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Tuesday, April 16, 2019

NPCI mulls blockchain to boost e-payments

A blockchain or distributed ledger is a continuously growing list of encrypted transactions called blocks. A block may contain any type of data such as unique digital identifiers of physical products. The National Payments Corporation of India (NPCI) is an umbrella organisation for all retail payments in India. It was set up with the guidance and support of the RBI and the Indian Banks Association (IBA).

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