Thursday’s blockchain and crypto news, from Asia and beyond
Indian anti-bank-fraud blockchain partnership launched: A supply-chain fraud-prevention blockchain-based pilot has launched in India. The project, a partnership between Swift India and New York’s MonetaGo will be trialed on a domestic network of leading Indian banks. It follows the 2018 deployment of MonetaGo’s Fraud Mitigation Network in India. MonetaGo’s platform, that sits on the Hyperledger blockchain network, works to allow banks to “securely and confidentially” share information that will help reduce electronic fraud.