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.