Shipping Minister launches ‘MyPortApp’ for digital monitoring of port operations

What is the news?  Union Minister for Ports, Shipping and Waterways launched a port mobile application called “MyPortApp” in Kolkata today.  Also, inauguration of a 1 Mega Watt solar plant in Haldia port to produce renewable energy for port operations.  What are some key features of the “MyPortApp”? The App includes all port details digitally and monitor operations virtually, is aimed to promote… Continue reading Shipping Minister launches ‘MyPortApp’ for digital monitoring of port operations

Launch of I-Sprint’21: IFSCA’s Global FinTech Hackathon Series Sprint01: BankTech

What is the news?  I-Sprint21, the global FinTech Hackathon Series of IFSCA was launched recently, where the first Sprint of the series “Sprint01: BankTech” is focussed on FinTechs for the Banking sector.  Sprint 01: BankTech is hosted jointly by IFSCA and GIFT city in collaboration with NITI Aayog. In Union Budget 2020-21 finance minister envisaged on supporting a “World Class FinTech Hub” at GIFT IFSC.  What is Sprint01: BankTech hackathon? Under… Continue reading Launch of I-Sprint’21: IFSCA’s Global FinTech Hackathon Series Sprint01: BankTech

The use of NFTs by cyber games can explain their utility

Synopsis: NFTs provide the assurance of immutability and guarantee of uniqueness. However, most of the cutting-edge innovation in NFTs are taking place in the gaming space. Introduction When a person purchases the non-fungible tokens (NFT) of a work of digital art, he is not buying the artwork itself. He is just purchasing a record on… Continue reading The use of NFTs by cyber games can explain their utility

Swooping down on algorithms

Synopsis: China’s draft rules on regulating recommendation algorithms address pressing issues. Lessons for India. Introduction China has pursued aggressive measures in its tech sector in the past few months. A host of legislative instruments are in the process of being adopted, including the Personal Information Protection Law, the Cybersecurity Law, and the draft Internet Information… Continue reading Swooping down on algorithms

5G spectrum auction to allot airwaves may not happen before 2023

What is the news? According to internal consultations in the Department of Telecommunications (DoT), the 5G spectrum auctions will be held in the last quarter of the financial year 2022-23 (FY23). The 5G auction would include 3,300 MHz to 3,600 MHz bands along with the milimetre waves. The base price for the 5G spectrum is around Rs 3.63 trillion.… Continue reading 5G spectrum auction to allot airwaves may not happen before 2023

Cybersecurity can be made agile with zero-shot AI

Synopsis: Zero shot AI model can help to develop a robust and adaptive cybersecurity defence against new attacks. What makes AI a reliable tool in cybersecurity? The ability to learn from large volumes of data and find patterns of abnormal behaviour makes AI and particularly machine learning (ML) attractive in cybersecurity. ML algorithms can be… Continue reading Cybersecurity can be made agile with zero-shot AI

Regulatory limbo: Digital markets are fast expanding. We need an umbrella law for platforms

Synopsis: India needs to speed up its regulatory architecture in line with the pace of adoption of digital marketplaces. Introduction One consequence of lockdowns imposed across the world during COVID was the quickening pace of economic transactions shifting from physical to digital marketplaces. Eighteen months since the pandemic hit, societies have moved towards more engagements… Continue reading Regulatory limbo: Digital markets are fast expanding. We need an umbrella law for platforms

Software to help paramilitary forces in transparent postings

What is the News? The Central paramilitary forces are all set to soon implement a software-based rotational transfer policy between the hard and soft posting of their personnel.  What is Software Based Rotational Transfer Policy? In 2019, the Ministry of Home Affairs had asked the Central paramilitary forces to implement the software-based rotational transfer policy… Continue reading Software to help paramilitary forces in transparent postings

Banning Virtual Private Networks (VPNs) – Explained, pointwise

For 7PM Editorial Archives click HERE → Introduction A parliamentary standing committee on Home Affairs has urged the central government to block Virtual Private Networks (VPNs) in India. The recommendations come months after the central government liberalized the Other Service Providers (OSPs) sector by recommending the official use of VPNs, to facilitate the remote working ability for India’s massive… Continue reading Banning Virtual Private Networks (VPNs) – Explained, pointwise

Protect Digital India: About the challenges associated with banning VPNs

Synopsis: Understand the issues associated with banning VPNs. Introduction The Parliamentary Standing Committee on Home Affairs discovered that VPNs (Virtual Private Networks) might conceivably allow anonymous activity online. So, the committee recommended that the Ministry of Home Affairs collaborate with the Ministry of Electronics and Information Technology to develop a coordination mechanism to block VPNs.… Continue reading Protect Digital India: About the challenges associated with banning VPNs