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MEITY recommends using blockchain for public projects, creation of National Blockchain Framework - Vimarsana News

MEITY recommends using blockchain for public projects, creation of National Blockchain Framework

February 4, 2021 The Ministry of Electronics and Information Technology (MEITY) has recommended the government create a National Level Blockchain Framework (NLBF) to encourage the adoption of blockchain technology across a variety of public use-cases. The ministry’s draft National Strategy on Blockchain proposes that various public projects can be brought on to a blockchain platform for digital identities, land records and official documents and healthcare, among other areas. The report recommends that the government create a legal and regulatory framework for the adoption of blockchain tec...

Google-Fitbit deal closes amid ongoing regulatory proves in US, Australia - Vimarsana News

Google-Fitbit deal closes amid ongoing regulatory proves in US, Australia

Google has closed its deal to acquire fitness wearables company Fitbit, even as probes by competition regulators in the United States and Australia are yet to conclude. The Alphabet-owned company has stressed that “the deal has always been about devices, not data”. The announcement comes nearly a month after the European Union (EU) approved the deal, subjecting Google to certain restrictions such as keeping Fitbit data siloed from Google’s ad business. We worked with global regulators on an approach which safeguards consumers’ privacy expectations, including a series of binding commi...