Santander Banking Concern Announces Conception Using Ripple Tech To Transcend Away Kickoff Banking Concern Doing Large-Scale Blockchain Transactions...

International banking giant Santander is developing what they're calling an 'international coin transfer app' - which volition apply blockchain-based xCurrent, too RippleNet products.

“We volition live on the get-go large retail banking concern to demeanour out cross-border payments at scale alongside blockchain technology.” said Santander CEO Nathan Bostock.

No theater unloosen appointment set, yet, "This spring, if non 1 beats us to it" says Bostock.

Santander banking concern has taken business office inwards ii rounds of Ripple investing, inwards both 2015 too 2016 - believed to full over $4 million.

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Author: Oliver Redding
Seattle News Desk