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Topic: [2016-10-13]ICICI Bank Becomes India’s First To Successfully Trial DLTs (Read 236 times)

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ICICI Bank Becomes India’s First Institution To Successfully Trial DLTs

Blockchain technology is being explored by many financial service providers all over the world right now. Over in India, the first-ever blockchain transaction has been successfully completed. ICICI Bank, one of the country’s largest private banks, conducted several transactions using this technology. In doing so, they became the first Indian bank to publicly acknowledge success in the world of distributed ledgers.

As one would come to expect from such an announcement, a proprietary blockchain is used for these transactions. Together with EdgeVerve Systems, ICICI Bank completed...

http://www.newsbtc.com/2016/10/13/icici-bank-becomes-indias-first-institution-successfully-trial-dlts/
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