The GIFT City in India is adopting regulated blockchain for real estate tokenization, as the International Financial Services Center Authority launches a sandbox to attract global investment and enhance its financial prominence.
JPMorgan launches an ambitious dollar pilot project in India's GIFT City with local financial institutions, an initiative utilizing blockchain to improve the country's interbank transactions.
JPMorgan's blockchain experiment will be restricted to banks in India's GIFT City, an economic free trade zone that competes with international financial centers like Abu Dhabi Global Market.
