CURRENT AFFAIRS

2016

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which bank became the the first Indian lender to complete a banking transaction using Blockchain technology.
A
SBI
B
ICICI Bank
C
HDFC Bank
D
Axis Bank
Explanation: 

Detailed explanation-1: -Mumbai: ICICI Bank, India’s largest private sector bank, has become the first bank in the country to introduce blockchain technology in banking transactions on a pilot basis.

Detailed explanation-2: -In this current cycle, the most active investors based on the number of investments in blockchain companies are KB Financial Group (8), United Overseas Bank (7), Citigroup (6), Goldman Sachs (5), and Commonwealth Bank of Australia (4).

There is 1 question to complete.