Which bank has become the first Indian lender to execute banking transaction via blockchain technology?

Which bank has become the first Indian lender to execute banking transaction via blockchain technology?
[A]State Bank of India
[B]HDFC bank
[C]ICICI bank
[D]Axis bank

ICICI bank
ICICI Bank has become the first Indian lender to complete a banking transaction using blockchain technology. This remittance transaction has been completed in partnership with Emirates NBD, a lender from the West Asia. Blockchain is a digital ledger which keeps real-time record of each and every transaction and is shared among a distributed network of computers, more like a shared spreadsheet.

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This question "Which bank has become the first Indian lender to execute banking transaction via blockchain technology?" was published on GKToday on October 19, 2016 at 9:58 am. For Current Affairs Questions Archive Click Here. For General Knowledge Questions Archive Click Here.

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