Interesting in the section: xRapid payment system. Cryptocurrencies and banking
Ripple reported this at InvestInBlockchain, the company signed a new contract with the Federal Bank, one of the leading Indian banking institutions.
The deal is to make faster and cheaper international payments to all customers of the Federal Bank.
In the official release, the Federal Bank Secretariat announced: "The Federal Bank entered into a partnership with Ripple Inc., a global money transfer company, for cross-border transfers through its network. Thanks to Ripple’s blockchainBlockchain
is a continuous and sequential block chain of information (digital linked list). When building a blockchain, copies of related blocks are simultaneously stored on multiple computers.Details platform, cross-border transactions will be much safer."
Interesting in the section: MyEtherWallet – browser wallet for Ethereum and ERC-20 tokens
Ripple has announced a new partnership with the Federal Bank of India. The partnership should allow Federal Bank customers to send money across the border not only safely and quickly, but also cheaply.
Editor: Pereyidenko Ihor