[2015-04-13] Indian IT Giant Infosys Planning to Incorporate Bitcoin Technology

[LiteCoinGuy]

Indian IT Giant Infosys Planning to Incorporate Bitcoin Technology

So far, the Bitcoin fever has been unable to impact the Indian tech sector. The country though seems to be holding larger promises as a perfect adoption place for the digital currency, tells the recent announcement of its leading IT firm Infosys.

The Bengaluru-based company recently decided to revamp its core banking service Finacle by incorporating blockchain, the underlying technology of Bitcoin that records transactions/contracts on a public ledger. According to the available information, the Infosys CEO Vishal Sikka has asked the concerned authorities to study its merits to draw out a practical plan for implementation.

http://www.newsbtc.com/2015/04/13/indian-it-giant-infosys-planning-to-incorporate-bitcoin-technology/

http://www.business-standard.com/article/companies/infosys-to-re-engineer-finacle-revamp-compensation-structure-115041300355_1.html



160k employees

[pitham1]

Even if it only succeeds in generating awareness / interest amongst its employees, it will be a big boost for Bitcoin in India. 

[ashour]

Interesting movement from the India IT field, many Indian VC's are starting to focus on payment processors like razorpay etc. I think Indian Investors will be more interested in bitcoin in the future.