Monday, May 6 2024 | Time 10:30 Hrs(IST)
image
Business Economy


Blockchain smartphone launched in the country

Lucknow, Dec 22 (UNI) Fesschain mobile company on Tuesday launched the country's first Blockchain Power Smartphone "Inblock" which will be available online and offline from January 1.

The company launched the three models of E10, E12 and E15 series pricing between Rs 4999 to Rs 11,999 models is inspired by the 'Local for Vocal' campaign of Prime Minister Narendra Modi and Uttar Pradesh Chief Minister Yogi Adityanath.

The blockchain-powered smartphones of the Fesschain Company were launched here on Tuesday, in the presence of sever Uttar Pradesh ministers and legislators.

In addition, this phone will give a competition to the features and price to Chinese mobiles in the Indian market.
At the same time, the company has also demanded the Uttar Pradesh government to provide land for setting up a mobile factory in Jewar in Gautam Budh Nagar. It will lead to local employment opportunities for local people as well. Currently, the company's plant is running in Sector-63 of Noida.

Mr Kapil Dev Aggarwal, Minister of Skill Development, Government of Uttar Pradesh, Science and Technology Minister Neelima Katiyar, MLA Neeraj Vohra, MLA Devmani Dubey and Company Founder Mr. Durga Prasad Tripathi launched InBlock's E-Series Smartphones.

The company's founder and CEO Durga Prasad Tripathi stated that "The top 5 companies (with 89% market share) in the Indian smartphone market are non-Indians. This is a matter of great concern to all of us Indians. We call upon the Prime Minister and the Chief Minister of Uttar Pradesh and has made up its mind to enter the country's first blockchain-powered smartphone market under the 'Local for Vocal' initiative. If we understand about blockchain, in technical language, blocks mean the number of times a transaction is recorded when a transaction is completed. The founder said the company has the ability to make one million phones at present. All phones will be available only online at the moment and can be purchased offline after one month."

He said that currently three smart cellphones are being launched which start from the range of Rs 4,999 and go up to the range of Rs11,999. The company has also announced 2 other smartphones that will be the flagship killer, these phones will compete with the high-priced phones of the big companies, built by the InBlock company and the full-fledged low-cost phones.

Talking about the best phone among the three phones that the company has launched, the company has launched the E12 phone which will be available in the market with dual camera and front camera for Rs 7,449. The second phone launched is E10. It has three variants, 1GB / 16 GB, 2GB / 16 GB and 3GB / 32GB which will be available at a price of Rs 4,999, Rs 5,999 and 6,449 respectively. If you talk about the premium segment of the series, then the starting price of E15 model will go from 8, 600 to 11,999 rupees, this phone will be equipped with triple camera feature, variants of which are 2GB / 16GB, 3GB / 32GB and 4GB / 64. Are GB.
The company target to sell one million mobiles in 2021. It is the first company to provide replacement gurantee during warranty period at home while repair of any defect at the home of the consumer itself.
The company has demanded the Uttar Pradesh government to provide land for setting up a mobile factory in Jewar, the users of this phone will not have to go to the service center in case of any problem. The service team will reach user's home to fix the phone. This will be the second phone in India after the iPhone, in the event of its failure the company will give a new handset. Mether is a multidisciplinary British company that will support the sales and marketing of Inblock smartphones, while Blockchained India being a knowledge partner of the company will provide community support.
UNI MB SHK1642
More News

Kottayam-Kochi Rubber Market Rates

04 May 2024 | 8:50 PM

Kottayam, May 4 (UNI) Following were the Rubber Market rates announced by the Rubber Board here today per quintal
KOTTAYAM
RSS FOUR: 18050
RSS FIVE : 17750
KOCHI
RSS FOUR : 18050
RSS FIVE : 17750
UNI PA GNK.

see more..

MRPL net drops over 40% in Q4; Final dividend at Rs 2 per share

04 May 2024 | 7:51 PM

New Delhi, May 4 (UNI) Mangalore Refinery and Petrochemicals Limited (MRPL), a subsidiary company of ONGC, on Saturday reported more than 40 percent fall in net profit at Rs 1,137 Crore during January-March or Q4 of fiscal year 2023-24 compared to Rs 1908 crore in the same period in 2022-23.

see more..
India lifts ban on onion exports amid Lok Sabha polls

India lifts ban on onion exports amid Lok Sabha polls

04 May 2024 | 6:41 PM

New Delhi, May 4 (UNI) The government on Saturday lifted the ban on onion exports, nearly six months after the restriction was imposed.

see more..

Kotak Mahindra Bank profit surges 17 pc to Rs 5,337 crore, board approves dividend

04 May 2024 | 6:08 PM

New Delhi, May 4 (UNI) Private lender Kotak Mahindra Bank on Saturday reported 16.88% year-on-year increase in consolidated net profit at Rs 5,337.20 crore for the January-March quarter (Q4) of the financial year 2023-24.

see more..

Kottayam-Kochi Rubber Market Rates

03 May 2024 | 8:27 PM

Kottayam, May 3 (UNI) Following were the Rubber Market rates announced by the Rubber Board here on Friday per quintal.

see more..
image