CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which bank in India has recently tied with JPMorgan to go live Skills Blockchain technology “Liink” of the US-based bank?
A
SBI
B
ICICI Bank
C
PNB
D
HDFC Bank
Explanation: 

Detailed explanation-1: -The State Bank of India (SBI) has tied up with the US-based bank JP Morgan for using the latter’s blockchain technology to speed up overseas transactions.

Detailed explanation-2: -State Bank of India has tied up with JPMorgan to use the US bank’s blockchain technology to speed up overseas transactions. The tie-up is expected to reduce SBI customers’ transaction costs and time taken for payments.

Detailed explanation-3: -J.P. Morgan announced today that Deutsche Bank is joining as a founding member of the Confirm product to guide its strategic expansion.

There is 1 question to complete.