Indian Central Bank’s Research Arm Explores Blockchain Applications
Financial institutions worldwide are exploring the benefits promised by blockchain technology. The research is moving beyond the hypothetical stage to proof of concept and planning. The Institute for Development and Research in Banking Technology (IDRBT) established by the Reserve Bank of India – India’s central bank – recently explored blockchain applicability to the Indian banking and financial industry by conducting a workshop with bankers, academicians, regulators and technology partners. The participants produced a white paper [PDF] detailing the areas of adoption in the financial....
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