Santander UK has developed a new payments app, in partnership with Ripple Labs, which uses blockchain/distributed ledger technology for international payments. The app is currently being trialled by Santander staff, but the bank has plans to roll it out before the end of 2016. Earthport’s Distributed Ledger Hub allows clients to execute transactions via the Ripple protocol and network, and Santander UK is a client of the group. We are not aware of any other approved distributed ledger solution f ....
31 May 2016
Santander launches blockchain app for international money transfers
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Santander launches blockchain app for international money transfers
Earthport (EPO:LON) | 0 0 0.4% | Mkt Cap: 72.6m
- Published:
31 May 2016 -
Author:
Singer CM Team -
Pages:
3 -
Santander UK has developed a new payments app, in partnership with Ripple Labs, which uses blockchain/distributed ledger technology for international payments. The app is currently being trialled by Santander staff, but the bank has plans to roll it out before the end of 2016. Earthport’s Distributed Ledger Hub allows clients to execute transactions via the Ripple protocol and network, and Santander UK is a client of the group. We are not aware of any other approved distributed ledger solution f ....