Indian citizens may soon be able to sign documents digitally using crypto tokens. The feature is planned as part of a project led by the Ministry of Electronics and Information Technology to create a national web browser.
On August 9, the ministry announced the commencement of the Indian Web Browser Development Challenge, which aims to "inspire and empower" developers from throughout the country to develop an indigenous web browser with an embedded Controller of Certifying Authorities (CCA) India root certificate.
According to the announcement:
“[The] Proposed browser would also focus on accessibility and user friendliness, ensuring built-in support for individuals with diverse abilities.”
The announcement also includes the option to digitally sign documents with a crypto token built in the browser.
The competition will have three rounds: the first round will have 18 participants; the second round will have eight players; and the ultimate winner will get around 34 million Indian rupees ($411,000).
In recent months, the Indian government has been active in its regulatory initiatives, particularly in the areas of technology and cryptocurrency.
While presiding over the G20, the intergovernmental organization of the world's 20 major nations, it backed the Financial Stability Board's suggestions for a global crypto framework and asked for special consideration to be given to emerging economies in probable crypto rules.
Sources:
https://cointelegraph.com/news/india-uses-crypto-tokens-in-native-web-browser
You might also be interested in
Subscribe to our Newsletters - the best way to stay informed about the crypto world. No spam. You can unsubscribe anytime.
Please enter your email address
Email is invalid
Subscribe to our Newsletters - the best way to stay informed about the crypto world. No spam. You can unsubscribe anytime.
If you have any questions about cryptocurrencies or need some advice, I'm here to help. Let us know at [email protected]