India’s Oldest Bank SBI joins JPMorgan Blockchain Payment Network

The oldest bank in India, State Bank of India (SBI), has partnered with US bank, JPMorgan, to leverage its blockchain platform to speed up international transactions. This is the first of such partnerships in India and shows the growing adoption of blockchain-based solutions by banks.  SBI to Integrate JPMorgan Blockchain Solution for Cross-border Payments The development was revealed today by local news outlet the Indiatimes. According to the report, the partnership will offer SBI immense benefits. One of which is…