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Calsoft board approved Jv proposal to launch I-cryptocurrency through ICO in India

Calsoft is also known as California Software Company Limited in India. It is a stock market listed company in India having registered office in Chennai. The company has informed Bombay Stock Exchange in a filing that, their board has approved the resolution for a joint venture proposal submitted by Infinia Solutions and Services to launch i-Cryptocurrency and i-Digital tokens and Coins in various countries through ICO crowdfunding method.

 Infinia is an industry leader in providing payment solutions combined with high performance technology in the Middle East, Africa and South Asia with presence in over 35 countries.

 On the other hand California software company is a listed entity in two major stock markets of India namely, NSE and BSE. The market capitalization is little over 519 million Indian rupee.

 As far as we know, we didn’t yet see any other listed entities to come up with anything related to blockchain technology and more specifically into ICO space. Probably the dynamics of international business is changing slowly and we will see a lot more listed entities to come up with new business ventures related to blockchain in near future.

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A seasoned Crypto currency professional with an open mind to understand and accept the dynamics of crypto eco-system.

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