© Shilpa Karkeraa 2020
S. KarkeraaUnlocking Blockchain on Azurehttps://doi.org/10.1007/978-1-4842-5043-3_4

4. Permissioned Blockchains in FinTech

Shilpa Karkeraa1 
Mumbai, India

Remember XORO? Let’s bring XORO back to life.

After a lot of international shows, he decides to celebrate his daughter’s birthday in two days with a grand celebration. He plans to hire an events management company, ROX, to design the celebration. To kick it off, he needs to deposit a large amount of money.

Being in the United States, XORO goes onto the bank website and tries to initiate a wire transfer. ROX has an account in London. Severe panic arises when the transfer delays longer than the intended time due to an intermediary being involved. XORO worries about the money, ...

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