Indian Startup Develops a Next-Gen Cybersecurity Solution on the Blockchain
A new innovative prototype startup powered by blockchain technology for cybersecurity has recently launched in India aimed at curbing the global phenomenon of cybercrime. Mumbai-based Block Armour was thought up by Narayan Neelakantan, former CISO and Head of IT Risk and Compliance with India’s National Stock Exchange (NSE) and Floyd DCosta, who has a background in management consultancy and spent 11 years at Capgemini. Representing a disruptive approach to reclaiming enterprise cybersecurity, Block Armour is attempting to do so faster and at a fraction of the current cost. According to....
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Argentine Startup Action Point Takes Crypto to Fiat ATMs
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A former official for the UK’s Foreign Office has joined the board of blockchain startup Setl. Martin Clements served as director general for technology and transformation at the UK Foreign and Commonwealth Office. Clements is the second high-profile UK official to join Setl’s board in the past year. Last December, the startup named former executive director of the Bank of England Sir David Walker as its chairman. The announcement follows news that Setl is one of a group of blockchain startups recently greenlit for the startup ‘sandbox’ launched by the Financial Conduct Authority (FCA), a....
Indian bitcoin startup Zebpay has raised $1 million in funding from several investors in the country. The funds will be used to promote the cryptocurrency in the country of over a billion people and in the setting up of a dedicated blockchain laboratory for research. Indian bitcoin wallet startup Zebpay, has successfully raised a second round of funding of $1 million for the primary goal of promoting bitcoin in India. There are no current laws in the country that deem Bitcoin trading or accepting bitcoins as an illegal act. Incidentally, India’s central bank, the Reserve Bank of India....