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scholareum posted an update in the group Blockchain in India
1 week, 2 days agoXRP : The Story of Ravi’s Fast River
Ravi lived near a big river that connected his village to other towns. When people wanted to send goods to another town, they had to use old, slow boats, and it cost a lot of money.
Ravi had an idea: “What if I build a fast boat system that can send goods across the river in seconds and for very little cos…[Read more]
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scholareum posted an update in the group Blockchain in India
1 week, 2 days agoDOGECOIN : The Story of Riya’s Funny Coupon
Riya loved making people laugh. One day, she created a coupon with a funny picture of her dog, Max, on it. She called it Dogecoin just for fun. At first, she gave these coupons to her friends as a joke, but then something surprising happened—people started trading them!
Her friends said, “We can use t…[Read more]
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scholareum posted an update in the group Blockchain in India
1 week, 2 days agoETHEREUM : The Story of Meera’s Smart Village
Meera lived in a small village where everyone often argued about agreements—like who owed money, who rented a house, or who borrowed a cow. These arguments wasted a lot of time.
One day, Meera had an idea. She created a big board in the village square and called it the Smart Board. On this board, vil…[Read more]
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scholareum posted an update in the group Blockchain in India
1 week, 2 days agoBITCOIN: The Story of Arun’s Digital Gold
Arun loved gold because it was valuable and could be traded for anything. But gold was heavy and hard to carry around. One day, Arun’s tech-loving uncle, Raj, said, “What if I told you there’s something like gold, but it’s digital? It’s called Bitcoin.”
Arun was curious. “How can something on th…[Read more]
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scholareum posted an update in the group Blockchain in India
1 week, 2 days agoCRYPTO WALLET : The Story of Rohan’s Treasure Box
Rohan loved collecting rare coins. He kept them safe in a small treasure box with a special key. Whenever he wanted to use a coin, he opened the box with his key, took out the coin, and then locked the box again.
One day, his friend Priya said, “I’ve started collecting digital coins. I don’t…[Read more]
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scholareum posted an update in the group Blockchain in India
1 week, 2 days agoBLOCKCHAIN : The Story of Maya’s Notebook
Maya lived in a small village. Every evening, she would sit under a big tree with her friends to trade fruits and toys. To keep track of who gave what to whom, Maya used a notebook.
One day, her friend Raju said, “What if Maya changes the notebook to show I owe her more toys than I actually do?” Eve…[Read more]
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scholareum posted an update in the group Blockchain in India
1 week, 4 days agoPioneering Blockchain Innovation: How India is Shaping the Future of Startups and Governance:
1. Developing a Regulatory Framework
India has taken steps to regulate cryptocurrencies and blockchain, though the process is ongoing.Introduction of the Digital Rupee (CBDC):
The Reserve Bank of India (RBI) launched the Digital Rupee pilot in 2022 for…[Read more] -
scholareum posted an update in the group Blockchain in India
1 week, 6 days agoBlockchain and Cryptocurrency in India: A Revolution in the Making
India, the world’s largest democracy, stands at the cusp of a digital revolution, with blockchain and cryptocurrency spearheading this transformation. From enhancing transparency in governance to revolutionizing industries, blockchain technology and cryptocurrencies have emerged…[Read more]
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scholareum posted an update in the group Blockchain in India
4 weeks agoRestoring Trust: 5 Ways Blockchain Can Revolutionize Governance in India.
Immutable Records = Zero Corruption
– Blockchain’s tamper-proof ledger ensures government records (land titles, public funds, ration cards, etc.) cannot be altered or forged, eliminating corruption and ensuring fairness.
– Every citizen can verify records transparently,…[Read more] -
scholareum posted an update in the group Blockchain in India
4 weeks agoBlockchain-Powered Revolution: Building a 100% Trustworthy Ration Card Ecosystem in India.
Here’s how it can be leveraged effectively:1. Immutable and Transparent Ledger for Ration Card Data
Store ration card details, family member data and biometric information on a decentralized blockchain ledger.
Each update (e.g., new registration, m…[Read more]