Crypto meets campus life: Meet BIMCOIN launched by this private B-school in India

Private B-school Birla Institute of Management Technology (BIMTECH) has jumped on the crypto bandwagon with the launch of its blockchain-based digital currency BIMCOIN. The coin will facilitate instant crypto transactions among students, vendors, and administrators of the B-school through a permissioned blockchain platform.

Following IIT Madras, BIMTECH said it has become India’s first business management institute to launch its crypto BIMCOIN. BIMTECH and Kalp Decentra Foundation, a non-profit focusing on digital innovation, have also partnered to launch a Blockchain Learning Centre on campus.