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
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
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
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
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
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