Government’s cybersecurity chief has ordered IIT Kanpur to develop a new blockchain architecture that can be used for e-governance.
A project worth Rs. 33.4 crore has been commissioned by the office of National Cyber Security Coordinator Gulshan Rai. IIT-K Professors Sandeep Shukla and Manindra Agarwal are in charge of the project, and they will develop it in collaboration with IIT Madras professor Shweta Agrawal. A company would be formed at IIT Kanpur to transfer the technology into a product that can be utilized by the government for various purposes.
The development of an indigenous blockchain architecture is part of government’s plan to provide secure, reliable and resilient cyberspace to citizens.
Visakhapatnam (Vizag)-based start-up Zebi Data India has come up with ‘Zebi AI Chain’, its blockchain-based Artificial Intelligence (AI) solution and says it has been deployed in over 200 hotels in the city.
Announcing this at a press conference in Hyderabad on Tuesday, May 1, Babu Munagala, the founder and CEO of the company said hotel brands such as “Novotel, The Park, Taj Gateway, Ginger use ‘Zebi AI Chain,’ not only to protect their guest data but also to help law enforcement officials in proactive identification and prevention of criminal activities.”
KryptoMoney.com publishes latest news and updates about Bitcoin, Blockchain Technology ,Cryptocurrencies and upcoming ICO’s.
Keep in mind that we may receive commissions when you click our links and make purchases. However, this does not impact our reviews and comparisons. We try our best to keep things fair and balanced, in order to help you make the best choice for you.