Google Brings Wi-Fi Connectivity To India, Bitcoin Adoption To Benefit?
India is one of those countries where Bitcoin and blockchain technology could thrive. With a large part of the population being rather tech-savvy, it only makes sense these people would be open-minded towards any new form of technology coming their way. But there is one critical issue: internet connectivity in the country is not up to par. Google want to change that by bringing hundreds of free Wi-Fi spots to railway stations in India. Despite its very large population, there are still hundreds of million of people in India without proper internet access. This is a critical issue that....
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But there is more, as “heavy users’ will pay even less money per gigabyte. In fact, Reliance Jio will charge half of the price per GB used. Mobile internet connectivity is quickly becoming the new norm in developing countries. Rather than relying on more expensive fibre connections, mobile data plans are a great way to stay connected to the world. Over in India, Reliance Industries have come up with a new data tariff. Prices will drop well below US$1 per GB, which may boost the number of Bitcoin users in the country to new heights. Reliance Industries has a clear mission for the future of....
This is the year that eCommerce will see big development in India. Morgan Stanley Research reports a 50% increase from last year. They rank India as the 10th largest economy in the world, with a forecasted GDP growth of around 5.5%. The National Payments Corp of India is projected to make e-commerce dealings easier by enabling micropayments and person-to-person payments. They will use a unified payment interface (UPI). In India, this UPI is one of many innovations taking place in the financial sector that will benefit the customer, and will help make India a cashless society, says Reserve....
In its 2025 edition of the Global Crypto Adoption Index, Chainalysis outlined the leading countries driving cryptocurrency adoption worldwide. The Asia-Pacific (APAC) region once again stood out, cementing its role as the global hub of grassroots crypto activity. India, US, Pakistan Lead Crypto Adoption According to the report, India, Pakistan, and Vietnam emerged as the […]
While it is doubtful Bitcoin will replace the need for physical currencies anytime soon, it complements the existing financial ecosystem quite well. The status of Bitcoin in India has been relatively unsure for quite some time now. Even though the country can benefit a lot from cryptocurrency in their e-commerce and m-commerce sectors, adoption rates were still low. But things are changing in a positive manner as of late. With about 50,000 Bitcoin users in India, things are looking better than ever. To put these numbers into perspective, of those 50,000 Bitcoin enthusiasts, close to 30,000....
Bitcoin adoption in a mainstream capacity can only benefit from the efforts being made in the Internet of Things industry. As more and more devices learn to communicate with each other through mesh networks, payment solutions will have to evolve as well. Bitcoin is perfectly suited for microtransactions, and when this world collides with the Internet of....