minddeft.com - Blockchain Solutions for Business | Minddeft Technologies

Description: Revolutionize your enterprise with our secure, transparent, and scalable blockchain development services. Join the Carousel of Innovation and Success. Discover how we empower businesses across industries with smart contracts, NFTs, DeFi, and more. Read success stories and testimonials. Stay updated with the latest blockchain trends and insights. Contact us today for transformative solutions.

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After years of talk and hype, Indian banks are slowly taking the first steps toward moving a significant piece of financial infrastructure onto a so-called blockchain -- the engine that drives the cryptocurrency Bitcoin. Last October, ICICI Bank carried out India’s first international trade transaction and overseas remittances using blockchain. Since then YES Bank, Kotak Mahindra Bank and Axis Bank have also started harnessing the technological concepts underlying Bitcoin.

Financial institutions around the world have long been fascinated by blockchain technology -- created by a network of computers, where each transaction made has a digital signature that cannot be forged -- as it introduced a new way of executing and recording financial transactions without a central authority. Over the past two years, startups have begun throwing their weight around blockchain technology vying with giant Indian IT service providers such as Infosys and TCS, to create core banking platforms.

Cryptocurrency and Blockchain — the buzz words in the economy globally, are unique technologies disrupting the various sectors. Banks, financial institutions and many others are adopting blockchain technology faster than anticipated. Globally, this technology is widely accepted but in India it is still at nascent stage. Blockchain startups have started picking momentum in India and addressing various issues with the help of blockchain technology. Here is a compiled a list of some interesting startups in thi

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