Author Archives: Vijayashankar Na

About Vijayashankar Na

Naavi is a veteran Cyber Law specialist in India and is presently working from Bangalore as an Information Assurance Consultant. Pioneered concepts such as ITA 2008 compliance, Naavi is also the founder of Cyber Law College, a virtual Cyber Law Education institution. He now has been focusing on the projects such as Secure Digital India and Cyber Insurance

Banks Refuse to comply with RBI instructions on Aadhar

Posted on December 14, 2013 by Vijayashankar Na

While the Government is doing its best to push Aadhar usage despite lack of proper legal backing, Bankers now seems to be unhappy with the forcing of Aadhar on their Card and ATM transactions as suggested by RBI. See report … Continue reading →

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India Today faces FIR for publishing a forged article

Posted on December 14, 2013 by Vijayashankar Na

It is strange that even reputed business houses fail to learn the basics of communication when it comes to internet and emails. Well knwon advocate Mr Shanti Bhushan has complained that “Mail Today” has published an article in his name … Continue reading →

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Advisory expected from RBI on Bitcoin

Posted on December 9, 2013 by Vijayashankar Na

With Chinese central bank making official remarks on Bitcoins advising Banks not to acquire BTC as a currency/asset, and the approaching Global Bitcoin Conference in Bangalore on December 14th  and 15th, heat is now on RBI to give its own … Continue reading →

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Derivative Trading in Bitcoin emerges

Posted on December 9, 2013 by Vijayashankar Na

While Bitcoin exchane prices plunged from the dizzy levels of $1342 to around $576 within a week (presently at $830)  reacting to the decision of Baidu not to accept Bitcoins, an interesting development was the development of a derivatives market … Continue reading →

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Bitcoin future is Bullish says Wallstreet

Posted on December 6, 2013 by Vijayashankar Na

Analysts at Bank of America’s Merrill Lynch wrote a 14 page reserach note to investment clients airing their view that “As a medium of exchange, Bitcoin has clear potential for growth”. (Refer article here) . It is also reported that BTC … Continue reading →

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Bitcoin Mining is Power hungry

Posted on December 6, 2013 by Vijayashankar Na

Bitcoin Mining is an activity where the computer tries to collect reported Bitcoin transactions during a period and bundle them into an electronic document that can be added to the current data base of transactions (i.e.The Block Chain). While adding … Continue reading →

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