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  SBI Ripple Asia tests DLT with Japanese and South Korean banks | Bit Updates
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SBI Ripple Asia tests DLT with Japanese and South Korean banks

Tuesday, September 12th, 2017 | bitcoin updates

SBI Ripple Asia is reportedly to test a method for money transfer by DLT between Japan and South Korea by the end of the year.

SBI Ripple Asia is a joint venture between the Japanese financial services provider SBI and Ripple. At the beginning of the year, the company had already launched a bank consortium to work to spread Ripples technology in Japan.
The company is now working with DAYLI, a Korean provider of blockchain and AI solutions, to export DLT applications to South Korea.
SBI Ripple Asia was founded in early 2016 to promote the use of ripple products and services in the Asian market. Specifically, Ripple had a strong presence in the Korean market last month.
English-language original version via Coindesk.

About Tobias SchmidtTobias has been working as an editor in the BTC-ECHO team since August 2017.View all posts by Tobias Schmidt

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