It might take longer than you think for the future of banking to arrive
Ripple Labs has been developing an infrastructure for sending international payments between banks using blockchain, according to Fast Company. But instead of relying on a digital currency like Bitcoin, they’ve created XRP, a “digital asset” that carries value across distributed ledger technology. Even with these advancements, blockchain payments have a long way to go before becoming mainstream.
Canright client Synechron launches six blockchain solution
While Ripple Labs is developing its international blockchain payments platform, Synechron, a business consultancy firm, has launched six blockchain accelerators to save banks and companies time and money required to build their own blockchain infrastructure.
Canright partnered with Synechron’s marketing and PR team to create a campaign we call Blockchain Now. Covering cross-border payments, trade finance, OTC derivatives, KYC, mortgage, and insurance claims, the accelerators use Ripple, Ethereum, Hyperledger, and Eris.
