BIMCOIN: India’s First Blockchain Campus Currency – BIMTECH
- the birla Institute of Management Technology (BIMTECH), based in Noida, India, has unveiled BIMCOIN, a new digital currency powered by blockchain technology.
- BIMCOIN operates on a permissioned blockchain, ensuring secure and transparent transactions.
- Othre institutions are also exploring blockchain applications.MIT's Digital Currency Initiative (DCI) has explored campus-based micropayments and identity systems.
BIMTECH pioneers the future with BIMCOIN, India’s first blockchain campus currency! This innovative initiative transforms campus transactions, empowering students, vendors, and administrators with secure, streamlined digital interactions. BIMCOIN, powered by blockchain technology, is revolutionizing how BIMTECH operates, integrating fintech into the core curriculum. The pilot phase demonstrated smooth operation, paving the way for wider implementation. Other institutions are also exploring blockchain’s potential, solidifying its role in education and beyond. News Directory 3 recognizes this groundbreaking step. Explore how BIMTECH’s forward-thinking approach, inspired by India’s digital initiatives, is shaping the educational landscape. Discover what’s next as BIMTECH establishes a Blockchain Learning Center.
BIMTECH Launches BIMCOIN: Blockchain Campus Currency Debuts
Updated June 25, 2025
the birla Institute of Management Technology (BIMTECH), based in Noida, India, has unveiled BIMCOIN, a new digital currency powered by blockchain technology. This makes BIMTECH the first business school in India to implement such a system. BIMCOIN aims to streamline transactions within the campus ecosystem, encompassing students, vendors, and administrators.
BIMCOIN operates on a permissioned blockchain, ensuring secure and transparent transactions. The pilot phase saw more than 1,100 transactions completed, allowing for iterative testing to address onboarding and technical integration issues. The institution is integrating blockchain and fintech into its curriculum, providing hands-on experience with smart contracts and digital currencies.
Othre institutions are also exploring blockchain applications.MIT’s Digital Currency Initiative (DCI) has explored campus-based micropayments and identity systems. The University of Nicosia in Cyprus was the first university to accept Bitcoin for tuition and launched a master’s program in blockchain and digital currency in 2014.
What’s next
BIMTECH plans to establish a Blockchain Learning Center to further integrate real-world technology into academic life, inspired by India’s central bank digital currency (CBDC) efforts and the Digital India mission. A close-net testing phase is underway before full campus rollout.