Toyota Explores Blockchain to Digitize Vehicle Ownership

The blockchain has gained popularity as it introduced cross-border transactions and the creation of borderless networks, which have become increasingly prominent in the real-world assets (RWAs) space. However, in this asset class, specifically mobility, it cannot be simplified and removed from boundaries created by commercial practices, regulations, and institutional frameworks. Toyota’s Blockchain Lab, the R&D…

Read More

Rs 2,929 crore loan fraud: After SBI, Bank of India tags Anil Ambani and RCom accounts as fraud; violation of terms cited

NEW DELHI: Bank of India classified the loan account of debt-ridden Reliance Communications (RCom) as fraudulent and also named its former director Anil Ambani, citing alleged diversion of funds in 2016, according to a regulatory filing.The move comes after State Bank of India (SBI) took a similar step in June this year. SBI had alleged…

Read More