SBI will start using blockchain technology for ‘smart contracts’ and KYC from next month
Both these features are a part of ‘BankChain’, a community of 27 banks who have joined hands to explore blockchain technology and build banking solutions.
Microsoft launches Azure Data Box having a storage capacity of up to 100 TB
The box is secured with 256-bit AES encryption. It also follows Microsoft’s SMB and CISF protocol. Microsoft has partnered with companies like Commvault, Veritas, NetApp, Avid, Rubrik, and CloudLanes.
Microsoft announces 'Coco Framework' to remove complexities of blockchain technology
With a rise in the adoption of blockchain technology, Microsoft announced 'Coco Framework', an innovation that aims to reduce complexities for enterprises.
Microsoft Azure to be BankChain's exclusive cloud partner
Blockchain is a data structure used to create a digital transaction ledger which, instead of resting with a single provider, is shared among a distributed network of computers.