The Pune-based company uses algorithm, AI and heuristic cloud technology to spot fake products and provide business intelligence.

In sync with industry demand, business schools are offering electives to give students a feel of some new technologies they may work with.

HSBC executes India's first overseas blockchain payment for Reliance Industries; CIC sends show-cause notice to RBI Governor for not disclosing list of wilful defaulters; Delhi pollution: Over Rs 83 lakh penalty imposed on violators on single day; Rupee may fall to 76-level against dollar in next 3 months, says Report. Watch more in this episode of Business Wrap.

HSBC executes India's first overseas blockchain payment for Reliance IndustriesBritish bank HSBC has executed India's first financial transaction using blockchain for a deal involving an export by Reliance Industries to an American client. The blockchain-enabled letter of credit transaction was for a shipment from the Mukesh Ambani-led company to US-based Tricon Energy, and helped reduce the time required to process the documents. The statement claimed that the solution is a significant impro...

It can ensure cost effectiveness, quicker turnaround and also potentially unlock liquidity for businesses.

The blockchain platform was integrated with the electronic bill of lading platform to issue and manage an electronic bill of lading. This allows a digital transfer of the title of goods from the seller to the buyer in the underlying trade.

The Reserve Bank of India has maintained that any policy decision on the matter of cryptocurrencies lies within the purview of Central government.