eMulya, an intelligent blockchain product to be launched by an AI and blochain-based software product firm, Intain Fintech. This intelligent blockchain would help facilitate efficient, trustworthy and secure asset security transactions for NBFCs in India by the end of this year. According to Mr. Siddharth S., founder and CEO of Intain,if this product was launched in 2007-08 it could have prevented NBFC.
With 10 people in its global AI Lab that Intain has in Pune it is going to hire 15 more staff in Chennai for this purpose.
Mr. Siddharth reportedly said The firm had enough funds to carry its operation till 2019 and that it was about to raise $2 million.