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Author Topic: India's largest private Bank embraces Blockchain  (Read 158 times)
btc_angela
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August 11, 2018, 07:55:12 PM
 #41

I think that this is good news because blockchain is a good smart technology and both banks and businesses can benefit from it much. In my opinion, it is better to use the blockchain knowing the system from inside

Did you know that banks are one if not the first one to really benefited from Blockchain Technology? But the ironic part is that they are hostile against bitcoin and crypto in general, but they appreciate the same technology behind crypto. Regarding India, seems to be that they are still divided and we might see a sudden U-turn if the Supreme Court of India suddenly reverse their decision upholding RBI's ban.

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August 11, 2018, 08:04:20 PM
 #42

As the subject line mentioned, the largest private sector bank in India, ICICI Bank embraces the power of Blockchain technology. As a trial run, they have initiated this technology transformation with one of their counterparts Emirates NBD in Middle East. While going through my personal Linkedin profile today, I found the below update,

https://www.linkedin.com/feed/update/urn:li:activity:6397396738059132928


The change is imminent! The sooner they adopt it, the better!

India’s largest private sector bank has a rich legacy of leveraging the latest technology to bring in new paradigms in banking. We can expect collaboration with peer banks and other partners to create an ecosystem in the banking sector they can contribute even greater adoption of this initiative.

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August 13, 2018, 04:50:18 PM
 #43

India is a huge market, I want it to happen sooner! It will be a push for development!
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August 14, 2018, 09:55:25 PM
 #44

If Blockchain system really gets involved with ICICI bank, it's gonna be such a moment in the history of Blockchain. India has one of the densest population in the whole world, and getting blockchain involved with the largest private sector bank in there, it's gonna be a really opportunity for Blockchain system to grow rapidly.         
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August 14, 2018, 10:00:24 PM
 #45

If the private banks can embrace the blockchain , the government may likely allow bitcoins and crypto-currency in no distant future. could be they are developing suitable infrastructure for it 
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