Launch of blockchain-based trade finance scheme by RBI and Indian banks cc9517133a83a0140a6085838208599d | BuyUcoin
According to the Economic Times, which cited unnamed sources, the Reserve Bank of India (RBI) has established a blockchain-based trade finance pilot project in partnership with leading lenders such as HDFC Bank, ICICI Bank, and State Bank of India, among others.

The project is being led by the central bank’s Innovation Hub in Bangalore, which is supported technologically by IBM, SettleMint in Belgium, and Corda Technologies in the United States.

Launch of blockchain-based trade finance scheme by RBI and Indian banks imgpsh fullsize anim | BuyUcoin

Fast facts on blockchain-based trade finance

Source: Yahoofinance

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