Current Affairs - Technology - Discussion

The Cryptocurrency dealer Pluto Exchange announced the launch of India's first mobile application for transacting in virtual currencies. The country's first app-based wallet will enable bitcoin transactions using a mobile number. By using a four-digit personal identification number (PIN), users can now buy, sell, store and spend bitcoins via a mobile number. The app would also permit a range of transactions, including payments, remittances, business-to-business commerce, supply chain finance, asset management and trading.