Blackstone Holdings' Indian Technology Company and Bitfury Cooperative Trade Finance Service Project

According to Cointelegraph, Mphasis, an Indian technology company controlled by Blackstone Group, a US multinational private equity firm, has partnered with blockchain technology giant Bitfury to develop a trade finance project. In order to develop a joint trade financing service, Mphasis will use Bitfury's open source framework to build the blockchain application Exonum.