Icici news
Indian ICICI Bank Enlists 250 Corporates To Int’l Trade And Finance Blockchain platform
Indian banking giant ICICI Bank has consigned more than 250 corporates to its Blockchain platform for domestic and international trade finance transactions, according to a press release published April 17. ICICI Bank started exploring Blockchain opportunities for their business in 2016. In June of that year, the bank created the position of Chief Technology and Digital Officer (CTDO) for that express purpose. In August 2016, the bank began implementing pilot transactions in international trade finance and remittance using a Blockchain in India. Chandra Kochhar, MD and CEO at ICICI Bank, says that integration of Blockchain technology has the potential to …
Adoption / April 18, 2018