Understanding the Rules of the Digital Personal Data Protection Act, 2023

India 365
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'Following incidents of harassment and fraud associated with numerous Chinese loan applications, the Ministry of Home Affairs (MHA) has recommended engaging experts in specific fields to address the problem of illegal loan apps. The MHA's advice aims to combat the negative impact of deceitful lending applications.' Read more

'Decentralized Finance (DeFi) is a range of financial services on blockchain, aiming for global accessibility without traditional intermediaries. It includes lending, borrowing, trading, and earning interest on crypto assets, operated by smart contracts for security. Despite risks, DeFi offers financial inclusion and innovation, attracting investors and developers. These platforms reimagine banking with lower costs and increased transparency. DeFi's growth signifies blockchain's broader impact beyond cryptocurrencies.' Read more

'In November 2021, Amitabh Bachchan’s NFT collections, including the iconic “Madhushala,” and autographed posters, sparked a bidding frenzy that culminated in a staggering $520,000 (approximately Rs 3.8 crore) in bids on the very first day of the auction. The auction signaled a transformative juncture for India’s transition into the Web3 space.' Read more