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BankChain was announced on 8 February 2017 by State Bank of India (SBI), India's largest bank. [1] [2] BankChain members included the State Bank of India, ICICI Bank, DCB Bank, Kotak Mahindra Bank, Federal Bank, Deutsche Bank and UAE Exchange. [3] BankChain was formed in collaboration with Primechain Technologies, a Pune-based startup. [4]
The number of newly founded startups has increased from 733 in 2016–17 to over 14000 in 2021–22, making India the third largest startup ecosystem in the world after the US and China. [3] Among them, around 6600 startups have been in the FinTech industry, evaluating a market value of US$31 billion in 2021. [ 4 ]
Infibeam Avenues was established in 2007 by Vishal Mehta. [8] The company was listed on the BSE and the NSE in 2016.. It provides its marketplace software platform, BAB, to two of India's four largest eCommerce organisations – GeM and JioMart.
Liink, JPMorgan’s blockchain banking network, is based on a fork of Ethereum.
Recently, US-based market research firm International Data Corporation predicted that global blockchain spending will account for almost $2.9 billion in 2019, which is an 88.7% increase from 2018 ...
The participating start-ups were invited to take up Angel Broking's stated challenge of “Real-Time Social Profiling of Customers”. Blue Ocean Market Intelligence presented its solution [buzzword] developed on its proprietary "Digital Persona and Insights Solution" platform, HelloSoda India's solution [buzzword] was built on its “PROFILE ...
"Fintech", a clipped compound of "financial technology", refers to the application of innovative technologies to products and services in the financial industry.This broad term encompasses a wide array of technological advancements in financial services, including mobile banking, online lending platforms, digital payment systems, robo-advisors, and blockchain-based applications such as ...
A distributed VC ecosystem. Cofound.it is a distributed global platform that connects exceptional startups, experts and investors worldwide. It will first be built by the blockchain community for the blockchain community — and then for the whole world. [citation needed] 43 Coolest Cooler: Computing hardware Kickstarter: Aug 29, 2014: $50K ...