emirates, has initiated a new alternative payment mode with cryptocurrencies, which is the next step into the future of crypto.
On Monday, the Dubai Media Office said that the Dubai World Trade Centre (DWTC) will become a crypto zone and regulator for other virtual assets and cryptos. It is a part of the efforts to lure new business as regional economic competition rises. According to the statement, DWTC’s stance to develop a specialized zone for…
Tata Steel has accomplished a blockchain-enabled paperless export order with Bangladesh’s metal major. This is the first such transaction accomplished between a counterparty in Bangladesh and an India-based firm. Primarily, Tata Steel, in a global first for the steel industry, had utilized a blockchain platform launched by HSBC to accomplish a trade finance deal with…
Dubai will host a grand event that is being cited as the largest crypto-event to date. According to a press release, the CED2021: Crypto Expo Dubai is set to host above 3,000 delegates from October 13 – October 14. The event is focusing on prompting discussions around the growth of crypto in Africa and the…