Blockchain Observations

10 things you must know about the Govt. of India Blockchain Report

23 Jul 2019

The much-awaited Government of India report on blockchain and virtual currencies is finally available for the public. The report: promises a massive boost to the blockchain sector in India, and delivers a fatal blow to bitcoin, Ripple XRP, ethereum, and other crypto-currencies through the proposed law titled “Banning of Cryptocurrency & Regula...

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Blockchain Observations

3-minute introduction to blockchain technology

04 Oct 2018

Imagine a world without computer databases. There would be no e-commerce, no ATMs, no Internet banking, no Facebook, no Gmail, no WhatsApp! Almost everything that makes the Internet so powerful and useful depends upon computer databases. The digital world relies very heavily on computer databases, even though most users are unaware of it. Now imagi...

Build a private blockchain ecosystem in minutes with this open source project

25 Mar 2017

A new open source project called YobiChain enables anyone to build a private blockchain ecosystem preloaded with development tools, database, web & FTP servers and a simple blockchain application. Within minutes. YobiChain is ideal for: Startups looking to quickly build a blockchain powered prototype, Proof of Concept or minimum viable prod...

Gold backed virtual-currencies in a post de-monetization India

06 Dec 2016

Our ancestors started off with the barter system – something like “I will give you 2 buffaloes in return for 5 shiny new super-sharp axes”. Soon they realized that the barter system had too many limitations – everyone didn’t want buffaloes, buffaloes were neither divisible (not too many people would want 0.35 buffaloes) nor very portable (imagine ...

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