The growing capabilities of blockchain and efforts of firms such as Auxesis and Cateina Technologies Pvt. Ltd (which worked on Bajaj Electricals blockchain) are making organizations open up to experimenting with blockchain. The idea of having private contracts in a blockchain is also referred to as a “permissioned blockchain”. The growing capabilities of blockchain and efforts of firms such as Auxesis and Cateina Technologies Pvt. Using blockchain, the identity data of people can be made even more secure so that others cannot easily access it.

Source: Mint December 07, 2017 19:30 UTC