Author Archives: Vijayashankar Na

About Vijayashankar Na

Naavi is a veteran Cyber Law specialist in India and is presently working from Bangalore as an Information Assurance Consultant. Pioneered concepts such as ITA 2008 compliance, Naavi is also the founder of Cyber Law College, a virtual Cyber Law Education institution. He now has been focusing on the projects such as Secure Digital India and Cyber Insurance

Bitcoin miner bundled with other software

Malwarebytes has reported that in some of the softwares identified as Potentially Unwanted Programs (PUP) they have identified the presence of a Bitcoin miner. The program was identified initially in a process identified as jh1d.exe and a variant jh1c.exe and … Continue reading

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Indian Regulators worried about Money laundering use of Bitcoin

The Indian regulator appear to be concerned with the growing attention of Bitcoin. The increase in the exchange value of the currency to around US$ 1200 appear to be creating panic amongst the regulators without considering the real impact on … Continue reading

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Bitcoin represents the third war between the digital society and the physical society

In order to increase the acceptability of Bitcoin for ecommerce purchases everywhere, a service has emerged where by an intermediary takes the responsibility of converting the buyer’s bitcoin payments to the legacy currency of the ecommerce site. Bitsumo  a company … Continue reading

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Physical Version of Bitcoin with Gold Backing?

It is reported that an island called Alderney in the northern part of Channel Islands located between Northern France and UK will be minting Bitcoins in physical form. The island has a population of 1903 persons . It is likely … Continue reading

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Tata Sons withdraws Application for Banking license

In a decision that looks surprising to many, Tatasons has withdrawn its application for Banking license. Refer story This is the second group after Videocon to have withdrawn its application. It would be interesting to observe the impact of the … Continue reading

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Is virtual currency popularity built on Banking inefficiency?

The exploding popularity of Bitcoins and other crypto currency is a matter of concern and intrigue for all economists. One of the USPs of the Bitcoins for example is the ability to move it from one holder to another holder … Continue reading

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