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Indian multinational, public sector banking and financial services company, State Bank of India ( SBI) has announced plans to launch blockchain-enabled smart contracts and Know Your Customers (KYC) by next month, said Sudin Baraokar, head of innovation, SBI. These applications are part of BankChain pilot projects, a community of 27 banks exploring and building blockchain […]
The post BankChain In Action: SBI To Use Blockchain For Smart Contracts & KYC appeared first on Inc42 Media.

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Reference : https://inc42.com/buzz/bankchain-sbi-blockchain-kyc/