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Author Topic: [2016-01-29] Bitcoin can be risky business in India: Nilam Doctor, GreenCoinX  (Read 333 times)
hendra147 (OP)
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January 29, 2016, 04:25:28 AM
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January 29, 2016:  
Canada-based cryptocurrency startup GreenCoinX recently received approval from Isle of Man, a self-governing British Crown dependency, to start operations there.

GreenCoinX was founded in 2012 by Nilam Doctor, who developed digital currency which is traceable and removes the anonymity that Bitcoin had become associated with. The company was earlier based out of Ahmedabad, Gujarat, in India.

Doctor is now the president and chief technical officer (CTO) of GreenCoinX, with Daniel Wettreich, the chairman & CEO, leading the organisation.

Doctor is also the founder of Hitarth Consultants, a software consultancy firm focused on web based projects and digital currency, and a former CEO of Real Bitcoins, an India-based promoter of the crypto currency.


http://www.dealstreetasia.com/stories/bitcoin-is-risky-business-says-greencoinx-founder-nilam-doctor-28708/
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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January 29, 2016, 04:41:29 AM
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It is great to know that Indian that tooo Woman is so much interested in Bitcoin and CryptoCurrency, It is true that Bitcoin is a risky Business in India because still Bitcoin and cryptocurrency are not clearly mentioned in the Indian Law and Taxation.

GreencoinX coming up with the first identifiable block-chain which will identify all information about a person depending upon the requirement for each country
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