News > BIMTECH launches Bimcoin, a blockchain-based campus currency
BIMTECH launches Bimcoin, a blockchain-based campus currency

Gadgets360 | 22/01/2025 06:32 PM | Click to read full article
The token has been designed to facilitate secure and transparent transactions within Birla Institute of Management Technology (BIMTECH) ecosystem for students, administrators, and vendors. An official launch statement says that the initiative has been inspired by India's central bank digital currency (CBDC)-related efforts and aims to cater to the “growing need” to integrate blockchain into existing real-world systems like finance.