Sat - 12 Aug

12 Aug | 2:30 PM

Headlines for today

  • India to Build Its Own Browser Around Crypto.

  • Juno Acquires The Indian Music NFT Platform, Swaraj Labs.

  • Nigeria To Authenticate Government Certificates Using Blockchain.

  • Indian Music NFT Platform, Swaraj Labs.

  • PayPal Launches PYUSD On Ethereum, Russia To Launch Digital Ruble Pilot.

India to Build Its Own Browser Around Crypto: Get ready for some tech magic! 🪄✨ The Indian Ministry of Electronics and Information Technology (MeitY) is crafting a native web browser with a twist! They're introducing a crypto token sign feature, allowing users to digitally sign documents seamlessly. This move is all about boosting secure transactions and digital interactions. The announcement came with the launch of the Indian Web Browser Development Challenge (IWBDC), a competition to create an indigenous web browser packed with its own trust store, cutting-edge functionalities, and top-notch security and data privacy features. 🌐🔐📜💎🚀

Juno Acquires The Indian Music NFT Platform, Swaraj Labs: Crypto meets music in a smashing deal! 🎶🪙 U.S.-based crypto payments app Juno has swept up Swaraj Labs, the Indian music NFT platform led by the talented Co-founder Prithvi Sankar. Swaraj Labs has been championing artists in harnessing Web3 tech for their creative masterpieces. "We're thrilled to unite with Juno's crew in crafting the ultimate global checking account," exclaimed Prithvi Sankar. Whispers in the grapevine hint that Swaraj Labs will spearhead Juno's worldwide expansion efforts. With a cool $18 million secured in a Series A funding round led by ParaFi Capital's Growth Fund, Juno is no stranger to the limelight. The backing lineup includes stars like Hashed, Jump Crypto, Greycroft, and more, all stepping up to rock the world of digital banking and push forward Juno's tokenized loyalty program. 💰🚀📈🎉

PayPal Launches PYUSD On Ethereum: PayPal has joined the stablecoin party! 🎉 Teaming up with Paxos, they've introduced PYUSD, their very own U.S. dollar-backed stablecoin. Fully backed by cash equivalents and U.S. Treasuries, PYUSD is here to make fund transfers among PayPal users smoother and more secure. Plus, it's set to groove into the web3 scene and can soon be spotted on Venmo, PayPal's peer-to-peer payment app. 💸💎🚀 This leap into stablecoins is a bold stride for PayPal, their debut in this realm. Stablecoins, unlike rollercoaster-like cryptos, stay rooted to fiat currencies like the U.S. dollar. A wise choice for stability, right? The PYUSD launch follows their recent embrace of cryptocurrencies in March 2022, signaling their dedication to the digital payment world. So, watch out as PYUSD takes its dance steps in the crypto arena, with PayPal aiming to lead the way in shaping the future of digital payments. 🕺💰🌟

Russia To Launch Digital Ruble Pilot: Get ready for the digital ruble debut! The Russian Central Bank (CBR) is set to launch a pilot program on August 15, 2023. This test run involves a select group of banks and financial institutions to fine-tune the technical aspects of the digital ruble.The digital ruble is the CBR's answer to modernizing money, like ruble's snazzy digital sibling. They're aiming for swifter, safer payments and a boost in financial accessibility. The pilot program is a stage setup for something big, with players like Sberbank, VTB, and Gazprombank on board. Users can download the digital ruble app from App Store or Google Play, top up their wallet using bank transfers or cash., and groove with digital payments. Stay tuned for the full digital ruble show in 2024! 🌐🚀

Nigeria To Authenticate Government Certificates Using Blockchain: 🚀📈 Hold onto your hats, because the Nigerian National Information Technology Development Agency (NITDA) is unleashing blockchain wizardry to combat the age-old villains of fraud and forgery in government certificates! 🕵️‍♂️ Get this: NITDA is about to put National Youth Service Corps (NYSC) certificates on the blockchain stage. This means certificates will be like superheroes with unbreakable shields – they'll be issued in a tamper-proof blockchain format, putting a force field around them against counterfeit forces. Anyone from individuals to employers can now do their own detective work by checking the blockchain, ensuring the authenticity of these certificates. This isn't just any plan, it's a full-blown superhero league. NITDA's move aligns with the Nigerian government's grand plans of bringing blockchain into the spotlight. So, mark this in your calendar as the day blockchain donned a cape and came to the rescue of certificate security! 🚀🇳🇬🔐