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2019-12-27 07:12:45

Vajra Indian blockchain payment system goes live

Vajra Indian blockchain payment system is finally here! Indian cryptocurrency scene is still largely opaque. However, the National Payment Corporation of India (NPCI) has just announced that it will launch a payment system called Vajra that is based on blockchain and DLT. The platform will ensure super-speed, efficient and easier transactions. NPCI ventured into the distributed ledger technology realm to create a payments system that allows for high-speed, super-secure transactions in India. NPCI is an Indian organisation that dictates retail payments and settlements in the country. Monitored by the Reserve Bank of India, NPCI ensures that all the transaction systems