Infosys Launches Blockchain Framework For Financial Services

[BitcoinExchangeIndia.com]

EdgeVerve Systems, a product subsidiary of Infosys, which offers the Infosys Finacle universal banking solution suite, today introduced its EdgeVerve Blockchain Framework designed to further the adoption of blockchain technology by the global financial services sector. The framework, introduced at the Infosys Confluence global client summit in San Francisco, has been developed to deliver value-generating solutions and technologies based on blockchain.

The EdgeVerve Blockchain Framework for Financial Services is a permissioned ledger that allows banks to rapidly deploy blockchain-based services for varied business areas.

Press Release: https://www.infosys.com/newsroom/press-releases/Pages/blockchain-framework-financial-services.aspx

Website: https://www.edgeverve.com/finacle/solutions/Pages/blockchain-framework-financial-services.aspx

Video: https://www.youtube.com/watch?v=FIlVnXA11Zg

[CoinLearn]

It seems, EdgeVerve Blockchain Framework is trying to compete R3CV or at best Ethereum, the technology. It has nothing to do with bitcoin apart from the fact that both uses blockchain as the underlying technology.