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Wednesday, February 12, 2025 | 09:02 PM ISTEN Hindi

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How New Street Tech is transforming the finance sector through blockchain

New Street Technologies, a Bengaluru-based start-up, claims to have developed a blockchain platform that can help finance companies process loans in less than an hour

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Abhishek Kumar
It's said that everyone gets a once-in-a-lifetime chance to make it big in his/her life. But for 28-year-old Anjali Mehta when that opportunity came in the form of an overseas job in 2017, lack of financial support let her down. She applied for a Rs 1-lakh loan in two banks to fund her trip to Dubai, but by the time the money came, it was too late.

This, she laments, was only because the financial sector in India is still non-inclusive and works in a traditional manner. 

However, things have improved since then and especially with the advent of blockchain technology, experts

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