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The annual report from India’s Ministry of House Affairs (MHA) revealed that officers from varied cybercrime and police departments had been skilled in cryptocurrency forensics and investigation in the course of the monetary yr 2022-23.
The MHA, or the House Ministry, highlighted that below the Narcotics Management Bureau (NCB) — India’s central regulation enforcement and intelligence company — 141 officers had been skilled on the investigations of darknet and cryptocurrencies, and different workshops associated to digital footprints and gathering Intelligence and proof from open supply and social media, to call just a few.
Moreover, the Indian Cyber Crime Coordination Centre (I4C) skilled greater than 2800 cyber police officers in crypto forensics and investigations and different rising applied sciences like anonymization networks and investigating misuse of cellular purposes within the cyber house.
Associated: India engaged on 5-point crypto laws as ban is dominated out
Whereas India prepares to deal with doable crypto-related crimes amid larger adoption, the nation continues to discover mainstream use circumstances in blockchain. India’s state-run oil and gasoline firm, Hindustan Petroleum (HPCL), lately launched a blockchain system to allow automated verification of buy orders (POs).
HPCL partnered with the blockchain software program agency Zupple Labs to combine its blockchain-based digital credentialing know-how into the acquisition order system.
“The implementation helps to automate the verification of HPCL POs to exterior events,” a spokesperson for HPCL informed Cointelegraph. “This works by integrating the blockchain system with HPCL’s inside e-PO and generates tamper-evident verifiable POs,” the consultant famous.
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