Bitcoin is known as the very first decentralized digital currency, they are basically coins that can be sent over the internet. 2009 was the year of the birth of bitcoin. The name of the creator is unknown, however the alias Satoshi Nakamoto has been given to this person.

Insurance in India began in the 19th century without any regulation. It was a typical story of a colonial-era: some British insurance companies dominated the market, serving mainly in large urban centers. After independence, it took a dramatic turn. Insurance was nationalized. First, life insurance companies were nationalized in 1956, and then in 1972, the general insurance business was nationalized. Only in 1999 private insurance companies were allowed to return to the insurance business with a maximum of 26% foreign participation.