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      Question

      What is the purpose of the open-source project 'Flacon'

      launched by the National Payments Corporation of India (NPCI)?
      A To develop a new digital payment system Correct Answer Incorrect Answer
      B To create a simple way for cryptocurrency Correct Answer Incorrect Answer
      C To simplify the management and use of blockchain Correct Answer Incorrect Answer
      D To launch a mobile banking app Correct Answer Incorrect Answer
      E To establish a national credit bureau Correct Answer Incorrect Answer

      Solution

      National Payments Corporation of India (NPCI) launched the open-source project 'Flacon' with the aim of simplifying the management and use of blockchain technology.

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