RippleNet platform is now being utilized for cross-border money transfer in Thailand : CryptoCurrency


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One of the largest banks in Thailand, Siam Commercial Bank has signed partnership deal with UAE Exchange and Unimoni. These two are brands of Finablr, a global platform for Payments and Foreign Exchange solutions.

Ripple’s blockchain-based platform allows cross-border transactions become truly real-time and seamless. Finablr also plans to extend this technology to other countries.

For this moment UAE Exchange and Unimoni become the first in their category in the Middle East to have adopted blockchain technology to process transactions.

Source (Finablr press release):

Original Source