Tag: Blockchain Technology

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India must harness blockchain through progressive regulation and ensure this tool plays an important role in transforming economy and improve standards of living in the country. Discuss.

Topic: Awareness in the fields of IT, Space, Computers, robotics, Nano-technology, biotechnology and issues relating to intellectual property rights. 5. India must harness blockchain through progressive regulation and ensure this tool plays an important role in transforming economy and improve standards of living in the country. Discuss. (250 words) Difficulty level: Easy Reference: Insights on …

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[Video] InstaGS – a new Initiative with Gist of Content in short and effective clips for better retention | Topic: NFTs

  InstaGS is a new initiative of Insights IAS to make the GS preparation better. Important issues are released as short clips which would help in better retention with effective keywords which would serve as fodder for Mains as well as would help in identifying and elimination of options in Prelims Exam. Follow us on …

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SC asks Centre to clarify on legality of cryptocurrency:

GS Paper 3: Topics Covered: Awareness in the fields of IT, Space, Computers, robotics, nano-technology, bio-technology and issues relating to intellectual property rights.   Context: The Supreme Court has asked the Centre whether dealing with cryptocurrencies like bitcoin is legal in India. The Court posed the query while hearing a plea by one of the …

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What are NFTs?

GS Paper 3: Topics Covered: Developments in Science and Technology.   Context: NFTs are gaining massive popularity now because they are becoming an increasingly popular way to showcase and sell your digital artwork. Billions of dollars have been spent on NFTs since its inception—which date backs to 2015.   What are NFTs? An NFT is …

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RBI wants full ban on crypto, legal experts say it is too late:

GS Paper 3: Topics Covered: IT and related issues.   RBI wants full ban on crypto, legal experts say it is too late: Context: On Christmas Eve in 2013, the Reserve Bank of India (RBI) had issued a note cautioning Indians about financial, legal and security risks of cryptocurrency. It came four years after the …

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New Crypto Bill:

GS Paper  3: Topics Covered: Awareness in the fields of IT, Space, Computers, robotics, nano-technology, bio-technology and issues relating to intellectual property rights.   New Crypto Bill Context: The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021 will introduce in the winter session of Parliament.   Key Provisions: It seeks to regulate cryptocurrency and ostensibly …

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