Topic: [2016-07-20] Mizuho Financial Group To Trial Ripple Blockchain Technology (Read 248 times)
July 20, 2016, 12:31:22 PM
It will be interesting to see how this new partnership will affect the future of blockchain technology,Ripple is positioning itself in a high-volume trade region, where remittance payments are the norm.Japan is a busy area in this segment, as institutions process over US$1tn in annual cross-border payments.
July 20, 2016, 07:55:02 AM
What Ripple blockchain technology does is give banks a way to transact directly with real-time certainty. Moreover, the distributed ledger technology provides greater transparency and control throughout the entire process. The R3 consortium will be involved in this trial as well, as they will lend consulting services to the involved parties.Mizuho Financial Group is part of the R3 Consortium as well.
http://fintechist.com/mizuho-financial-group-trial-ripple-blockchain-technology/
http://fintechist.com/mizuho-financial-group-trial-ripple-blockchain-technology/
Jump to: