Posted on 07-Oct-2019

Kaytek Computer Services Pvt. Ltd

It is shocking that a country that can successfully in it's maiden attempt send the world's cheapest spacecraft to the planet Mars, cannot implement modern technologies to safeguard the interests of it's Billion plus population.

The series of bank frauds since the past few years culminating in the shocking scam of PMC (Punjab & Maharashtra) Co-operative bank needs urgent action on part of the authorities.

India's central bank regulator, the Reserve Bank of India (RBI) has long advocated the use of Blockchain's Distributed Ledger Technologies to minimize fraud in the banking system.

It is high time they immediately implement the same.

The time to act is NOW.
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