IBM has partnered with India ’s Mahindra Group to develop a blockchain - based solution to streamline the credit discounting process across the country . As a successful proof of concept , the development aims to facilitate suppliers ’ credit and make the discount available to new participants and products while improving security and transparency .
IBM has partnered with India’s Mahindra Group to develop a blockchain-based technology to streamline the invoice discounting process across the country. Following a successful proof of concept, the development aims to facilitate suppliers accessing credit and make the market available to new participants and products while improving security and transparency.