With the help of the Indian Institute of Technology, Chennai, the Election Commission (EC) of India is developing a blockchain voting system for 900 million eligible voters in India. This will enable Indians to vote from any corner of the world and increase the voter turnout ratio. The recent Delhi elections had a voter turnout of just over 50%. Many people think that the voting day being a Saturday caused the 17 percentage point deduction from the last year’s turnout. The Chief Election Commissioner of India, Mr. Sunil Arora addressed the issue when he was present at the Times Now Summit
Like many other countries, cryptocurrency is also fighting a survival war in India. Indian Police, according to a local new media outlet, are forbidding people to deal with cryptocurrency and anything related to digital assets. According to the UN report, India will become the most populous country in the world by 2027. Being a country …
That’s right! You no longer need a payment card to withdraw cash in #India. ICICI Bank has launched a cardless cash withdrawal service, where customers can withdraw cash using the iMobile app on their mobile devices.
While the Indian Supreme Court hears arguments regarding a ban on banking services for crypto business, the prime minister awarded a crypto app developer.
Hundreds of customers went on a withdrawal spree after an Indian bank announced its revised KYC requirements. The bank’s action followed the decision by the Reserve Bank of India (RBI) to include the National Population Register letter as a valid KYC document for opening bank accounts. Customers are worried their funds could be frozen.