Blockchain.info enters Indian market

Bitcoin wallet Blockchain.info to enter the Indian market via joining forces with the leading Indian Bitcoin exchange Unocoin
07 September 2017   1299

One of the biggest Bitcoin wallet provider companies and Bitcoin wallet, Blockchain.info, enters the Indian market via a partnership with the leading Indian Bitcoin exchange Unocoin.

We’re excited to announce that we have partnered with India’s most popular exchange, Unocoin, to give Blockchain users across India the ability to quickly and easily fund their Blockchain wallets.
 

Blockchain.info team

Beginning today, Unocoin exchange will be directly integrated within the Blockchain.info wallet to give the customers greater purchasing power without having to compromise security or control.

As detailed, for the first time ever, the Blockchain wallet can be funded in just a few clicks by linking the bank account, which is subject to bank transfer speed.

Blockchain.info  Blockchain.info 

Together with Unocoin, Blockchain.info is committed to making digital currency simple and more accessible throughout India. According to the company, today’s integration is an important step forward in eliminating the friction that many have experienced in buying Bitcoin.

South Korea to Invest $1B in Blockchain Startups

Blockchain is a revolutionary technology and an integral component of the Fourth Industrial Revolution, local authorities believe
19 February 2019   103

Until 2022, Seoul authorities are investing 1.2 trillion South Korean won ($ 1.07 billion) in fintech startups working with distributed ledger technology. This is reported by CoinDesk.

Funds will be allocated for the development of new technologies through the Seoul Innovation Growth Fund, created last year by local authorities. The foundation will support startups working on various solutions, including those that are in the early stages.

In the first half of this year, the Fund will allocate 13.25 billion won ($ 11.75 million) and 8.4 billion won ($ 7.45 million) in the second half of 2019. For the Korean authorities, the blockchain is a revolutionary technology and an integral component of the Fourth Industrial Revolution.

The officials also noted that the average investment per start-up at an early stage of development in South Korea is almost seven times lower than, for example, in Silicon Valley.

Last fall, Seoul authorities submitted a five-year development plan for the blockchain industry.