Blockchain Technology (BCT) is one of many promising technologies: RBI https://www.taxtmi.com/news?id=26209 Blockchain Technology is recognized among innovative technologies and is eligible for testing within a regulated Regulatory Sandbox, allowing innovators to apply for controlled trials. The sandbox has not designated specific use-cases for banks, but under its Cross Border Payments theme participating entities have tested blockchain-based applications, reflecting an experimental regulatory approach to cross-border payment innovations. en-us Tue, 07 Feb 2023 18:11:06 +0530 Tue, 07 Feb 2023 18:11:06 +0530 TaxTMI RSS Generator Blockchain Technology (BCT) is one of many promising technologies: RBI https://www.taxtmi.com/news?id=26209 Blockchain Technology is recognized among innovative technologies and is eligible for testing within a regulated Regulatory Sandbox, allowing innovators to apply for controlled trials. The sandbox has not designated specific use-cases for banks, but under its Cross Border Payments theme participating entities have tested blockchain-based applications, reflecting an experimental regulatory approach to cross-border payment innovations. News - Tue, 07 Feb 2023 18:11:06 +0530 https://www.taxtmi.com/news?id=26209