Yes Bank upbeat on using blockchain, to add more processes
http://economictimes.indiatimes.com/industry/banking/finance/banking/yes-bank-upbeat-on-using-blockchain-to-add-more-processes/articleshow/56314280.cms
Mid-sized private lender Yes Banktoday entered into a tie-up with Bajaj ElectricalsBSE 2.41 % for vendor financing using blockchain solution, and announced to use the technology more aggressively as it saves over 70 per cent in cost.
As part of the tie-up, the bank has completely digitalised its processes when it comes to transactions with Bajaj Electricals and its vendors in such a way that blockchain solutions can be implemented, an official spokesperson said.
Topic: [2017-01-03] ET: Yes Bank upbeat on using blockchain, to add more processes (Read 274 times)
January 05, 2017, 07:39:58 PM
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