This article was first published on: Insights – Ripple --
SBI Ripple Asia has today signed a partnership agreement with DAYLI Intelligence, a subsidiary of DAYLI Financial Group, to bring Ripple’s enterprise blockchain solutions for cross-border payments to the South Korean market.
DAYLI Intelligence provides blockchain solutions and AI-based technology infrastructure for financial institutions and will work with SBI Ripple Asia to enable instant cross-border payments between customers in Japan and South Korea, as well as other global markets. The blockchain-powered payments solution will enable round-the-clock settlement at a significant savings to both banks and consumers across the region.
Commenting on the partnership, Takashi Okita, CEO of SBI Ripple Asia, said: “South Korea is one of the most active markets worldwide when it comes to blockchain innovation and trading of digital assets. With trade flows into and out of the country totaling $960 billion every year, we also see a high and growing demand for Ripple’s fr...
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