Home BIT Uses Blockchain To Empower Indian Army Veterans

BIT Uses Blockchain To Empower Indian Army Veterans

Share
Share

BIT Uses Blockchain To Empower Indian Army Veterans

The Indian Army has teamed with Beyond Imagination Technologies (BIT), a blockchain and web3.0 technology company, to improve veteran communication management.

Beyond Imagination Technologies seeks to improve communication processes for veterans by fusing blockchain technology with the domain expertise of the Indian Army. This will guarantee information integrity, security, timeliness, and data veracity.

To ensure a tamper-proof environment and visibility to control centres and data mining, the platform uses encryption and decentralised data storage.

BIT will provide its BitMemoir solution to the Indian Army, offering digital certificates, credentials, NFTs, dynamic NFTs, and loyalty programs. The platform uses blockchain technology to eliminate fake credentials and improve verification. This secure digital transformation empowers Indian Army veterans to adapt quickly while maintaining security. It also aims to speed up decision-making, reduce administrative overheads, and increase situational awareness.

(With inputs from Shikha Singh)

Share

Latest News

News
BANKING BOMBSHELL! Trump Challenges JPMorgan In Court Over Post-Jan. 6 Account Shutdown

BANKING BOMBSHELL! Trump Challenges JPMorgan In Court Over Post-Jan. 6 Account Shutdown

Key Takeaways JPMorgan Chase closed the bank accounts of former President Donald Trump after the January 6 riot. The bank gave notice...

News
Dragonfly Closes $650M Crypto Fund Amid Downturn

Dragonfly Capital Launches $650M Crypto Fund Amid Market Downturn

Crypto venture capital firm Dragonfly Capital has closed its fourth fund at $650M, raising capital despite a broader downturn in crypto markets...

News
Antier Launches VARA-Ready Crypto Exchange Platform

Antier Launches VARA-ready White-label Crypto Exchange For UAE & MENA

Antier Solutions has launched a VARA-compliant white-label crypto exchange platform designed for financial institutions across the UAE and MENA region. The infrastructure...

News
Satoshi-era Bitcoin Whale Sells $750M BTC After 15 Years Of Silence

Satoshi-era Bitcoin Whale Sells $750M BTC After 15 Years Of Silence

Key Takeaways A very old Bitcoin wallet moved 11,300 BTC after staying quiet for 15 years. The coins were worth about $750...

Latest Blogs

Is An AI Agent Managing Your DeFi Portfolio?

Imagine relaxing like a couch potato and your personal AI assistant is doing all the work for you, be it booking a...

What Are Crypto ETFs & Advantages Of Investing In Bitcoin ETFs?

Ever wondered what are ETFs and why is everyone suddenly talking about Bitcoin ETFs? Well, ETFs are one of the major reasons...

How To Analyze A Crypto Project Before Investing

In the rapidly changing world of digital assets, investing in a trade solely because of social media hype is a recipe for...

Exclusive Interview: John Dagostino on India’s Crypto Future

In a world where digital assets are quickly moving from the periphery of finance to the very heart of the global infrastructure,...

Related Articles

Is An AI Agent Managing Your DeFi Portfolio?

Imagine relaxing like a couch potato and your personal AI assistant is...

What Are Crypto ETFs & Advantages Of Investing In Bitcoin ETFs?

Ever wondered what are ETFs and why is everyone suddenly talking about...

How To Analyze A Crypto Project Before Investing

In the rapidly changing world of digital assets, investing in a trade...

Exclusive Interview: John Dagostino on India’s Crypto Future

In a world where digital assets are quickly moving from the periphery...