[2016-03-6]Infosys EdgeVerve Systems in talks with banks for blockchain adoption

[trinaldao]

 Maiya told in his statement that, “It will greatly help cut costs for banks if they can do away with the transaction fees and associated costs with normal remittances, ATM transactions, cheque clearance, etc.”  He further added saying, “Blockchain is a shared, secured public ledger, which works on trust. Transactions go through only if more than 50% participants reach a consensus.”

http://www.econotimes.com/Infosys-EdgeVerve-Systems-in-talks-with-banks-for-blockchain-adoption-216869