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Blockchain Applied  •  
February 19-20, 2019

# cross-border payments News

August 20, 2018 by at Altcoins, Exchange, Finance, News
On August 16, 2018, San Francisco-based blockchain startup Ripple announced the addition of three crypto exchanges as preferred partners to its flagship cross-border payments product xRapid. Ripple’s XRP has long been criticized as a token with zero utility; however, the new partnership with crypto exchanges is a step forward in...
Kuwait Finance House (KFH), the first commercial bank in the State of Kuwait established in 1977, announced on May 26, 2018, that it has begun testing Ripple’s blockchain protocol to settle instantaneous global payments and remittances in a decentralized manner. More Partners, More Momentum The deal between KFH and Ripple...
India’s second-biggest software service exporter, Infosys Limited, has developed a custom blockchain-powered trade finance network in a bid to overcome fraud in the Indian banking industry. To start, seven private lenders will test the trade finance network to increase security and transparency in the finance sector. Blockchain to Combat Banking...
San Francisco-based Fintech firm, Ripple, the proud creator of the Ripple (XRP) altcoin is unrelenting in its efforts to become a formidable force in the cryptocurrency ecosystem. On May 1, 2018, an Omanis bank has joined the growing list of financial institutions using the Ripple enterprise blockchain network, RippleNet. The...
For Ripple, there's no slowing down on its partnership spree. On April 26, 2018, the world’s third-largest cryptocurrency (by market cap) announced the addition of five new clients - from Europe and Asia - for its corporate payment solution, xVia. Global Collaboration According to a press release, the five companies...
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