Indian State Andhra Pradesh to Launch Blockchain Institute, Aims to Lead Asian Market
The Andhra Pradesh (AP) Government, a branch of the federal government of India which rules the state of Andhra Pradesh, is collaborating with leading technology and Blockchain startups in Singapore and the University of California to establish a Blockchain technology institute. JA Chowdary, IT advisor at the AP government, stated in an interview that local government officials have completed several preliminary discussions with the University of California (UC). IT advisors and researchers at the AP government will design the Blockchain Institute of Technology based on the agreements....
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It’s been a busy week on the blockchain front for Singapore’s central bank. On 22nd October, the Monetary Authority of Singapore (MAS) signed an agreement with the government of Andhra Pradesh, a coastal state in India, to collaborate on blockchain development projects. According to statements, the partnership will include a specific focus on digital payments, as well as the creation of educational resources related to the tech. MAS and the Andhra Pradesh government committed to broader discussions over regulation focused on “innovations in financial services”. The goal, the two....
Andhra Pradesh, an Indian state located in the south of the country and the Monetary Authority of Singapore (MAS), the country’s central bank, have announced a partnership that will aim to promote Fintech innovation with a focus on blockchain and digital payments. Signed on Saturday in India, the “Fintech Cooperation Agreement” will see the MAS, Singapore’s financial regulator and central bank, partner Andhra Pradesh, a state known for its pro-tech ideologies with a history of welcoming foreign investment and partnerships to set up infrastructure within its state boundaries. A press....
Singapore has become a hotbed for financial technology and blockchain innovation. This week, the Monetary Authority of Singapore (MAS) has conceived two joint ventures that aim to progress blockchain research and development in Southeast Asia. Monetary Authority of Singapore & Government of Andhra Pradesh Partner in a Blockchain Joint Venture.....
Multinational giants Thomson Reuters and Visa will launch their operations in the south Indian city of Vishakhapatnam next month, as the city gains prominence as a leading financial technology hub in the country. Global data and technology provider Thomson Reuters will join the world’s leading payments network Visa in launching operations in Vishakhapatnam, a coastal Indian city in the southern state of Andhra Pradesh. Vishakhapatnam, also known as Vizag, has taken notable steps toward fostering Fintech development by welcoming industry firms to gain an operating presence in the city. The....
The government of Andhra Pradesh (AP), a state in South India, will be tapping blockchain technology to curb cybercrimes, a top cop confirmed this week. In the face of an increasing number of cybercriminal activity, the Director General of Police in AP has revealed that the government is the first in Asia to use blockchain technology to check and fight cybercrimes. While details of the blockchain implementation are scarce, a workshop solely focused on educating the police force on blockchain technology has been confirmed. Organized by the burgeoning Fintech initiative in the city of....