Federal Bank uses Corda blockchain for its Remittance App

Federal Bank uses Corda blockchain for its Remittance App

The Federal Bank based in India has associated with DigiLedge, a blockchain company, aimed at the development of CorDapp to bring ‘faster and cheaper’ remittances in India. The CorDapp is based on the Corda blockchain developed by the R3. The CEO of DigiLedge, Mahesh Govind emphasized that Corda provides ‘confidentiality and privacy of business transactions.’

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