Microsoft’s Security Endpoint Threat Report 2019– India’s Cyber-security structure

Recently, Microsoft released its Security Endpoint Threat Report 2019 that covered statistics on cyber threats and resilience around the Asia-Pacific (‘APAC’) territory. It captured data from developed and developing countries, with results showing that developing nations are more vulnerable to threats despite a fall in their overall encounter rates. APAC has a more-than-average encounter rate … Continue reading Microsoft’s Security Endpoint Threat Report 2019– India’s Cyber-security structure

What is DeFi and what it implies?

DeFi, or simply put decentralised finance is based on blockchain to provide a transparent ecosystem for an open and a decentralised banking. The first-ever cryptocurrency, bitcoin was invented amidst the biggest financial crisis for the purpose of decentralised finance. The notion was to create an alternative to traditional finance where trust is placed in the … Continue reading What is DeFi and what it implies?

India’s Blockchain Framework -Where do we stand right now?

Recently, Prime Minister Modi in his address at the India Ideas Summit by the US-India Business Council highlighted blockchain to be an ‘opportunity in frontier technology’ and the country being a haven for investors around the globe. As this news provides a sense of revived hope in terms of how blockchain and cryptocurrencies would look … Continue reading India’s Blockchain Framework -Where do we stand right now?

Blockchain roadmap for Australia- What can India learn?

The Government of Australia has always had a positive attitude towards cryptocurrencies and blockchain. Earlier this year, the Australian Supreme Court had also ruled on the classification of cryptocurrencies as property. To take decentralised empowerment forward, the Department of Industry, Science, Energy and Resources in Australia had released the National Blockchain Roadmap (‘Roadmap’) for public … Continue reading Blockchain roadmap for Australia- What can India learn?

Singapore’s new blockchain based international settlements platform

Singapore has always been advanced in adopting substantial policymaking in the fintech ecosystem. From the adoption of blockchain in governance to regulating cryptocurrencies, Singapore has provided itself to be a competitive market for disruptive technologies and fintech. Recently, the Monetary Authority of Singapore (‘MAS’), on July 13, 2020, announced that its blockchain-based currency payment network, named Project … Continue reading Singapore’s new blockchain based international settlements platform

Application of Blockchain in the Tourism Industry

In the current #Covid19 pandemic situation, #tourism industry has taken an extreme strain. The implementation for safe harbour for tourists and tracking of previous travels shall be the focus point of the governments, once #crossborder travel is safe again. The ever-increasing interest in #blockchain has led to its research and implementation in diverse areas and the potential still remains untapped. The authors have taken real time examples inspired by Microsoft's development of #digitalidentity with Mastercard, Winding Tree's initiative to integrate a marketplace on blockchain, opportunity created by #TravelChain for users to monetise their own data and last the initiative taken by the Office of the Minister, Government of Thailand to create a blockchain based mechanism for issuing #visa in collaboration with #ShareRing and #OneID. In this discussion paper, the authors have covered various use cases of blockchain in the tourism industry. Do let us know your comments and inputs.

PayPal to Facilitate Direct Selling of Cryptocurrencies

With the regulators getting more involved and the crypto market becoming less volatile, more fintech entities have been entering the sphere of facilitating trading cryptocurrencies. PayPal, one of the largest fintech organisations, had collaborated with CoinBase to offer ‘withdrawal to fiat currency’ services to its users which were operable in the United States, European countries, … Continue reading PayPal to Facilitate Direct Selling of Cryptocurrencies

Ripple’s Policy Project Towards a Governing Framework for Digital Assets

In an effort to provide recommendations to Indian policymakers, Ripple, a US-based technology company popularly known for its involvement in using blockchain for international fund transfer, released a policy paper titled ‘The Path Forwards for Digital Assets Adoption in India’ (the policy paper).[1] Ripple has been at the forefront for providing comments or recommendations to financial institutions … Continue reading Ripple’s Policy Project Towards a Governing Framework for Digital Assets

Sweden to adopt its own Cryptocurrency

Libra has been advancing towards its introduction into global markets and is acting as a catalyst for nations to adopt their own cryptocurrencies or Central Bank Digital Currency (CBDC). Sweden has become an addition to nations which are developing their electronic version of cash. Sweden is also set to become the world’s first cashless economy … Continue reading Sweden to adopt its own Cryptocurrency

Do regulations lead to trust in Digital Assets?

Cryptocurrencies were designed to be ‘trustless’ currencies as the economy was in turmoil, and people were looking for an alternate source of investing and exchange mechanisms. However, more than a decade later, the question remains, how many of us have actually placed our trust in the functioning of cryptocurrencies. Comprehensive regulations certainly help in expanding … Continue reading Do regulations lead to trust in Digital Assets?