India's Infosys partners with banks for blockchain-based trade finance network

posted 3 days ago
Infosys is exploring blockchain technology to bring new efficiencies to trade finance.

The blockchain-based trade network has been designed to digitize trade finance business processes and covers areas such as ownership validation, certification of documents and payments.

Going forward, the group aims to create a "comprehensive blockchain ecosystem, thereby contributing towards greater adoption of this technology," said Ajay Gupta, senior general manager at ICICI Bank.
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