{"id":59731,"date":"2018-10-26T07:15:50","date_gmt":"2018-10-26T07:15:50","guid":{"rendered":"https:\/\/www.edristi.in\/?p=59731"},"modified":"2018-10-26T07:15:50","modified_gmt":"2018-10-26T07:15:50","slug":"indias-first-bitcoin-atm-kiosk","status":"publish","type":"post","link":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/indias-first-bitcoin-atm-kiosk\/","title":{"rendered":"India\u2019s first Bitcoin ATM Kiosk"},"content":{"rendered":"<p style=\"text-align: justify;\"><strong>Question: Which of the following cities have got India\u2019s first Bitcoin ATM Kiosk?<\/strong><br \/>\n<strong>(a)New Delhi<\/strong><br \/>\n<strong>(b)Kolkata<\/strong><br \/>\n<strong>(c)Bengaluru<\/strong><br \/>\n<strong>(d)Hyderabad<\/strong><br \/>\n<strong>Answer:(c)<\/strong><br \/>\n<strong>Related facts:<\/strong><\/p>\n<ul>\n<li>Bengaluru gets India\u2019s first Bitcoin ATM kiosk despite the RBI\u2019s virtual ban on cryptocurrency deals.It has been set up by cryptocurrency exchange Unocoin.<\/li>\n<li>Unocoin, a blockchain solution provider has planned to open another set of ATMs in Mumbai and Delhi in a couple of weeks.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script><br \/>\n<!-- ssgc-in-link-res --><br \/>\n<ins class=\"adsbygoogle\" style=\"display: block;\" data-ad-client=\"ca-pub-7086827700842303\" data-ad-slot=\"2092339075\" data-ad-format=\"link\" data-full-width-responsive=\"true\"><\/ins><br \/>\n<script>\n(adsbygoogle = window.adsbygoogle || []).push({});\n<\/script><\/p>\n<ul style=\"text-align: justify;\">\n<li>Anybody who wants to transact through these ATMs, has to register through website or Application then they will get a reference number.<\/li>\n<li>Through this reference code and an OTP sent to users mobile, a person can exchange Bitcoin with Indian rupee.<\/li>\n<li>World\u2019s first Bitcoin ATM was open in Canada in October<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>Bitcoin:<\/strong><\/p>\n<ul style=\"text-align: justify;\">\n<li>Bitcoin is an electronic currency created and stored in block chains. It is a digital currency that is open-source, with a design that is public and nobody owns or controls it, but everyone can take part.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script><br \/>\n<!-- CM_SSGCP_Responsive_Link --><br \/>\n<ins class=\"adsbygoogle\" style=\"display: block;\" data-ad-client=\"ca-pub-7086827700842303\" data-ad-slot=\"4276316581\" data-ad-format=\"link\" data-full-width-responsive=\"true\"><\/ins><br \/>\n<script>\n(adsbygoogle = window.adsbygoogle || []).push({});\n<\/script><\/p>\n<ul style=\"text-align: justify;\">\n<li>Bit coin is one of the thousand-plus alternative currencies (or alt-coins) enabled by a potential world \u2013changing technology called Blockchain.<\/li>\n<li>These were born of a seminal paper written by Satoshi Nakamoto in<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>Blockchain technology:<\/strong><\/p>\n<ul style=\"text-align: justify;\">\n<li>Blockchain technology is where the ledger is distributed to peers across a network-promises enhanced security, trust and transparency over traditional book-keeping systems.<\/li>\n<li>Blockchain technology offers a way of recording transactions or any digital interaction in a way that is designed to be secure, transparent, highly resistant to outages, auditable and efficient.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script><br \/>\n<!-- CM_SSGCP_Responsive_HP --><br \/>\n<ins class=\"adsbygoogle\" style=\"display: block;\" data-ad-client=\"ca-pub-7086827700842303\" data-ad-slot=\"4711430853\" data-ad-format=\"auto\" data-full-width-responsive=\"true\"><\/ins><br \/>\n<script>\n(adsbygoogle = window.adsbygoogle || []).push({});\n<\/script><\/p>\n<ul style=\"text-align: justify;\">\n<li>It carries the possibilities of disrupting the economies in manufacturing, real estate, stock exchanges, transportation, smart cities, e-commerce, and any business that depends upon accounting and auditing, and database.<\/li>\n<\/ul>\n<p style=\"text-align: right;\"><strong>By Ramayan Upadhyay<\/strong><\/p>\n<p style=\"text-align: justify;\"><strong>Links:<\/strong><\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/www.dnaindia.com\/business\/report-bengaluru-gets-first-bitcoin-atm-in-india-how-will-it-work-and-other-details-you-need-to-know-2677439\" target=\"_blank\" rel=\"noopener\">https:\/\/www.dnaindia.com\/business\/report-bengaluru-gets-first-bitcoin-atm-in-india-how-will-it-work-and-other-details-you-need-to-know-2677439<\/a><\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/www.timesnownews.com\/videos\/news\/india\/all-you-need-to-know-about-india-s-first-bitcoin-atm-in-bangalore-times-now-exclusive\/12939\" target=\"_blank\" rel=\"noopener\">https:\/\/www.timesnownews.com\/videos\/news\/india\/all-you-need-to-know-about-india-s-first-bitcoin-atm-in-bangalore-times-now-exclusive\/12939<\/a><\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/www.thehindu.com\/sci-tech\/what-are-alt-currencies-and-are-they-for-you\/article19533970.ece\" target=\"_blank\" rel=\"noopener\">https:\/\/www.thehindu.com\/sci-tech\/what-are-alt-currencies-and-are-they-for-you\/article19533970.ece<\/a><\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/www.thehindubusinessline.com\/money-and-banking\/worlds-first-bitcoin-atm-opens-in-canada\/article23099312.ece\" target=\"_blank\" rel=\"noopener\">https:\/\/www.thehindubusinessline.com\/money-and-banking\/worlds-first-bitcoin-atm-opens-in-canada\/article23099312.ece<\/a><\/p>\n<p style=\"text-align: justify;\">\n","protected":false},"excerpt":{"rendered":"<p>Question: Which of the following cities have got India\u2019s first Bitcoin ATM Kiosk? (a)New Delhi (b)Kolkata (c)Bengaluru (d)Hyderabad Answer:(c) Related facts: Bengaluru gets India\u2019s first Bitcoin ATM kiosk despite the RBI\u2019s virtual ban on cryptocurrency deals.It has been set up by cryptocurrency exchange Unocoin. Unocoin, a blockchain solution provider has planned to open another set [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":59732,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1137],"tags":[2541],"class_list":["post-59731","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mis","tag-miscellaneous-en"],"_links":{"self":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/59731","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/comments?post=59731"}],"version-history":[{"count":0,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/59731\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media\/59732"}],"wp:attachment":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media?parent=59731"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/categories?post=59731"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/tags?post=59731"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}