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'Like a kitty party': Blockchain expert explains tech behind cryptocurrency


‘Like a kitty party’: Blockchain expert explains tech behind cryptocurrency
Blockchain precisely works on two fundamental mantras decentralisation and distributed trust, explains Jaspreet Bindra
Blockchain uses same design as kitty party
Avneet Kaur
Updated Aug 05, 2021, 12:51 PM IST
Blockchain and cryptocurrency have gotten everybody’s attention in recent times. But what exactly is blockchain? How does it work? You search on Google and it will show you multiple definitions and explanations. But still the idea of the technology behind Bitcoin and other cryptocurrencies is hazy for most people.
 
Putting it as simply as possible, Jaspreet Bindra, founder of Digital Matters, India, Tech Whisperer, UK and an expert in blockchain and digital transformation says, “Blockchain is like a kitty party.” Both work on the same fundamental design. Bindra was speaking at a webinar, ‘Blockchain Technology Unblocked’, pr ....

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SBI GDP growth rate: India's GDP to grow at 1.3% in March quarter: SBI report | India Business News


MUMBAI: The country s GDP is likely to grow at 1.3 per cent in the fourth quarter of 2020-21 and may see a contraction of around 7.3 per cent for the full financial year, according to an SBI research report Ecowrap .
The e-National Statistical Office (NSO) will release the GDP estimates for the March 2021 quarter and provisional annual estimates for the year 2020-21 on May 31.
Based on our nowcasting model , the forecasted GDP growth for Q4 would be around 1.3 per cent (with downward bias) as against NSO (National Statistical Office) projection of a negative (-)1 per cent, the research report said.
We now expect GDP decline for the full year (FY 2020-21) to be around 7.3 per cent (compared to our earlier prediction of minus 7.4 per cent), it said. ....

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India's GDP to grow at better-than-expected rate of 1.3% in Q4: SBI report


The country s GDP is likely to grow at 1.3 per cent in the fourth quarter of 2020-21 and may see a contraction of around 7.3 per cent for the full financial year, according to an SBI research report Ecowrap .
The e-National Statistical Office (NSO) will release the GDP estimates for the March 2021 quarter and provisional annual estimates for the year 2020-21 on May 31.
Based on our nowcasting model , the forecasted GDP growth for Q4 would be around 1.3 per cent (with downward bias) as against NSO (National Statistical Office) projection of a negative (-)1 per cent, the research report said.
We now expect GDP decline for the full year (FY 2020-21) to be around 7.3 per cent (compared to our earlier prediction of minus 7.4 per cent), it said. ....

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GDP likely grew by 1.3% in Q4 FY21: SBI research


Group sees FY contraction at 7.3%
India’s GDP is likely to have grown at 1.3% in the fourth quarter of 2020-21 and may have contracted by about 7.3% for the full financial year, according to an SBI research report ‘Ecowrap’.
The National Statistical Office (NSO) will release the GDP estimates for the March 2021 quarter and provisional annual estimates for the year 2020-21 on May 31.
“Based on our ‘nowcasting model’, the forecasted GDP growth for Q4 would be around 1.3% (with downward bias),” the lender’s economics research team said in the report.
“We now expect GDP decline for the full year (FY 2020-21) to be around 7.3% (compared to our earlier prediction of minus 7.4%),” the research team said. ....

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