Axis Bank issues financial contract on state-backed blockchain platform
India’s Ministry of Commerce and Industry developed the SLDE platform for transferring documents using blockchain-based security protocols. Indian financial services giant Axis Bank issued a financial contract between two domestic businesses by using a government-backed blockchain platform called Secured Logistics Document Exchange (SLDE).SLDE was developed and released on Jul. 28, 2021, by India’s Ministry of Commerce and Industry to serve as a digital document exchange platform that uses blockchain-based security protocols for data security and authentication. According to the official....
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