Big international financial organizations test blockchain platform for the work with securities. The conglomerate includes such companies like JPMorgan Chase, Citi, Credit Suisse, Goldman Sachs and BNP Paribas. The decentralized system will increase the speed of transactions and exclude errors. Complicated trade and finance processes require non-changeable data. And the technology of blockchain fits for these purposes the best, so the projects participants.
The State Bank of India (SBI) is to introduce soon several client services based on the technology of the distributed register. The new products will perform smart contracts and identify users. The technology of blockchain will make all processes faster, more convenient and safer. Trial versions of applications will be used by almost 30 partnerin banks of SBI in a month.
Amazon plans to launch the secret data processing center AWS Secret Region for US secret services and other state institutions. Employees of the government will be able to store confidential information as well as exchange data through a cloud service. Amazon has already obtained the corresponding permission that means that AWS Secret Region meets the most stringent security requirements of the US Government.