CoinDCX announced the launch of Namaste Web3, an initiative aimed at generating awareness and understanding of the third-generation internet or Web3, and its potential for Indian industries.
Rohit explains that regulators are in the process of deciphering the best way forward in order to promote innovation, yet look after the interest of the masses.
While the Indian crypto industry is undergoing regulatory clarity, CoinDCX is focussing on self compliance and following stringent security measures that are in the best interests of its users and the community at large.
Mithun Shetty, Director - Community at CoinDCX, said: "Our local chapter program is part of our initiative to educate people across the country on Web3 and crypto."
Cryptonomics aims to delve deep into the fascinating world of crypto and explain the various concepts and ideas about crypto in an educative, yet interesting way.
Ethereum 'Merge': Under PoW, by solving complex mathematical calculations, a miner adds a block to the blockchain but under PoS a user requires 32 ETH to be staked to become a validator. Ethereum now has completely shifted from PoW to PoS.
A crypto exchange platform is basically an app that allows an investor to start investing in the various kinds of available crypto tokens, a kind of a digital wallet where all the crypto investments and transaction details of a person are stored.
If you are one of those novice investors who want to explore the crypto market but stay away due to a lack of knowledge, this article is exactly what you will need to give you a headstart in the crypto world.
India for one has adopted and is planning to adopt the blockchain technology across various sectors. Let us see a few areas where blockchain technology is already being planned to be adopted by the Indian government.