Search Results for: bank

CBDC or E Rupee and the Data Protection Bill 2022

We  are aware that RBI is implementing a pilot project to introduce E Rupee as its CBDC. The E-Rupee or CBDC-Retail will be a tokenized version of a currency denomination. It will therefore be a digital document that is stored … Continue reading

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I am not happy with FTX crash but I have the right to say ..I told you so…

I have been carrying on a crusade against Private Crypto Currencies such as Bitcoin for years and if anybody can say FTX crash was natural, I have the right to say so. Money Control today carried an article titled “FTX … Continue reading

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CBDC will change the World Economic Order

The introduction of CBDC (Central Bank Digital Currency) by RBI has been perplexing to many. The reason is that India has developed a functional system of virtual currency system with mobile payments. For all practical purpose, “Mobile” is our digital … Continue reading

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The 14 year saga of a Phishing Case reaches a significant milestone

November 9, 2022 was an important day when my 14 year old crusade for justice for S Umashankar who had lost money in a Phishing fraud at ICICI Bank reached a significant milestone. A judgement was pronounced by Madras High … Continue reading

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FDPPI to adopt “LedgerMail” a unique Secure E Mail System

    FDPPI signed an MOU today with LedgerFi IT solutions for a LedgerMail corporate Secure E Mail solution. LedgerFi is a UAE based company with a development center in Bangalore which has developed a unique blockchain based e-mail solution … Continue reading

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Amendment to Schedule I of ITA 2000 -Conflicts with NI Act and New Fraud Risks

At a time there are discussions about ITA 2000 being revamped and replaced with a new version of a Digital India Act, a major amendment has been made to the ITA 2000 through a Gazette Notification Though this appears to … Continue reading

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