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India's Payments Platform Varja Gets The Blockchain Ball Rolling

Summary: While the Indian government is uncertain about the use of cryptocurrency, the National Payment Corporation of India, or NPCI, officially announced its permissioned blockchain-based platform, Varja, to make the payment process easier, faster and more transparent. After detailed research, the NPCI has developed a distributed ledger technology mechanism to provide a highly secure, tamper-proof database ...

While the Indian government is uncertain about the use of cryptocurrency, the National Payment Corporation of India, or NPCI, officially announced its permissioned blockchain-based platform, Varja, to make the payment process easier, faster and more transparent. After detailed research, the NPCI has developed a distributed ledger technology mechanism to provide a highly secure, tamper-proof database for various payment procedures.

Tracy Chen

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