IBM tests blockchain for supply chain with India’s Mahindra Group

digital computer blockchain isolated on white

01/12/2016

IBM and Indian multinational Mahindra Group hope to capitalise on blockchain technology to develop a prototype tracking tool for supply chain transactions.

In this report from CoinDesk, Mahindra Group said the prototype was a chance for it to test the blockchain waters.

The collaboration comes amid continuing interest among Indian firms for the latest tech offerings, with the report noting that various banks have been testing blockchain for use in cross-border payments and transaction settlement.