India’s Blockchain consortium BankChain has formed a cloud partnership with Microsoft. This partnership will enable India’s largest banks to use and share Microsoft’s Azure Blockchain.
Launched in February 2017, BankChain is known as India’s largest Blockchain consortium.
The consortium was established by the State Bank of India (SBI), India’s largest bank.
At the same time, giant companies such as IBM and KPMG are working with BankChain for the research, development and implementation of Blockchain applications.
Microsoft will not only work with BankChain, but also with Indian blockchain startup PrimeChain Technologies.