TechNetiZs

 The government of India on Thursday bring new laws for regulating the Social Media platforms like Facebook and Twitter and OTT platforms like Netflix and Amazon Prime. The government has said them to remove any content flagged by the authorities within 36 hours. They have to set up a complaint redressal mechanism with an officer being based in India. These guidelines also said social media platforms such as Twitter and Facebook to identify the originator of a message that the government consider being anti-national and against the security and sovereignty of India. This is the first time such rules are formed in the country within the jurisdiction for digital and social media platforms. These rules have come after a spat between Government and Twitter over certain messages related to Farmers protest. The government had said to remove about 1500 account and messages but Twitter didn't want to do so. But, Twitter followed it after the warning of penal action. IT minister has said ma...

 The Reserve Bank of India(RBI) has major concerns over cryptocurrencies, Governor Shaktikanta Das said. He flagged potential risks to financial stability.  He said he had communicated his concerns to the Government and the RBI's plan to launch its own digital currency is a work in progress. He added, "We have major concerns from the financial stability angle". It will be very difficult and not possible for me to give a date as there are several loose ends that need to be tied up and it is recieving our full attention. India's parliament Loksabha is also going to discuss the introduction of a law to ban private cryptocurrencies such as Bitcoin in the current Budget session of parliament. A government panel has advised banning all private cryptocurrencies with a jail term of up to 10 years and heavy fines for trading in banned cryptocurrencies. The major cryptocurrency exchange has denied the premise that crypto will be a competitor to the Indian Rupee and will lead to...

 India is going to have another fintech Unicorn very soon.  A  unicorn  is a S tartup  company with a value of over $1 billion.  BharatPe is a New Delhi based financial services startup. BharatPe said on Thursday that it has raised $108 million in a financing round. After this, it had valued at $900 million, $100 million more required in becoming another Unicorn. It was the company's series D round and was led by Coatue management. Some existing institutional investors, Ribbit Capital, Insight Partners,  Steadview Capital, Beenext, Amplo and Sequoia Capital were also there. It  brings BharatPe’s total to-date raise to $233 million in equity and $35 million in debt. BharatPe also  returned $17.17 million to its angel investors and employees with stock option. BharatPe helps offline merchants and traders to accept digital payments. India has also emerged as the second-largest online market with more than 600 million users.  There are ...

 Internet works by connecting Internet protocol (IP) addresses of servers and clients. Earlier IPv4 version of IP addresses was in use but they are limited in numbers. As they are 32-bits addresses so it can only have 2^32 combinations and they are exhausting soon. It can not meet the growing demand for internet service. So, we are shifting to IPv6 addresses as they are 128-bits addresses and it can serve trillions. In India, work on IPV6 was started in 2006. India was about last in implementing IPv6 but now We have a share of 50% in IPv6 addresses and India is leading in the terms of subscribers. Reliance Jio has a very big role in this by providing free 4G internet for about 1 year. Now, each of Jio customers is connected through IPv6 address. India can now set up its own root server with less than  ₹10  crores as said by Satya N Gupta, IPv6 forum chairman. Now, globally there are 13 root servers which help in working on the internet. 11 root servers are in the United S...