Avalanche, a high performance blockchain platform announced today that it has collaborated with Team1, a global network of builders, developers, creatives, and community members to launch a pilot $100,000 Team1 India Mini Grant fund, aimed at empowering and accelerating the Web3 ecosystem in India. This initiative represents a significant commitment to fostering innovation and driving the next wave of digital advancements in the region.

Most of the developers entering the Web3 space are newcomers and under the age of 27. Young developers lose passion due to insufficient funding opportunities and lack of quality mentorship. Avalanche and Team1 have created a dedicated team to explore potential Web3 projects and startups to disburse the grants promptly and work closely with the project team to help them scale their operations. The Avalanche team will monitor the team’s progress and provide access to Avalanche tools, community network, collaboration opportunities, and hackathons. The potential projects and startups will be selected through an In-person demo that will take place in multiple cities across the country.

Commenting on the development Devika Mittal, Regional Head at Ava Labs, said “India is rapidly gaining reputation as a major hub for Web3 developers globally and is projected to be the largest by 2028. Currently, there are 1200 Web3 startups in India and we aim to significantly increase this number by 2026 through our #Team1MiniGrants fund. Our initiative will fill the funding gap for web3 projects and create a level playing field for talented developers. In particular, we hope to see young developers, both men and women, applying to the fund.”

Commenting on the development, Eamonn Deane, Head of Ambassador Program at Ava Labs and Team1, said “India, being one of the tech superpowers of the world with strong digital infrastructure, provides a strong foundation for the growth and adoption of blockchain technology. With active participation from the government and big private enterprises, we see a huge growth potential for Web3-related products and services. Apart from metros, we aim to include projects from Tier 2 and Tier 3 cities due to the fast-paced innovation in smaller Indian towns and cities”.

Avalanche is aggressively betting on India to create one of the world’s largest Web3 ecosystems. The large talent pool, business-friendly policies from the government, and robust digital infrastructure make India a highly lucrative Web3 destination. Avalanche recently collaborated with Indian state governments to execute the tokenization of land assets in India and unlock the economic potential of idle land parcels across the country. The recent collaboration between Avalanche and global digital exchange, Bitget is also aimed at boosting the Web3 ecosystem in India.

This strategic initiative underscores Avalanche’s commitment to driving innovation and growth within the region, empowering developers and entrepreneurs to push the boundaries of what’s possible in the blockchain space.

To apply for the grants, visit https://grants.team1.network/


About Avalanche Blockchain Network

Avalanche is a high-performance blockchain platform designed for builders who need to scale. Engineered with a revolutionary three-part Layer 1 (L1) architecture, Avalanche is anchored by its Avalanche Consensus Mechanism, ensuring near-instant finality for transactions. The platform also features an open-source Layer 0 (L0) framework, enabling the seamless creation of interoperable Layer 1 blockchains with high throughput on both public and private networks. Supported by a global community of developers and validators, Avalanche offers a fast, low-cost environment for building the next generation of decentralized applications (dApps). With its unique blend of speed, flexibility, and scalability, Avalanche is the preferred choice for innovators pushing the boundaries of blockchain technology.

For more information, visit avax.network.

About Team1:

Team1 is a global network of builders, developers, creatives, gamers & community members who grow Avalanche. After starting just one year ago with the first cohort, Team1 has since organized over 600 community events, collaborated with 80+ universities and has members in 51 countries. For more info and to join Team1, visit https://www.team1.network/

On June 28, 2025, Bihar became the first Indian state to pilot mobile-based e-voting during municipal by-elections in Buxar, Patna, Rohtas, and East Champaran. Around 50,000 voters were eligible to vote remotely using the e-SECBHR Android app, developed by C-DAC and the Bihar State Election Commission.

• Who Could Vote?
  The system was designed for:
  • Senior citizens
  • Pregnant women
  • Differently-abled individuals
  • Migrant workers
  • Seriously ill voters
• How It Worked
  
  • Registration: June 10–22 via the app or official website
  • Security: Blockchain-backed vote recording, facial recognition, voter ID checks, and VVPAT-style audit trail
  • Access: Two voters per mobile number; web voting available for those without smartphones
  • Voting Window: 7 AM–1 PM on polling day; counting on June 30

Why It Matters

Noida-based Birla Institute of Management Technology (BIMTECH) has introduced a new blockchain-based digital currency, BIMCOIN, reported India Today. And, that’s a bold leap into the future of campus life! BIMTECH’s launch of BIMCOIN marks India’s first blockchain-based campus currency, and it’s more than just a digital wallet for canteen snacks.

Growth Protocol has officially launched its purpose-built Layer-1 blockchain today, backed by Nazara Technologies and Lysto.The platform is designed to propel the future of advertising on-chain, with real-time engagement through tokenizing digital advertising campaigns. Growth Protocol is signaling a major shift in how global brands connect with 150K+ daily active users already on the platform post the private testnet launch.

Growth Protocol is a blockchain marketing protocol that removes ad intermediaries, enforces radical transparency, guarantees equitable payouts, and restores sovereign digital identity to users—powering trustless Web3 campaigns.

Thanks to the Avalanche tech stack, Growth Protocol delivers sub-second finality and 10,000+ transactions per second to support high-throughput, fraud-proof marketing at scale. “Growth Protocol delivers exactly the kind of real-world adoption we envisioned Avalanche enabling—low-latency, high-speed infrastructure powering proof-of-performance at global scale,” said Emin Gün Sirer, Founder and CEO of Ava Labs. “It raises the bar for transparency in a trillion-dollar industry.”

Nazara Technologies, early backer of Growth Protocol and India’s only publicly listed gaming company and a leader in mobile gaming and esports is bringing its marketing applications on chain. Two Nazara titles are already live on-chain. “Nazara has spent 25 years putting fun into the hands of players,” said Nitish Mittersain, CEO and Founder of Nazara. “Now, with Growth Protocol, we’re helping advertisers and publishers reach and reward our players with absolute trust and efficiency. This is the future of game marketing.”

Growth Protocol replaces centralized, opaque ad-tech stacks with smart contract-based, real-time settlement. “Digital advertising still loses a substantial chunk of every dollar to intermediaries,” noted Sadiq Ahamed, Co-Founder of Growth Protocol. “We’re rerouting that value back to creators, publishers, and gamers—while giving advertisers and auditors an immutable ledger of truth.”

About Growth Protocol

Growth Protocol is a high-performance Layer-1 blockchain designed specifically for tokenizing digital advertising campaigns. By uniting Smart Goals, tokenized attribution and real-time settlements, it eliminates fraud, slashes customer-acquisition cost and guarantees that 100 percent of ad spend reaches real users. The protocol is backed by Nazara Technologies and Lysto, and supported by leading Web3 investors and technologists.

What is Swapzone?

Swapzone is a crypto exchange aggregator that allows users to compare and swap digital assets seamlessly. The platform offers real-time exchange rates, a user-friendly interface, and support for hundreds of cryptocurrencies.

Why Do Users Prefer Swapzone?

Swapzone stands out among crypto exchange platforms due to its transparency, speed, and convenience. Users can choose the best exchange rate from multiple providers without the need for account registration, ensuring a hassle-free experience.

Top Cryptocurrencies Swapped on Swapzone

Based on user activity, the following cryptocurrencies are among the most frequently exchanged on Swapzone:

1. Bitcoin (BTC)

Bitcoin remains the king of cryptocurrencies. It is widely traded and serves as the primary store of value in the digital asset space. Many users swap BTC to diversify their portfolios or take advantage of market fluctuations.

2. Ethereum (ETH)

Ethereum is the second-largest cryptocurrency by market capitalization and a top choice for swaps. With its smart contract functionality, ETH is widely used in decentralized applications (DApps) and DeFi protocols.

3. Tether (USDT)

Stablecoins like Tether (USDT) are highly sought after for their stability and liquidity. Many users swap volatile assets for USDT to protect their investments from market fluctuations.

4. Solana (SOL)

Solana has gained immense popularity due to its high-speed transactions and low fees. Many users swap SOL to participate in its growing ecosystem of decentralized applications and NFTs.

5. Ripple (XRP)

Ripple (XRP) is favored for its fast and cost-efficient transactions. Many traders and investors swap XRP to benefit from its low transaction fees and cross-border payment capabilities.

6. Cardano (ADA)

Cardano’s popularity stems from its advanced blockchain technology and sustainability features. Users often swap ADA to engage with the Cardano ecosystem and its staking opportunities.

7. Dogecoin (DOGE)

Originally started as a joke, Dogecoin has gained mainstream adoption and is frequently swapped due to its active community and use in tipping and microtransactions.

How to Swap Cryptocurrencies on Swapzone?

Swapping cryptocurrencies on Swapzone is simple and can be done in a few steps:

1. Visit the Swapzone website.
2. Select the cryptocurrency you want to swap and the one you wish to receive.
3. Compare exchange rates from multiple providers.
4. Choose the best offer and proceed with the swap.
5. Enter your wallet address and complete the transaction.
6. Within minutes, your swapped cryptocurrency will be sent to your wallet.

Conclusion

Swapzone provides a fast, reliable, and user-friendly platform for crypto swaps. Whether you are looking to exchange Bitcoin, Ethereum, or any other popular digital asset, Swapzone ensures you get the best rates with minimal effort.

JPMorgan and Axis Bank have partnered to enhance blockchain-based payments, introducing 24/7 programmable USD clearing for commercial clients. This collaboration  aims to streamline cross-border transactions, offering real-time payment execution and improved liquidity management.

A 24/7 programmable USD clearing is a blockchain-based payment system that allows businesses to settle USD transactions in real time, anytime, without being restricted by traditional banking hours. This system is powered by Kinexys, JPMorgan's blockchain platform, and has been adopted by Axis Bank, making it the first Indian bank to offer this capability.

Traditional payments often involve multiple intermediaries, leading to delays. Blockchain enables real-time settlements, significantly reducing processing times from days to minutes.

The Axis–JPMorgan partnership leverages Kinexys, JPMorgan's blockchain platform, to streamline cross-border transactions, offering real-time payment execution and improved liquidity management. Axis Bank is the first Indian bank to adopt this infrastructure, operating out of GIFT City, India's international financial hub.

The Kinexys platform has already processed over $1.5 trillion in transaction volume, with a daily average exceeding $2 billion, reflecting a 10x year-over-year growth in payment transactions.

This move aligns with India's broader push for financial innovation, integrating blockchain into mainstream banking. This could be a game-changer for businesses seeking faster, more transparent payments.

To recall, in early of last month Axis Bank become the first Indian bank to execute an aircraft financing transaction through its International Banking Unit (IBU) at GIFT City IFSC. The landmark deal was completed for AI Fleet Services Ltd (AIFS), the leasing arm and wholly owned subsidiary of Air India (a Tata Group Company).

In January 2022, Axis Bank executed India’s first domestic trade transaction on the Secured Logistics Document Exchange (SLDE), a Government of India-backed blockchain platform. This initiative enhances transparency, speed, and auditability in trade finance.

Notably, Axis Bank is part of a 15-bank consortium exploring blockchain solutions for trade finance, aiming to reduce fraud and improve transaction efficiency.

Tata Elxsi and Germany-based Minespider have partnered to launch MOBIUS+, an advanced battery lifecycle management platform. This platform leverages blockchain technology to ensure traceability and sustainability in the battery industry.

Designed to address the growing need for sustainability, compliance, and performance optimization in the battery industry, MOBIUS+ aims to revolutionize the way batteries are managed from production to recycling.

Here are some key points about MOBIUS+:

Sustainability and Compliance: MOBIUS+ aims to optimize battery sustainability and compliance across global markets. It complies with evolving global battery passport regulatory mandates, such as the EU Battery Passport and the US Inflation Reduction Act.

Advanced Analytics: The platform integrates advanced data analytics and real-time monitoring to provide actionable insights for Original Equipment Manufacturers (OEMs) and the entire battery ecosystem.

Cost Savings and Emission Reduction: Battery passports are expected to deliver 10-20% cost savings in recycling and maintenance through predictive insights and advanced analytics. They also aim to reduce emissions across the battery lifecycle by up to 20%.

Seamless Integration: MOBIUS+ offers a seamless interface for vendors to upload and manage their data, ensuring compliance and accuracy across the supply.

This collaboration is a significant step towards creating a more transparent and sustainable battery industry.

Anil Radhakrishnan, Chief Product Officer, Tata Elxsi, said:

Our collaboration with Minespider is a commitment to drive innovation in sustainable mobility. With MOBIUS+, we aim to set a new benchmark for battery lifecycle management, providing customers with compliance-ready solutions, advanced tools, and data-driven insights to create a more sustainable and transparent future in mobility.

“Partnering with Tata Elxsi enables us to bring our blockchain expertise to a comprehensive platform that supports the industry’s drive for transparency and compliance,” said Nathan Williams, Founder & CEO, Minespider. “By embedding battery passports into MOBIUS+, we’re providing a foundation for secure, reliable data that supports global sustainability goals.”

The Indian government has launched the Vishvasya-Blockchain Technology Stack, a comprehensive national blockchain framework designed to enhance digital trust and governance.

This initiative, led by the Ministry of Electronics and Information Technology (MeitY), aims to provide Blockchain-as-a-Service (BaaS) with a geographically distributed infrastructure.

Unlike many private blockchain platforms, Vishvasya is backed by the Indian government and hosted across multiple NIC Data Centers, ensuring robust infrastructure and security.

Key features of the Vishvasya stack include:

NBFLite: A lightweight blockchain platform for rapid prototyping, research, and learning. It is developed especially for startups/academia for rapid prototyping of applications, carrying out research and capacity building. These technologies have been developed by collaborating efforts of C-DAC, NIC, IDRBT Hyderabad, IIT Hyderabad, IIIT Hyderabad and SETS Chennai under the MeitY support.

Praamaanik: A blockchain-enabled solution for verifying the authenticity of mobile apps. Praamaanik aims to address issues related to app authenticity, helping users and developers ensure that the apps they use or distribute are genuine and have not been tampered with.

Geographically distributed infrastructure: : The stack is hosted across NIC Data Centers in Bhubaneswar, Pune, and Hyderabad, ensuring robust and scalable service delivery.

This framework is expected to support various permissioned blockchain applications, enhancing security, transparency, and efficiency in digital service delivery.

More - Document by MeitY

Binance, one of the world’s largest cryptocurrency exchanges, has registered with India's Financial Intelligence Unit (FIU-IND) and paid a fine of Rs 18.8 crore (approximately $2.25 million) to resume its operations in India, reported several leading media outlets including Gadgets360.com.

This registration marks Binance's 19th global regulatory milestone. The fine was imposed due to non-compliance with India's Prevention of Money Laundering Act (PMLA).

This move allows Binance to re-enter the Indian market, which is noted for its high level of grassroots crypto adoption. Binance's CEO, Richard Teng, emphasized the importance of aligning with Indian regulations to support the country's evolving virtual digital assets (VDA) market.

Binance supports over 350 cryptocurrencies, including popular ones like Bitcoin, Ethereum, and BNB. The crypto exchange operates in over 180 countries and serves millions of users worldwide. Notably, Binance is known for its competitive trading fees, which are among the lowest in the industry. 

Binance’s re-entry into the Indian market could have several implications for other crypto exchanges. Binance’s presence, given its global reputation and extensive services, will likely intensify competition. Other exchanges may need to enhance their offerings and customer service to retain and attract users.

Binance’s compliance with Indian regulations might set a precedent, pushing other exchanges to ensure they meet all regulatory requirements. This could lead to a more standardized and transparent market.

Binance’s return could boost overall market confidence, potentially attracting more investors and users to the crypto space in India. This could benefit all exchanges by expanding the user base. To stay competitive, other exchanges might innovate more rapidly or seek partnerships to leverage new technologies and services.

Indian Govt Stance on Cryptocurrency

The Indian government’s stance on cryptocurrencies has evolved significantly over the years, reflecting a balance between embracing innovation and ensuring financial stability. Initially, the government was skeptical about cryptocurrencies, citing concerns over financial stability, investor protection, and potential misuse for illicit activities. This led to a banking ban on crypto transactions in 2018.

The much-anticipated Crypto Bill, which aims to provide a comprehensive regulatory framework, has faced numerous revisions and delays. The bill's contents remain unclear, with conflicting reports about its stance on private cryptocurrencies.

Despite regulatory caution, the government has shown interest in blockchain technology. Initiatives like the Maharashtra Blockchain Sandbox and IndiaChain highlight efforts to leverage blockchain for e-governance and other applications.

The Reserve Bank of India (RBI) is working on a digital version of the Indian Rupee, indicating a progressive stance towards digital Currencies.

Overall, the Indian government's approach to cryptocurrencies is evolving, with a focus on finding a balance between innovation and regulation. This ongoing process reflects the global struggle to effectively regulate digital assets while harnessing their potential benefits.

Telegram, the popular messaging app, is making some exciting moves. Founder Pavel Durov recently announced that Telegram will launch an in-app browser and a mini app store by the end of July 2024.

Recently, Telegram announced that its active user base has surged to 950 million, and they aim to cross the 1 billion mark this year. The growth in users comes amid an explosion in blockchain-based games, such as NotCoin, that users tap to play on Telegram.

The upcoming app store within Telegram will allow users to discover and access mini apps directly from the platform. The mini app store will host lightweight applications within Telegram. These mini apps can offer various functionalities, including games, tools, and services.

The app store will also have web3 support, aligning with Telegram's commitment to blockchain and cryptocurrency. This move comes after the company's initial coin offering (ICO) in 2018 faced challenges. Now, Telegram is actively promoting web3 technology on its platform.

The in-app browser will allow users to view web content directly within Telegram, streamlining their experience. No need to switch between apps.

According to Pavel Durov, CEO and Founder of Telegram, "To keep the fire going, this month, we will introduce a mini app store and an in-app browser with support for Web3-Pages. "

Telegram acknowledges the issue of scams and is taking steps to address it. The messaging app plans to display the month of registration and principal country for public accounts, similar to Instagram. Additionally, organizations can use mini apps to issue labels for channels, creating a decentralized marketplace for third-party verification.

Back in 2022, Durov had said that Telegram aims to develop decentralized tools, including non-custodial wallets and decentralized exchanges, to securely facilitate cryptocurrency transactions for millions,

Telegram is continuously evolving. In early of this month Telegram launched series of new features and updates, including "Minimized Mini Apps" feature wherein users can minimize mini apps for smoother multitasking. This feature enhances the overall user experience by allowing seamless transitions between different tasks within the app. "Telegram Stars" enables users to purchase digital goods and reward creators through paid posts. It's a way to support content creators and engage with their work.

Hashtag and Location Search in Stories also launched recently. Content discovery gets a boost with hashtag and location search functionality in Telegram Stories. Users can explore relevant content more easily. A new "customizable link widget" improves link visibility within stories. This feature allows creators to share links effectively with their audience.

Mastercard has recently launched its Mastercard Crypto Credential, which enables peer-to-peer (P2P) transactions using aliases instead of long and complex blockchain addresses. This innovative system aims to simplify cryptocurrency transactions for exchange users, offering a more user-friendly approach.

For the first time, crypto exchange users will be able to send and receive crypto using their Mastercard Crypto Credential aliases, instead of the typically long and complex blockchain addresses.

Launched last year, in April, Mastercard Crypto Credential is a set of common standards and infrastructure that will help verify interactions among consumers and businesses using blockchain networks. Mastercard Crypto Credential aims to provide a foundation for financial institutions, governments, brands, and crypto players, ensuring that those interested in interacting across web3 environments are meeting defined standards for the types of activities they’d like to pursue.

Key details about the Mastercard Crypto Credential:

What It Does

The Mastercard Crypto Credential verifies interactions among consumers and businesses using blockchain networks. It ensures that users meet a set of verification standards and confirms that the recipient's wallet supports the transferred asset.

By exchanging metadata, it eliminates the complexity of knowing which assets or chains are supported by the recipient, bringing more trust and certainty to transactions.

Live Transaction Capabilities

The live transaction capabilities are initially enabled on the Bit2Me, Lirium, and Mercado Bitcoin exchanges, allowing them to enable blockchain transactions simply and securely between Latin American and European corridors. These capabilities allow for simple and secure blockchain transactions between Latin American and European corridors.

Users in Argentina, Brazil, Chile, France, Guatemala, Mexico, Panama, Paraguay, Peru, Portugal, Spain, Switzerland, and Uruguay can now send cross-border and domestic transfers across multiple currencies and blockchains.

Travel Rule Support

The system also supports the exchange of Travel Rule information for cross-border transactions. The Travel Rule is a regulatory requirement aimed at ensuring transparency and preventing potentially illegal activities.

The P2P transaction is just the beginning. Mastercard Crypto Credential aims to support various use cases, including NFTs, ticketing, and other payment solutions, depending on market and compliance requirements.

Foxbit is the latest crypto wallet provider to join the Mastercard Crypto Credential pilot ecosystem, extending the reach to more consumers. Lulubit users will also receive access through its integration with Lirium.

This milestone represents the first real-world application of the Mastercard Crypto Credential vision, which was unveiled at Consensus in 2023. It has the potential to further expand and support the domestic and cross-border remittance market.

The Mastercard Crypto Credential offers several advantages compared to other crypto payment solutions. Instead of using long and complex blockchain addresses, the Mastercard Crypto Credential allows users to send and receive digital assets using aliases. These aliases are more intuitive and user-friendly, making crypto transactions easier for average users.

When a user initiates a transfer, the program verifies that their alias is valid and that the recipient's network address supports the associated token and blockchain of the transaction. If the recipient's address doesn't support the sender's asset or network, the transaction simply does not proceed, preventing potential loss of funds due to user mistakes.

Additionally, aliases protect against address poisoning scams, where attackers trick wallet users into sending coins to a similar-looking address.

While the P2P transaction is the first use case, the Mastercard Crypto Credential aims to support various scenarios, including NFTs, ticketing, and other payment solutions, depending on market and compliance requirements.

In the next step, said Mastercard, a select group of crypto wallet users will leverage Mastercard Crypto Credential on a first-come, first-serve basis. Thereafter, within the coming months wider availability will roll out to more than 7 million users across the participating exchanges. 

In a nutshell, the Mastercard Crypto Credential simplifies crypto transactions, enhances security, and contributes to the broader adoption of cryptocurrencies in the financial ecosystem.

Mastercard's Start Path Blockchain and Digital Assets program is welcoming five startups to explore innovative blockchain and digital asset solutions. This initiative aims to drive user experiences and expand use cases that demonstrate the power of blockchain technology.

The program focuses on how different currency formats, from regulated money to bank deposits, stablecoins, and CBDCs (Central Bank Digital Currencies), can serve specific purposes. Mastercard is leveraging its experience in payment innovations to bridge these ecosystems with startups, powering new solutions, and creating efficiencies in digital commerce experiences.

The startups joining this program will have the opportunity for collaboration, bespoke training, and access to Mastercard’s customers and channels through a virtual four-month program. Since its inception in 2014, the Start Path program has supported over 400 startups from 54 countries.

The startups participating in the current cohort are:

1. Kulipa (France): Focused on enabling next-generation crypto payment card issuing for digital wallets.
2. Parfin (U.K.): Developing enterprise-grade software products to help financial institutions adopt blockchain rails.
3. peaq (Singapore): Providing digital infrastructure for real-world applications using decentralized physical infrastructure networks (DePIN).
4. Triangle (USA): Prioritizes sustainability through a data platform that triangulates climate data with finance.
5. Venly (Belgium): Makes blockchain integration straightforward for developers and businesses to support industry growth and digital transformation

This is a significant step towards integrating blockchain technology into mainstream financial services, enhancing commerce with trust and transparency. It's exciting to see how these startups will contribute to the evolving landscape of digital transactions and asset management.

Mastercard's Start Path is an award-winning startup engagement program that provides global support for startups, particularly in the fintech sector. The program helps these startups access strategic partnerships, co- innovation opportunities, and engagement with Mastercard's extensive global network.

The program is designed to help startups scale up and reach a global customer base by offering tailored expertise and the opportunity to co-create and innovate with Mastercard. Since its launch in 2014, Start Path has supported a diverse range of fintechs from around the world, helping them to grow and succeed.

For startups looking to join the program, Mastercard seeks companies that are aiming for global scale, accelerated expansion, and those that could benefit from a partnership with a trusted and established industry leader like Mastercard.

Pairpoint, a blockchain-based trading venture owned by Vodafone and Sumitomo Corporation, has announced a strategic partnership with Sensos, a leading supply chain solution company founded by Sony Semiconductors, to address the growing issue of supply chain fraud. This collaboration aims to leverage Sensos' expertise in smart label technology, which originated from Sony Semiconductor Israel, to enhance the security and transparency of supply chains.

The partnership is expected to integrate Sensos' supply chain management solutions with Pairpoint's Economy of Things (EoT) platform. This will enable logistics companies to securely track their goods at every stage of the supply chain. The use of Sensos' cellular tracking labels and AI-powered control tower, combined with Pairpoint's digital identity, trust, and transactional platform, will allow for the secure and immutable recording of all goods' movements, from port departures to final deliveries.

This initiative is particularly significant as it not only aims to combat fraud but also to improve operational efficiency and cost savings for businesses across multiple industries. The solution is currently being piloted in cooperation with global logistics operator Unilog, part of the ICL Group, at several sites in the US and Europe.

Pairpoint’s secure technology overlays Sensos’ highly reliable, real-time supply chain management solution through the Pairpoint-enabled iSIM and device agent software embedded into a smart label. Every logistic transaction is then verifiable, transparent, and resistant to tampering, effectively combatting fraud, and enhancing trust across the supply chain ecosystem.

The CEOs of both Pairpoint and Sensos have expressed their enthusiasm for the potential impact of this partnership on the supply chain sector, highlighting the importance of intelligent and globally connected cellular labels and the Pairpoint platform.

Vodafone is making strides in the integration of cryptocurrency wallets with SIM cards. This innovative move aims to enhance mobile security and convenience by leveraging blockchain technology. The integration is expected to connect SIM cards with digital identities and blockchain networks, with a projection of widespread adoption by 2030, reported Bloomberg.

Vodafone's Blockchain Lead, David Palmer, discussed the company's vision to bring blockchain technology to smartphone users. By 2030, the expectation is to have more than 20 billion mobile phones in operation, many of which will be smartphones. The plan includes linking the SIM card to digital identity and utilizing the cryptography within SIM cards for seamless integration.

This initiative is part of a broader financial strategy, which involves Vodafone Idea Ltd., an entity operating in India where Vodafone Group holds a about ~30% stake, taking on substantial debt over the next two years. Despite financial complexities, Vodafone Group has been actively pursuing innovative partnerships, including a 10-year strategic alliance with Microsoft to introduce generative artificial intelligence (AI) services to its customers.

The integration of cryptocurrency wallets into SIM cards could open up new possibilities for mobile commerce and represents a significant step towards the convergence of mobile technology and blockchain hardware.

Besides, the British Telco is also innovating in the field of Artificial Intelligence and IoT. In January this year, Vodafone and Microsoft announced a 10-year partnership to provide digital platforms, cloud services, generative AI, and IoT solutions to over 300 million businesses, consumers, and public sector organizations in Europe and Africa.