While the buzz around blockchain is high, it is still evolving (it is in its second version currently) and there are challenges to its adoption
On 22 November, Axis Bank became the first financial institution in India to launch instant international payment services using Ripple’s enterprise blockchain solution. Prior to that, on 10 November, Hewlett Packard Enterprise Co. introduced blockchain-as-a-service that can help companies “deploy blockchain solutions quickly and easily". And earlier in the same month, Primechain Technologies Pvt. Ltd, which operates a blockchain community of banks called BankChain, announced that the State Bank of India is working towards a “safer, more secure banking system in India through its implementation of blockchain solutions with BankChain and Intel".
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