Nishanth Shetty

Nishanth Shetty is a technical writer, author and a crypto-advisor working at CoinDelite. Based in the city of dreams, Mumbai, on the west coast of India. He holds bachelors degrees from Mangalore University. Nishanth has a myriad experience of technical writings for tech brands. His interests include technology, travel, and food.

Bank of America to Store Cryptocurrency Keys | Coindelite News
Cryptocurrency News

Bank of America to Store Cryptocurrency Keys

The U.S. Patent and Trademark Office has awarded a patent to the Bank of America (BOA) for a device which stores cryptographic keys. The bank drafts a “hardened storage device” for storing private keys. These private keys will be used for blockchain platforms. The announcement said that the existing system …

UK Government to Update Crypto Tax Guidance In 2019 | Coindelite News
Crypto Regulation

UK Government to Update Crypto Tax Guidance In 2019

UK officials have formed various regulatory steps around cryptocurrencies and the Distributed Ledger Technology (DLT). The Cryptoasset Taskforce’s report noted that the blockchain could be beneficial to the financial service sector & other industries. The HM Treasury, Financial Conduct Authority and the Bank of England will encourage the development of DLT and …

SBI and Hitachi to Launch Digital Payment Platform | Coindelite News
Blockchain News

SBI and Hitachi to Launch Digital Payment Platform

State Bank of India (SBI) and Hitachi Payment Services Pvt. Ltd have partnered to launch a digital payment platform in India. SBI and Hitachi have signed an agreement to enter a joint venture to launch an Internet-of-Things (IoT) platform called “Lumada” in India. The platform is based on the blockchain technology. Reports …

Ukraine to Legalize Cryptocurrencies Within 3 Years | Coindelite News
Cryptocurrency News

Ukraine to Legalize Cryptocurrencies Within 3 Years

The government of Kiev announced that it would legalize cryptocurrencies to regulate the fintech sector. The announcement is a part of a new public policy developed by the economy ministry. The process may take up to three years to complete. The industry built around cryptocurrencies should become a legitimate part …

Berlin Becomes Blockchain and Cryptocurrency Hub | Coindelite News
Blockchain News

Berlin Becomes Blockchain and Cryptocurrency Hub

Berlin is already known as one of the more crypto-friendly nations. Berliners look happy after becoming a crypto-friendly nation. Germany’s biggest city has become radar for those who are interested in cryptocurrencies and the blockchain technology. According to the report published in 2013, cryptocurrency enthusiasts in the Southern Berlin district …

Indian Govt to Decide Cryptocurrencies Within Two Weeks | Coindelite News
Cryptocurrency News

Indian Govt to Decide Cryptocurrencies Within Two Weeks

The Supreme Court of India has asked the country’s government to share their opinion about cryptocurrencies in two weeks. The court held a hearing on a number of petitions filed by local digital currency exchanges. The Internet & Mobile Association of India (IAMAI) has also filed a petition over the …

Blockchain to Decentralize Artificial Intelligence | Coindelite News
Blockchain News

Blockchain to Decentralize Artificial Intelligence

Multiple startups have developed products to make Artificial Intelligence (AI) more accessible and powerful. These firms are also looking for ideal ways to secure personal data using the blockchain technology. Venture capitalists, entrepreneurs, are trying to embrace the best features from Bitcoin (BTC), blockchain technology and Artificial Intelligence (AI). People …

Blockchain News

Blockchain Launches Its Latest Hardware Wallet

The distributed ledger and digital currency software provider Blockchain has announced the launch of a new hardware wallet. This new hardware wallet exclusively ties up with the company’s flagship wallet. The developers said that the new wallet is called Lockbox. The firm has partnered with the wallet manufacturer ‘Ledger’ to …

Air Canada to Launch Blockchain-Based Travel Platform | Coindelite News
Blockchain News

Air Canada to Launch Blockchain-Based Travel Platform

Air Canada has announced that it is planning to launch a blockchain-based travel distribution platform. The new platform will be developed by a Switzerland-based startup called Winding Tree. Air Canada was established in 1937. It provides passengers and cargo air transportation services. According to 2017’s annual report, the airline carried over …

South Korea Warns Cryptocurrency Investors | Coindelite News
Crypto Regulation

South Korea Warns Cryptocurrency Investors

South Korea’s Financial Service Commission (FSC) has warned its citizens about cryptocurrency investment. The regulatory body has warned the public to research before investing in digital currencies. On Wednesday, FSC published a report claiming that the structure of cryptocurrencies is similar to mutual funds. Investors think that such funds are …