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in #crypto • 7 years ago

https://www.ccn.com/ripple-partners-saudi-arabias-central-bank-plug-banks-blockchain/

Fintech giant Ripple has inked a new partnership with the Saudi Arabia’s defacto central bank to pilot instant cross-border payments on a blockchain among domestic banks in the region.

The Saudi Arabian Monetary Authority (SAMA), the central bank for the Kingdom of Saudi Arabia (KSA), has entered an agreement with Ripple to launch a sweeping blockchain pilot that will see regional participating banks use Ripple’s enterprise blockchain for ‘instant’ international payments, an announcement revealed today.

https://www.ccn.com/ripple-partners-saudi-arabias-central-bank-plug-banks-blockchain/

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