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Insurance penetration is calculated as a percentage of insurance premium to GDP. However, the insurance market in India has tremendous potential to grow due to its population majorly in the middle-class income category, and favorable regulatory policies. India's total real premium growth was 6.9% which was more than twice the world average of 2.9%.
In May 2018, Gartner found that only 1% of CIOs indicated any kind of blockchain adoption within their organisations, and only 8% of CIOs were in the short-term "planning or [looking at] active experimentation with blockchain". [19] For the year 2019 Gartner reported 5% of CIOs believed blockchain technology was a 'game-changer' for their ...
Digital Library of India, initially hosted by Indian Institute of Science, CDAC, Noida, IIIT-Hyderabad during 2000s working in partnership with the Million Book Project, provides free access to many books in English and Indian languages. [1] The scanning of Indian language books has created an opportunity for developing Indian language optical ...
The Phase-1 of pilot project for e₹-R will start from 1 December 2022 in Mumbai, New Delhi, Bengaluru, and Bhubaneswar under State Bank of India, ICICI Bank, Yes Bank, and IDFC First Bank. Ahmedabad, Gangtok, Guwahati, Hyderabad, Indore, Kochi, Lucknow, Patna, and Shimla will be included in Phase-2 under Bank of Baroda, Union Bank of India ...
He received the 1996 Association for Computing Machinery (ACM) SIGMOD Edgar F. Codd Innovations Award in recognition of his innovative contributions to the development and use of database systems. He was the first non-American and the fifth person ever to receive that award. [ 43 ]
Decentralized finance (often stylized as DeFi) provides financial instruments and services through smart contracts on a programmable, permissionless blockchain. This approach reduces the need for intermediaries such as brokerages , exchanges , or banks . [ 1 ]
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Another emerging topic is the regulation of blockchain algorithms (Use of the smart contracts must be regulated) and is mentioned along with regulation of AI algorithms. [6] Many countries have enacted regulations of high frequency trades , which is shifting due to technological progress into the realm of AI algorithms.