India's largest lender State Bank of IndiaBSE -2.83 % will roll out beta launches of blockchain-enabled smart contracts by next month, according to Sudin Baraokar, head of innovation, SBI. Read more at://economictimes.indiatimes.com/articleshow/61715860.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
BankChain was formed in February with State Bank of India being the first member. It now has 22 Indian banks, including ICICI Bank, DCB Bank and Axis BankBSE -4.28 %, and five Middle East-based banks. BankChain has tied up with Pune-based startup Primechain Technologies to create these solutions.