Report: India ranks third in the world in terms of Web 3.0 workforce size

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....

The soaring interest surrounding crypto assets like Bitcoin, Ethereum, and other altcoins, is highly centralized in the United States compared to the rest of the world. However, a new study shows that India ranks second, behind only the US in terms of overall interest in digital currencies. What’s notable about this new finding, is that […]

On Friday, the product comparison website Finder published the company’s August Cryptocurrency Ownership Report, which surveyed 42,040 citizens across 27 countries. The report ranks countries by digital currency adoption and it shows regions like Vietnam, Indonesia and India have the highest number of people who reported owning cryptocurrency. In Terms of Crypto Ownership Vietnam, Indonesia, and India Rule the Roost Finder’s Cryptocurrency Ownership Report published on August 13, 2021, has some interesting findings after the researchers polled over 42K people. Basically the....

There are certain guidelines as to who may issue legal tender and bank notes although neither of these terms has been clearly defined. There is a lot of concern across various countries in the world whether or not Bitcoin is legal in that particular region. A new research paper by Nishith Desai Associations shows how Bitcoin is legal in India, although there are still some regulatory concerns regarding cryptocurrency in the country. Similar to most countries in the world, there is no law against cryptocurrency or its usage in India. That can only be seen as a positive aspect for future....

Several new developments are pointing to India as being the next point of interest for the key digital currency Bitcoin. They are building on the untapped opportunities available to the country’s billion people. Surge in Internet use. India has overtaken the United States to become the world’s second largest Internet market, with 333 million users, behind China’s 721 million. Even though this is a positive development, the new report by the UN Broadband Commission for Sustainable Development also confirms that just six nations – including China and India – together account for 55% of the....