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Posts tagged as “ICICI Bank”

ICICI Bank onboards 250 Corporates on its Blockchain Platform

Indian Banking giant ICICI is moving ahead with their blockchain based trade Finance initiative. The company has enlisted more than 250 corporates to undertake domestic and international trade finance transactions using ICICI’s blockchain platform. The inclusion of corporates comes in line with ICICI’s successful completion of blockchain based cross-border transaction for trade finance with Emirates NBD in 2016. The Corporate firms signed up with the Bank to use their blockchain technology…

Crypto Crackdown: ICICI Bank Closes Account of High Value Traders

As the government still acts clueless over the matter of Cryptocurrency, we received information that the banks are taking action over individuals trading in cryptocurrencies like Bitcoin, Ethereum, Ripple and other Altcoins. ICICI Bank, India’s premier bank sent notice of Account closure to Mr. Aniket, who’s name has been changed as he wishes to remain anonymous. Here’s a small excerpt from the notice. We would like to inform you that…