Indian tech firm Mphasis — majority-owned by the American multinational private equity firm Blackstone (NYSE:BX) Group — has partnered with blockchain tech giant Bitfury on a trade finance project, Reuters reported on May 28.
The report notes that Blackstone owns 52.3% of Mphasis, which is listed on the National Stock Exchange of India. According to Reuters, details of the Mphasis-Bitfury project are still evolving, but Mphasis’ senior vice president and global head of payments Andres Ricaurte has reportedly stated that:
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