IBM eyes blockchain trade finance in India

IBM has been vocal about its support for and faith in blockchain technology in recent months. In September, the technology conglomerate said blockchain is headed for mainstream adoption, predicting that towards the end of 2017, 15% of top banks around the globe will be running solutions built on distributed ledgers. In India, IBM is hoping to promote that mainstream adoption of blockchain with multinational company Mahindra, which operates Mahindra Finance. On Wednesday, reports said IBM and Mahindra are developing a blockchain-based trade finance solution to offer banks in the country. Read more: pymnts.com