Bitcoin Ecosystem in India Needs to Grow up, Big Time!
It is time for Bitcoin exchanges serving the Indian market to up their game or lose out on the little quorum of existing customer base. India is forecasted to be one of the largest Bitcoin markets in terms of potential. The country is still waking up to the Bitcoin revolution with a small percentage of population already using Bitcoin for transactions, remittances and also trading. Given a large promise shining in the immediate future, it is high time the Bitcoin Companies in India get to work, with enthusiasm and intensity each morning. Bitcoin Exchanges in India, Homegrown and....
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India is one of the emerging global economies. The country's statistics are mind-boggling. To give you a preview of it: India is the second largest country in the world in terms of population. The median age of the Indian population is 27 years (in other words, we are looking at a huge productive workforce). India is the tenth largest economy in the world and it is gradually climbing up the list. It is the world's third largest economy in terms of purchasing power parity. It is again in the third position among the largest economies in Asia. The country has close economic ties with three....
Coinbase is focusing on growing the crypto and Web3 ecosystem in India. “Combined with India’s world-class software talent, we believe that crypto and web3 technology can help accelerate India’s economic and financial inclusion goals,” said CEO Brian Armstrong.
Coinbase Expanding in India With Web3 and Crypto Push
The Nasdaq-listed cryptocurrency exchange Coinbase revealed its plan for India Monday. “India has built a robust identity and digital payments infrastructure and implemented it at rapid scale and speed,” CEO Brian Armstrong....
There are currently 450 Web 3.0 startup in the country, including four unicorns. According to a new study published by the National Association of Software and Services Companies (NASSCOM), a non-profit organization in India with over 3,000 members, the country currently possesses 11% of the world's Web 3.0 talent. The figure makes India the world's third largest regarding its Web 3.0 workforce, employing nearly 75,000 blockchain professionals today. Furthermore, the industry group expects the talent pool to grow by over 120% within the next two years.India is also home to 450 Web 3.0....
Looking over the Google Trends page, it looks like “buy Bitcoin” is quickly gaining popularity. There seems to be a lot of confusion regarding the financial situation in India. Albeit the 500 and 1,000 Rupee notes are now illegal, that does not mean they are useless. Consumers can exchange them at 70% of face value at exchange offices. That said, the interest in Bitcoin continues to grow in the country, and will continue to do so for the foreseeable future. Cryptocurrency enthusiasts remain hopeful Bitcoin will dethrone cash sooner or later. While that sentiment is shared by a lot of....
How easy is it to order a pizza with Bitcoin nowadays? Three authors of Cointelegraph have tried to do it in the US, UK and India, and here is what came out of it. “Ordering Pizza with Bitcoin in India is nigh impossible” - Shivdeep Dhaliwal, India. I have never purchased anything with Bitcoin in India yet. Ever. No pizza chain in my city takes Bitcoin, so my idea was to buy a voucher with Bitcoin from either ZebPay or to credit a payments app called Mobikwik through Unocoin and buy pizza through that. Alas. This was not to be. The Zebpay voucher had ran out of validity and Unocoin....