NEW DELHI: Payments network NPCI is considering using highly scalable blockchain
solution to further strengthen digital payments, which have seen an exponential growth in
recent times.
A blockchain or distributed ledger is a continuously growing list of encrypted transactions called blocks. A block may contain any type of data such as unique digital identifiers of physical products
The National Payments Corporation of India (NPCI) is an umbrella organisation for all retail payments in India. It was set up with the guidance and support of the Reserve Bank of India and the Indian Banks Association (IBA).
To read the entire article, please visit:
https://economictimes.indiatimes.com/news/economy/finance/npci-mulls-using-blockchain-solution-to-strengthen-digital-payments/articleshow/68872909.cms (Accessed on April 22, 2019)
A blockchain or distributed ledger is a continuously growing list of encrypted transactions called blocks. A block may contain any type of data such as unique digital identifiers of physical products
The National Payments Corporation of India (NPCI) is an umbrella organisation for all retail payments in India. It was set up with the guidance and support of the Reserve Bank of India and the Indian Banks Association (IBA).
To read the entire article, please visit:
https://economictimes.indiatimes.com/news/economy/finance/npci-mulls-using-blockchain-solution-to-strengthen-digital-payments/articleshow/68872909.cms (Accessed on April 22, 2019)
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