Author: Sahiti Annam

Sahiti is a Law student pursuing BBA.LLB at Symbiosis International University, Pune. She also holds a Diploma in International Business laws & Indian Corporate Laws. Her primary interest areas are Bankruptcy Laws, Company laws, Blockchain & Data Protection Laws, Banking Laws, and Laws relating to Intellectual Property Rights. Having been a professional lawn tennis player and an avid sports enthusiast, she is capable of handling her wins and losses well. Her adaptability makes her an excellent team player.

AFTERMATH OF RUSSIAN HOSTILE ACTIONS – CRUDE OIL, NATO, SARMAT MISSILE AND GLOBAL IMPACT 

UN Secretary General to Meet President’s Putin and Zelenskyy  Russia has blasted cities to ruins and indicated hundreds of civilian corpses in communities after its soldiers fell back. It denies attacking civilians and asserts, without providing evidence, that atrocity signs were faked.  UN Secretary-General Antonio Guterres has separately requested meetings with Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskyy to explore ways toward peace in the aftermath of Moscow’s invasion of its neighbour. Separate letters were delivered to the permanent missions of Russia and Ukraine on Tuesday afternoon, requesting Putin to see Guterres in Moscow and Zelenskyy to receive…

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Assam police detain education officers for corruption

Technology and Corruption Technology has established itself as a critical ally in the battle against corruption and the enhancement of governance, transparency, and accountability. The COVID-19 epidemic has demonstrated the mutually reinforcing nature of technology and anti-corruption measures, as well as the urgency of changes. Information and Communication Technology (hereinafter referred to as ICT) allows information flow between governments and citizens, as well as between agencies and citizens. Opening up government and including citizens may help. Information asymmetries are reduced, processes are automated, public officials’ discretion is limited, and intermediaries and red tape are eliminated. Conversely, ICT may enhance corruption…

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Blockchain Technology In Capital Markets

Introduction Of Blockchain Technology Blockchain technology has the potential to address challenges of interoperability, trust, and transparency in fragmented market systems. Participants in the stock market, such as traders, brokers, regulators, and stock exchanges, are needed to go through a lengthy procedure (which typically takes three to five days to complete transactions, owing to the involvement of intermediaries, operational trade clearing, and regulatory processes). Through automation and decentralization, blockchain technology has the potential to significantly improve the efficiency of stock markets.   Blockchain Technology has the potential to significantly lower the enormous fees imposed on clients in terms of commissions while…

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Supreme Court lifted the ban

BRIEF FACTS  The Supreme Court lifted the Crypto Ban – The RBI issued several cautionary advisories in the form of press releases. (on December 24, 2013, February 1, 2017, and December 5, 2017) to users, holders, investors, traders, and other similar parties that deal in VCs, emphasizing the potential financial, operational, legal, customer protection, and security risks associated with such transactions.  Following that, the RBI issued the RBI Circular, which was challenged in the Supreme Court by, among others, IAMAI (a not-for-profit organisation representing the interests of the online and digital services industry), shareholders / founders of cryptocurrency exchange platforms,…

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Tokenization, IoT, and Security Conditions Prior to Launching Tokens as IoT

What is Tokenization? Tokenization is the process of exchanging sensitive data for non-sensitive data known as “tokens” that may be utilised in a database or internal system without exposing it to the public. Although the tokens are unconnected values, they maintain some characteristics of the original data—most typically their length or format—which enables them to be employed in the course of business processes. The organization’s original sensitive data is then securely kept outside of its own systems. What is IoT? The internet of things, or IoT, is a network of interconnected computing devices, mechanical and digital machinery, items, animals, and…

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Cryptocurrency

HOW IS CRYPTOCURRENCY DEFINED?  At its heart, cryptocurrency is a decentralized digital currency meant for online use. Cryptocurrency enables value to be transferred online without the use of an intermediary such as a bank or payment processor, enabling value to be transferred internationally, near-instantly, and 24/7 at a cheap cost. Typically, cryptocurrencies are not issued or regulated by governments or other central authorities. They are administered using a peer-to-peer network of computers running free and open-source software. By and large, anybody who want to engage is welcome.    IS IT SAFE TO INVEST?  How is crypto safe if no bank or…

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ARTIFICIAL INTELLIGENCE

In the simplest sense, Artificial intelligence refers to systems or computers that execute tasks similarly to human intellect and may iteratively improve themselves depending on the data they acquire. AI presents itself in a variety of ways. Several instances include the following: Chatbots leverage artificial intelligence to rapidly comprehend consumer issues and give more efficient responses. Intelligent assistants leverage artificial intelligence to analyze crucial information from big free-text databases in order to optimize scheduling. Recommendation engines can make automatic TV program recommendations based on a user’s viewing behavior. Artificial intelligence is considerably more about the process and the capacity for…

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Blockchain technology in law

Law, order, and justice are necessary components of establishing trust in the global era. Since the internationalization of legal services, the need for services such as the preparation of legal papers, sanctioned applications, intellectual property management, and corporate structure has expanded dramatically. As a result, overall legal-services spending is predicted to increase over the next several years, reaching approximately $B 1.011 in 2021. In this environment, established enterprises are under intense customer pressure to produce more at a lower cost and with a greater level of quality. This is consistent with the introduction of legal market changes, particularly those motivated…

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