I use the cointracking.info website to track my bitcoin investment. It's a great service but it lacks one very important feature -- it doesn't have the INR currency in their list of fiat currencies. This forces me to convert rupees into dollars to enter my trades.
I recently contacted the website and requested them to add INR to their list of fiat currencies. In their reply they said they haven't added INR because they don't know of a source where they can get the history of BTC/INR prices.
Does anybody know where they can get this information?
Your help will be appreciated.
Google displays this rate on their website, but I am not sure of their source. https://www.google.com/finance?q=BTCINRPreev also gives you a rate for BTC vs INR http://preev.com/btc/inr |
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It is big success for Bangladesh having won the test match by 108 runs against England. This match has taken so many dramatic turns today where both teams constantly appearing good or in bad situations. Once England lost quick wicket there began to be seen that Bangladesh can win. It is big achievement for it against giant like England.
England are no more like giant team they are now playing like lower rank teams, but it is true that Bangladesh spinner helped their team to win the match and it finished in 3 days itself with lot of drama. On the other hand Sri lanka and Pakistan are going very strong. England may be no giant, but Bangladesh have proved that they are no minnows. This is their first win against England and it is truly historic. The fact that came with a session which yielded 10 wickets makes it even more special. |
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Blockchain isn't exactly beneficial for bankshttp://cio.economictimes.indiatimes.com/news/corporate-news/blockchain-isnt-exactly-beneficial-for-banks/55107450Banks tout the cost-saving potential of financial technology as if it's a good thing. It is, but not for them. Commonwealth Bank of Australia said on Oct. 24 that it had completed a commercial commodities transaction with US lender Wells Fargo and trading firm Brighann Cotton that used most of the latest fintech jargon: blockchain, smart contracts and the Internet of Things.
Blockchain, whereby a network of computers verify and update an immutable record of transactions through a system derived from virtual currency bitcoin, is well-suited to banks that trade physical commodities. The Brighann Cotton transaction involved one of the company's subsidiaries shipping cotton to another. On arrival, funds transferred from the selling subsidiary's bank to the buyer's. That process was automated using a so-called smart contract, computer code that acts as a substitute for a legal agreement, and which can be stored and updated on a blockchain. The shipment's status was tracked over the internet using embedded microchips, so the contract terms could in theory be renegotiated instantly if the goods were delayed.
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Now, get education degrees, KYC documents issued and verified via Blockchainhttp://www.business-standard.com/article/news-ani/now-get-education-degrees-kyc-documents-issued-and-verified-via-blockchain-116102600484_1.htmluTrade Solutions, the Chandigarh head quartered fintech major which pioneered India's first blockchain technology driven solution - uClear for real time clearing and settlement of financial market contracts in June this year has today announced the launch of two more products to its blockchain catalogue.
These include a KYC Platform - 'KYChain' and a Digital Document Issuance and Verification Solution 'HashDegree'.
This blockchain solution available on web and mobile interface will enable customers to upload their documents and share them securely with any institution, primarily for KYC purpose in the form of QR codes.
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Synechron collaborates with ConsenSys, BlockApps for financial serviceshttp://economictimes.indiatimes.com/technology/synechron-collaborates-with-consensys-blockapps-for-financial-services/articleshow/55066524.cmsConsulting and technology services provider Synechron has said that it will collaborate with ConsenSys, a global venture production studio and custom software consultancy, and BlockApps, the leading enterprise blockchain platform employing Ethereum technology to create blockchain applications for financial services.
These applications would first be made available to shared clients to solve issues like native data privacy on a private blockchain, scalability for market data applications, and critical interoperability across Ethereum and complementary technologies.
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Start-ups team-up for currency processing platform on Blockchainhttp://tech.firstpost.com/news-analysis/start-ups-team-up-for-currency-processing-platform-on-blockchain-343562.htmlTwo London-based start-ups have joined forces on a platform to process currency trades with blockchain technology, in an effort to cut settlement times and costs in the $5 trillion-a-day global foreign exchange market. Cobalt DL, fronted by former Citi and Deutsche Bank currencies supremo Andy Coyne and backed by 15 major foreign exchange market participants, is partnering with fellow London-based firm SETL, which says it can settle transactions via the blockchain almost instantly.
Blockchain, which originated in the digital currency bitcoin, works as a web-based transaction processing and settlement system. It creates a “golden record” of any given set of data that is automatically replicated for all parties in a secure network, eliminating any need for third-party verification.
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Blockchain hype takes hit as Chain releases code for all to use
http://www.livemint.com/Industry/0DmK5o8scy7diI0P6uoCaL/Blockchain-hype-takes-hit-as-Chain-releases-code-for-all-to.html
Time to put the blockchain hype to the test. After a year of promises that the technology would revolutionize Wall Street, anyone can now download an entire blockchain specifically built for financial services.
Chain, the San Francisco-based startup that’s working with Visa Inc. and has made a presentation on the benefits of blockchain to Federal Reserve Chair Janet Yellen, just released to the public the 30,000 lines of open-source code that make up its Core Developer Series. Software developers, engineers, traders and executives can now build and test any type of application they think will help improve efficiency in their business, said Adam Ludwin, Chain’s chief executive officer.
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Banks use blockchain to the make first cross-border international trade transactionhttp://tech.firstpost.com/news-analysis/banks-use-blockchain-to-the-make-first-cross-border-international-trade-transaction-343025.html
The first cross-border transaction between banks using multiple blockchain applications has taken place, Commonwealth Bank of Australia and Wells Fargo & Co said on Monday, resulting in a shipment of cotton to China from the United States. Australian cotton trader Brighann Cotton Marketing bought the shipment bound for the port city Qingdao from U.S. division Brighann Cotton in Texas, the companies and their banks said in a joint statement. The blockchain trade, for 88 bales, totalled $35,000, Commonwealth Bank told Reuters.
Blockchain is a web-based transaction processing and settlement system whose efficiency banks say could slash costs. It creates a “golden record” of any given set of data that is automatically replicated for all parties in a secure network, eliminating any need for third-party verification. “Existing trade finance processes are ripe for disruption, and this proof of concept demonstrates how companies around the world could benefit from these emerging technologies,” Michael Eidel, Commonwealth Bank’s executive general manager for cash flow and transaction services, said in the statement.
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Here’s what Asian lenders are doing with blockchain technologyhttp://www.livemint.com/Industry/GHDMw46Gp5FI1dQgGBDPwO/Heres-what-Asian-lenders-are-doing-with-blockchain-technolo.htmlAsian lenders are spending millions of dollars developing applications using blockchain, a technology that promises to slash transaction costs, expedite cross-border payments and reduce the risk of fraud.
Banks active in the region from Standard Chartered Plc to National Australia Bank Ltd have in recent months started developing and testing systems utilizing the distributed-ledger technology in areas from international fund transfers and trade-finance invoices to cheque issuance.
Blockchain promises “a fundamental change to banking” but its success depends on the adoption of uniform standards by banks, Mizuho Financial Group Inc. chief executive officer Yasuhiro Sato said at a financial technology conference in Tokyo on 21 September. The technology will definitely be used in banking within five years and likely “shorter than that,” he said.
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In a 1st, NCB to seize 500 Bitcoins used in drug traffickinghttp://www.business-standard.com/article/pti-stories/in-a-1st-ncb-to-seize-500-bitcoins-used-in-drug-trafficking-116102300193_1.htmlAfter cracking down on drug trafficking being conducted through the 'darknet' recently, the NCB is set to freeze about 500 Bitcoins in the accounts of traffickers, the first ever seizure of the virtual, unregulated currency in a criminal probe in the country.
The central agency, the nodal department to combat drug trafficking and liaise with multiple narcotics control and enforcement agencies, has interdicted and begun investigation against three syndicates in the country till now and in one case detected in western India, it is moving to seize Bitcoins.
Official sources said the Narcotics Control Bureau (NCB) is working on the legal aspects of the case to seize about 400-500 Bitcoins as part of its criminal investigation under the Narcotic Drugs and Physchotropic Substances Act (NDPS) besides a few other laws.
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I hope this doesn't let government take any stupid action like banning bitcoin etc.There may be some risk involved as far as bitcoin usage is concerned but banning it is no solution
They have blocked porn sites, torrent sites, etc.  Let us hope there is no knee-jerk reaction on such reports. I really think the government is more mature than that. |
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Vitalik Buterin to visit India for first-ever Blockchain Summit in Dec http://www.dailypioneer.com/business/vitalik-buterin-to-visit--india-for-first-ever---blockchain-summit-in-dec.htmlBitcoin is evidently one of the most sensational inventions of our times. The most popular cryptocurrency till date, with a large user database , considerable media attention and a high market valuation that has created many crypto millionaires and the technology behind it is minting millionaires every day with the tools to print their own currency.
It was a first of its kind invention that made its way into our collective consciousness gradually, despite skepticism by many naysayers, attempts to thwart by many powerful entities, and a collective gasp of dismay by regulators around the world. Bitcoin’s eventful ride has definitely taken it past the point of no return as far its acceptability and fungibility as an independent currency go. That it has defied the collective rational thinking minds of reluctant hordes of economists, statisticians, policy makers, bankers and drawn them gradually into their fold with its buoyancy.
Among the sceptics was also Vitalik Buterin, a teen who studied it but had dismissed it as a passing fad before returning to its siren call. Inescapably in its clutches the second time, Vitalik went on to invent the open source protocol that would make the technology behind bitcoin applicable to myriad uses beyond the limited scope as token of value or digital currency! |
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Intelligence agencies warn government of Bitcoin misusehttp://economictimes.indiatimes.com/news/economy/policy/intelligence-agencies-warn-government-of-bitcoin-misuse/articleshow/54926792.cmsIntelligence agencies have warned that virtual currencies such as Bitcoin may be used to fund illegal activities and move funds through hawala transactions and the government will look into the issue with the Reserve Bank of India (RBI) to ensure such new payment methods are not misused.
"At present we have no mechanism to deal with such mediums. The expertise from RBI will be used to come with specific measures to tackle such issues," said a government official aware of the concerns raised by the intelligence establishment.
Intelligence agencies have also apprised the government that in some countries virtual currency platforms such as Silk Road and Liberty Reserve were tried as unregistered money transmitters.
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Infosys says it partnered ICICI Bank, Emirates NBD in blockchain pilothttp://www.livemint.com/Industry/QyOZfVoBFl6SVJvVk8TgUN/Infosys-says-it-partnered-ICICI-Bank-Emirates-NBD-in-blockc.htmlnfosys Ltd’s subsidiary EdgeVerve Systems on Tuesday said it has carried out a pilot for using blockchain technology for international remittances and trade finance with ICICI Bank and Middle East-based Emirates NBD.
The use of blockchain technology simplifies the process and makes it almost instant—to only a few minutes. This is in contrast to the current process which involves a complex and lengthy paper trail that requires international shipping and courier.
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Pakistan made a solid start against west indies scoring a century partnership and still cruising Sami Aslam set to score a century and Azhar Ali scoring a century,i dont see west indies even drawing this test with only Bravo and Samuels the only test calliber players in the team.pakitan are now 203 and west indies yet to pick up a wicket
Pakistan finished the day at 279/1. West Indies look totally out of sorts in all forms of the game. Pakistan will be looking for another whitewash in this test series. |
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Central banks just want the technology behind Bitcoin
http://economictimes.indiatimes.com/news/international/business/central-banks-just-want-the-technology-behind-bitcoin/articleshow/54820272.cms
Bitcoin was created by libertarian-minded programmers with a deep suspicion of central banks and the national currencies they issue.
Yet it is central banks that are doing some of the most ambitious work of late in trying to harness the technology introduced by Bitcoin. The central bankers do not want their institutions to own or use Bitcoin itself. Instead, they hope they can use the decentralised method of record-keeping introduced by Bitcoin — known as the blockchain or distributed ledger — to complete and record transactions in the real economy more efficiently, quickly and transparently.
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Don't know what's Blockchain technology? Let us explainhttp://www.businesstoday.in/sectors/banks/what-is-blockchain-technology-let-us-explain-bitcoin-banks/story/238438.htmlICICI Bank on Wednesday announced that it has successfully executed transactions in international trade finance and remittances using blockchain technology in partnership with a Dubai based bank Emirates NBD.
In 2008, a cryptographer who goes by the pseudonym Satoshi Nakamoto created a crypto-currency called bitcoin. Bitcoin is digital currency that allows you to perform peer-to-peer transactions without the help of a third party such as banks.
Although the enthusiasm around Bitcoin waned after several governments refused to recognise the crypto-currency, but the underlying technology of blockchain has been hailed by the banking sector.
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