Q. Which institution has launched blockchain-based currency named BIMCOIN?
Answer: Birla Institute of Management Technology (BIMTECH), Greater Noida
Notes: Birla Institute of Management Technology (BIMTECH), Greater Noida has launched BIMCOIN, a blockchain-powered digital currency for campus transactions. It is the first business school in India to introduce such technology, following IIT Madras. BIMCOIN aims to provide students with real-world fintech experience and promote blockchain learning. It operates on a permissioned blockchain, ensuring secure, transparent, and decentralized transactions. Unlike traditional banking, BIMCOIN minimizes fraud and errors by securely recording transactions on the blockchain. This initiative sets a new trend for integrating digital currency in academic institutions.

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