Cryptocurrency in India – Lessons from other Countries

Synopsis: No legal classification of cryptocurrency in India should not be the reason for its ban. There are some international examples, from where India can adopt some ways to deal with Cryptocurrencies. Introduction  El Salvador became the first country in the world to adopt bitcoin as legal tender. This shows the rising global trend of… Continue reading Cryptocurrency in India – Lessons from other Countries

Factors Affecting Growth of Block Chain technology in India

Synopsis:  There are many positive benefits in utilising blockchain technology. However, regulatory uncertainties in Policymaking have impeded the growth of Blockchain technology in India.  Background Satoshi Nakamoto created the most popular cryptocurrency, Bitcoin, in 2008, as a fully decentralised, peer-to-peer electronic cash system. Since then, Bitcoins have seen phenomenal growth in market value. For instance,… Continue reading Factors Affecting Growth of Block Chain technology in India

National AI Portal (INDIAai) celebrates its first anniversary

What is the News? The ‘National AI Portal’ celebrated its first anniversary on May 28, 2021. About National AI Portal: Firstly, the National AI Portal was launched in May 2020. It is a joint initiative by the Ministry of Electronics and IT (MeitY), National e-Governance Division(NeGD) and NASSCOM. Secondly, Purpose: The portal works as a… Continue reading National AI Portal (INDIAai) celebrates its first anniversary

Defence Minister launches “SeHAT OPD portal”

What is the News? The Defence Minister has launched the ‘Services e-Health Assistance & Tele-consultation (SeHAT) OPD portal. About SeHAT OPD portal: Firstly, SeHAT OPD Portal aims to provide tele-medicine services to the serving Armed Forces personnel, veterans and their families of the three Services. Secondly, the services will be provided by defence services doctors… Continue reading Defence Minister launches “SeHAT OPD portal”

Need of Indigenous Semiconductor Manufacturing Facilities in India – Explained Pointwise

Introduction  The Covid-19 pandemic and the subsequent lockdowns are impacting the production of semiconductor chips across the globe. It is creating shortages for the buyers, such as the car manufacturers and consumer electronics manufacturers in India. This in turn has forced manufacturers to reduce their production levels thereby their profit potential is decreasing.  The Chip… Continue reading Need of Indigenous Semiconductor Manufacturing Facilities in India – Explained Pointwise

Union Minister launches “NMMS app” and “Area officer monitoring App”

What is the News? The Union Minister of Rural Development has launched the NMMS (National Mobile Monitoring Software) app and Area Officer Monitoring App. About NMMS (National Mobile Monitoring Software) app : NMMS App permits taking real-time attendance of workers at Mahatma Gandhi NREGA worksites along with geotagged photographs. Impact: This will increase citizen oversight… Continue reading Union Minister launches “NMMS app” and “Area officer monitoring App”

IIT-M team develops “Blocktrack app” for healthcare information system

What is the News? Researchers at the Indian Institute of Technology-Madras have developed a mobile app named “Blocktrack app”. About Blocktrack App: Blocktrack is a blockchain-based secure medical data and information exchange system for mobile phone applications. Purpose: The App aims to digitise healthcare information systems. At the same time the app will protect sensitive personal… Continue reading IIT-M team develops “Blocktrack app” for healthcare information system

“Mayflower 400” – World’s First Artificial Intelligence Ship

What is the News? A team of researchers from the marine research organization ProMare in collaboration with IBM built the world’s first Artificial Intelligence(AI) ship named ‘Mayflower 400’.  About MayFlower-400: Mayflower 400 is an unmanned and completely autonomous ship. It is powered by Artificial Intelligence and the Sun’s energy via solar panels. Purpose: Main aim… Continue reading “Mayflower 400” – World’s First Artificial Intelligence Ship

Future of Cryptocurrencies in India

Synopsis: The Government is planning to ban all private cryptocurrencies in India while supporting an RBI-backed cryptocurrency. Background: The proposed Cryptocurrency and Regulation of Official Digital Currency Bill, 2021 bans all private cryptocurrencies.  It lays down the regulatory framework for the launch of an “official digital currency”.  Further holders of private cryptocurrencies will have a 3-6… Continue reading Future of Cryptocurrencies in India

Introducing National Digital Currency in India – Explained, Pointwise

Introduction There is uncertainty over the legal status of digital currencies in India. An unofficial estimate mentions that Indian investors holding around $1.5 billion (Rs 10,000 crore) in digital currencies. The inter-ministerial committee (IMC) suggested a ban on private digital currencies, but it favors RBI-backed National Digital Currency or central bank digital currency (CBDC). The… Continue reading Introducing National Digital Currency in India – Explained, Pointwise

Measures to Create Safe Online Spaces For Children

Synopsis: This article explains the concerns about child safety in online spaces and suggests measures to create safe online spaces for children. Background The children of the current generation are exposed to a world that is increasingly powered by virtual reality and artificial intelligence (AI). For example, Alexa, YouTube wormholes, The Industrial revolution 4.0 has… Continue reading Measures to Create Safe Online Spaces For Children

“Inclusive Internet Index 2021” Released

What is the News? Inclusive Internet Index 2021 has been released. About Inclusive Internet Index, 2021 Facebook Commissions the Inclusive Internet Index, 2021, and The Economist Intelligence Unit will develop the index. Purpose: It seeks to measure the extent of accessibility and affordability of the Internet. Also, the internet should be able to enable positive social… Continue reading “Inclusive Internet Index 2021” Released

National Super Computing Mission(NSM)

What is the News? India is fast emerging as a leader in high-power computing with the launch of the National Super Computing Mission(NSM). About National Super Computing Mission(NSM): Firstly, the government launched the National Super Computing Mission in 2015. Secondly, the aim is to connect research and academic institutions to a Supercomputing grid all over the country.… Continue reading National Super Computing Mission(NSM)

CJI launches “SUPACE Portal”— AI-driven Research Portal

What is the News? The Chief Justice of India launches the Supreme Court’s “SUPACE Portal”. About SUPACE Portal: Full-Form: SUPACE stands for Supreme Court Portal for Assistance in Court’s Efficiency. Purpose: It is an artificial intelligence-based portal. It will make the research work easier for judges, thereby easing their workload. Key Features of the Portal:… Continue reading CJI launches “SUPACE Portal”— AI-driven Research Portal

MoU on “Blockchain-based Traceability Interface” for Indian Spices

. It What is the News? Spices Board India and UNDPs India’s Accelerator Lab signed a Memorandum of Understanding(MoU). The MoU aims to build a blockchain-based traceability interface for Indian spices. It will enhance transparency in the supply chain and trade. About blockchain-based traceability interface: Blockchain-based traceability interface will be integrated with the e-Spice Bazaar portal.… Continue reading MoU on “Blockchain-based Traceability Interface” for Indian Spices

POWERGRID Launches E-Tendering Portal “PRANIT”

What is the News? Power Grid Corporation of India Limited(POWERGRID) launched a portal named “PRANIT”. About PRANIT Portal: PRANIT is an e-Tendering Portal. It aims to make the tendering process more transparent through less paperwork and ease of operation. Significance: The portal is certified by Standardisation, Testing and Quality Certification Directorate(STQC), Ministry of Electronics and… Continue reading POWERGRID Launches E-Tendering Portal “PRANIT”

“US India Artificial Intelligence(USIAI) Initiative” launched

What is the News? Indo-U.S Science and Technology Forum(IUSSTF) launched the US-India Artificial Intelligence(USIAI) Initiative. About US India Artificial Intelligence(USIAI) Initiative: The initiative will serve as a platform for India and the United States(US) to cooperate on Artificial Intelligence(AI). Goals of US India Artificial Intelligence(USIAI) Initiative: Firstly, to strengthen US-India strategic partnership by focusing on… Continue reading “US India Artificial Intelligence(USIAI) Initiative” launched

Significance and Challenges of Artificial Intelligence(AI)

Synopsis: Artificial Intelligence(AI) has the potential to widen the social and economic divisions in society. That will lead to discriminatory outcomes at a global level. Introduction In the last ten years alone, AI has seen exponential growth. AI-based systems are now defeating human champions in games and decoding complex proteins in labs. But the exponential… Continue reading Significance and Challenges of Artificial Intelligence(AI)

ISRO, MapmyIndia to develop India’s “indigenous mapping portal”

What is the News? Indian Space Research Organisation (ISRO) and MapmyIndia announced a collaboration. They will launch an indigenous mapping portal and geospatial service. It will be an Indian alternative to Google Maps. Read about new Geospatial policy About collaboration on indigenous mapping portal and geospatial service: MapmyIndia is one of India’s oldest players in… Continue reading ISRO, MapmyIndia to develop India’s “indigenous mapping portal”

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What is “Sandes” platform?

What is the News? National Informatics Centre(NIC) launched an instant messaging platform called Sandes. About the Sandes platform: It is an instant messaging platform like WhatsApp. It was previously named Government Instant Messaging System(GIMS). The platform can be used for all kinds of communications by anyone with a mobile number or email id. Initially, the platform… Continue reading What is “Sandes” platform?

“5G Technology” roll-out in India

What is the News? The Standing Committee on Information Technology has slammed the Department of Telecommunications(DoT) for the delay in the launch of 5G services. Facts:  What is 5G technology? 5G or fifth generation is the latest upgrade so far in the long-term evolution (LTE) mobile broadband networks. The 5G technology mainly works in 3… Continue reading “5G Technology” roll-out in India

World Economic Forum launches “Global artificial intelligence alliance”

What is the News? The World Economic Forum (WEF) has launched the Global AI Action Alliance (GAIA). About the alliance: GAIA: It is a multi-stakeholder collaboration platform. It has been designed to accelerate the adoption of inclusive, transparent, and trusted artificial intelligence tools globally and in industry sectors. Members: The alliance is consisting of over… Continue reading World Economic Forum launches “Global artificial intelligence alliance”

Threat of Deepfakes in India

Synopsis: Deepfakes are becoming a huge threat. This AI-based technology has been used to incite violence and disrepute people. Recently, it was used allegedly used to incite violence in the US. What are Deepfakes? Deepfakes are modified images, text, audio, and video or synthetic media, created with the help of Artificial Intelligence. It generates a fake… Continue reading Threat of Deepfakes in India

5G technology in India – importance, challenges and solutions

Synopsis:  More than 40 telecom operators in the World have already launched 5G technologies. India being the 5th largest economy in the world has not yet launched the 5G technology. Is it high time to launch 5G services in India or India still have time to catch up with the technology?  click here to read about what is 5G technology? Present Status of 5G in India:  Department of Telecommunication (DoT) in 2017 setup a 5G steering… Continue reading 5G technology in India – importance, challenges and solutions

What is 5G Technology? 

5G or fifth generation is the latest upgrade so far in the long-term evolution (LTE) mobile broadband networks. The 5G technology mainly works in 3 bands, (low, mid and high–frequency spectrum). The important feature of 5G is:  5G services will provide up to 1 Gbps (Gigabit per second) of download speed. It is 100 times higher than the existing network speed. The upload time will also increase drastically.  The energy… Continue reading What is 5G Technology? 

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NIC and CBSE to launch CollabCAD Software

News: National Informatics Centre(NIC), MeitY along with Central Board of Secondary Education(CBSE), Ministry of Education is jointly launching CollabCAD Software. Facts: CollabCAD Software: It is a collaborative network, computer-enabled software system providing a total engineering solution from 2D drafting & detailing to 3D product design for students and faculty of the Engineering Graphics Curriculum. Aim:… Continue reading NIC and CBSE to launch CollabCAD Software

Government launches Single Window Clearance Portal of Ministry of Coal

News: Union Home Minister has launched a Single Window Clearance Portal of the Ministry of Coal. Facts: Single Window Clearance Portal: The portal aims to allow successful bidders for coal blocks to be able to obtain all required clearances, including environmental and forest clearances, from a single portal with progress monitoring, instead of having to go to… Continue reading Government launches Single Window Clearance Portal of Ministry of Coal

1,600 new tech start-ups and 12 unicorns in 2020: Nasscom’s Indian Tech Start-up Ecosystem report

News: National Association of Software and Services Companies (Nasscom) has released the annual start-up report ‘Indian Tech Start-up Ecosystem – On the March to Trillion Dollar Digital Economy’. Facts: Key Takeaways from the Report: Source: NASSCOM Report India has added 1,600 new tech start-ups and a record 12 unicorns in 2020 (the highest ever added in… Continue reading 1,600 new tech start-ups and 12 unicorns in 2020: Nasscom’s Indian Tech Start-up Ecosystem report

NIXI Offers free Domain in Local Indian Languages

News: The National Internet Exchange of India (NIXI) has announced that it will offer a free IDN (Internationalized Domain Name) in any of their preferred 22 official Indian languages along with every IN domain booked by the registrar. Facts: NIXI: It is a not for profit Organization established under section 8 of the Companies Act… Continue reading NIXI Offers free Domain in Local Indian Languages

Economic Impact of Internet shutdown in Indian and world economy

News: According to a report by the UK-based privacy and security research firm Top10VPN, India has suffered the longest internet shutdowns in 2020 globally. Facts: Key Takeaways from the report: Globally, internet shutdowns cost the world economy $4 billion. However, this represents a 50% decrease in impact compared to $8.05 billion in 2019. India has… Continue reading Economic Impact of Internet shutdown in Indian and world economy

Union Minister launches Digital Ocean – a digital platform for Ocean Data Management

Source: PIB News: Union Minister Earth Sciences has launched a web-based application named “Digital Ocean”. Facts: Digital Ocean: It is a first of its kind digital platform for ocean data management developed by Indian National Centre for Ocean Information Services(INCOIS). Purpose: It has been developed to share information on marine data and forecast services. Key Features: It includes… Continue reading Union Minister launches Digital Ocean – a digital platform for Ocean Data Management

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What is 5G warfare of China?

Synopsis:  China is preparing to dominate the world by rolling out its 5G technology warfare across countries, India needs to fast the pace of its 5G implementation to contain the digital threat of China.  What is 5G warfare?  5G technology will enable IOT (Internet of Things) and IOT is driven by data and Information.     It will aid the providing country with the power to access and control the data of individuals, groups or even nations.  Moreover,5G technologies are main… Continue reading What is 5G warfare of China?

Niti Aayog launches made-in India cloud storage service — DigiBoxx

Source: Times Now News: Niti Aayog has launched a cloud storage service called DigiBoxx as part of the Atmanirbhar Bharat initiative. Facts: Digiboxx: It is India’s first indigenous digital file storage and sharing platform that provides an easy and secure way to store all the files in one centralised location. Key Features: Like Google Drive and Apple’s… Continue reading Niti Aayog launches made-in India cloud storage service — DigiBoxx

What is Solar Winds Hack?

News: The ‘Solar Winds hack’, a cyberattack discovered in the United States, has emerged as one of the biggest ever targeted against the US government.In fact, it is likely a global cyberattack. Facts: SolarWinds Hack also called the Supply Chain attack is a cyberattack discovered in the United States. Instead of directly attacking the federal government or… Continue reading What is Solar Winds Hack?

BSNL launches world’s first satellite-based narrowband IoT network

Source: Click here News: BSNL has launched the world’s first Satellite-Based Narrowband IoT (Internet of Things) Network in partnership with Skylotec India. Facts: Narrowband Internet of Things(IoT): It is a standards-based low power wide area (LPWA) technology developed to enable a wide range of new IoT devices and services. Advantages: very low power consumption excellent extended range… Continue reading BSNL launches world’s first satellite-based narrowband IoT network

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Cabinet approves Submarine Optical Fibre Cable Connectivity between Mainland, Lakshadweep Islands

Source : Click here News: Union Cabinet has given its approval for Provision of Submarine Optical Fibre Cable Connectivity between Mainland (Kochi) and Lakshadweep Islands (KLI Project). Facts: Objective: The Project envisages provision of a direct communication link through a dedicated submarine Optical Fibre Cable(OFC) between Kochi and 11 Islands of Lakshadweep viz. Kavaratti, Kalpeni, Agati, Amini, Androth,… Continue reading Cabinet approves Submarine Optical Fibre Cable Connectivity between Mainland, Lakshadweep Islands

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AI moment in India

Context: The importance of AI economy to India What is the significance of AI economy to India? Data and AI services are expected to help boost India’s economic growth in a big way. For example, according to NASSCOM, data and AI will contribute $450 billion-$500 billion to India’s GDP by 2025, which is around 10%… Continue reading AI moment in India

Chinese photonic quantum computer demonstrates quantum supremacy

Source: Click here News: China has claimed Quantum Supremacy With Computer 10 Billion Times Faster Than Google’s Prototype. Facts: Quantum Supremacy: It is a term proposed in 2012 by John Preskill, professor of theoretical physics at the California Institute of Technology. It describes the point where quantum computers can do things that classical computers cannot. Difference between Quantum… Continue reading Chinese photonic quantum computer demonstrates quantum supremacy

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Policy framework for technology

Context: With the rapid pace of technology blurring boundaries, a holistic policy framework is must. How is Data a new currency? Paradigm shift: The amount of “value add” from intangible technology services as opposed to physical objects, even in traditional goods, is being transformed by information. A modern automobile has 40% of its component value from… Continue reading Policy framework for technology