Bitcoin Forum
December 17, 2017, 10:23:49 AM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: [2017-05-30] ToI: First blockchain project ‘Clear-Chain’ is underway  (Read 334 times)
polynesia
Legendary
*
Offline Offline

Activity: 1260



View Profile
May 30, 2017, 12:36:06 AM
 #1

First blockchain project ‘Clear-Chain’ is underway

http://timesofindia.indiatimes.com/business/india-business/first-blockchain-project-clear-chain-is-underway/articleshow/58901149.cms

BankChain, the consortium of banking majors including SBI, ICICI Bank and DCB Bank has completed work on its first blockchain project. A blockchain is a decentralised and distributed digital ledger that records transactions across many computers in such a way that the registered transactions cannot be altered retroactively.

Titled Clear-Chain (c2), it is a permissioned blockchain for integrated and shared KYC, AML and CFT (Know Your Customer, Anti Money Laundering and Countering the Financing of Terrorism). While Clear-Chain is being tested across member banks, 4 others are expected to be completed in the next 4 months.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!