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BIMTECH Launches BIMCOIN: India's First Blockchain-Based Campus Currency

BIMTECH Launches BIMCOIN: India's First Blockchain-Based Campus Currency
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BIMTECH Launches BIMCOIN: India's First Blockchain-Based Campus Currency

AspectDetails
InitiativeBIMTECH launched BIMCOIN, a blockchain-based digital currency for campus transactions.
SignificanceFirst business school in India to adopt blockchain for campus currency.
TechnologyPermissioned blockchain ensuring decentralization, transparency, and security.
Pilot PhaseOver 1,100 transactions completed successfully.
Educational ImpactProvides students with practical experience in blockchain and fintech.
PartnershipCollaboration with Kalp Decentra Foundation to establish a Blockchain Learning Centre.
SecurityAdvanced encryption, data privacy protocols, and strict access controls.
Future PlansExpand BIMCOIN usage across campus and integrate blockchain into the curriculum.

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