KCN Indian banks choose Microsoft as cloud blockchain provider



  • India-based banking firms select Microsoft Azure as their exclusive
    cloud partner. According to Coindesk, State Bank of India, ICICI Bank
    and DCB Bank will use Microsoft’s Azure blockchain to host the nodes
    that will relay transactions on their distributed ledger systems. The
    first active project to use Azure will be Primechain-KYC, a closed,
    permissioned blockchain built by Mumbai-based Primechain Technologies.

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