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Vedanta,Yes Bank and MonetaGo to Pioneer Digitalization in India's Commercial Paper Market

Financial technology solutions provider MonetaGo has today announced that a commercial paper has been digitally issued in Asia for the first time using blockchain technology. MonetaGo completed this transaction through a partnership with banking services provided by Yes Bank and the issuer Vedanta, a natural resources conglomerate.



India's highly-regulated commercial paper market involves huge amount of paperwork to be prepared by the Issuer for every transaction.


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