This college in Noida launched India's first blockchain campus currency
The pilot phase of BIMCOIN witnessed remarkable success with over 1,100 seamless transactions. This phase addressed technical integration and user onboarding challenges through iterative testing and user training. The next steps involve further rounds of close-net testing before implementing the currency campus-wide. BIMTECH also plans to integrate blockchain technology into its academic curriculum, introducing courses on blockchain, fintech, and digital innovation. This approach underscores the institute's commitment to advancing education in financial technologies.BIMCOIN AND VIKSIT BHARAT 2047advertisementIn developing BIMCOIN, BIMTECH draws inspiration from the Central Bank Digital Currency (CBDC) model, aiming to integrate blockchain technology into real-world applications. This initiative is part of a broader vision to prepare students for a digital economy by providing them with hands-on experience in cutting-edge financial tools. The creation of the Blockchain Learning Centre on campus further signifies BIMTECH's dedication to fostering a culture of innovation. This aligns with the institution's strategic move towards enhancing educational paradigms through practical exposure.- Ends
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