Question

Bankchain is an example of which blockchain

Answer 1

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Bank chain is an example of Public Blockchain. BankChain is a network of banks for investigating, fabricating and executing blockchain arrangements.   Which was created in February 2017, BankChain has 37 individuals and 9 live ventures.  

BankChain is a block chain-based stage for investigating, constructing, and executing block chain arrangements.

In view of blockchain innovation, BankChain guarantees to bring straightforwardness, productivity, and security to the banking industry.  

Bankchain is additionally a network of banks that are investigating and building blockchain-based applications.

Answer 2

Bankchain is an example of blockchain software for the banks. It is a platform that is implemented for the banks for using the blockchain software.

Explanation:

• There are a number of banks in India that are using the blockchain software like the State Bank of India, ICICI Bank, Kotak Mahindra Bank, Federal Bank, Deutsche Bank, and many more other banks.  

• This software has been made by a Pune Start-up company and it has been made in collaboration with Primechain Technologies.