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Federal Bank of India to Use Ripple’s Blockchain for Cross-border Payments

Federal Bank of India to Use Ripple’s Blockchain for Cross-border Payments – BTCNN

In a bid to enhance cross border payments between Federal bank and other financial institutions, the India-based bank will be employing Ripple’s Blockchain technology. A press release on March 28 revealed that Ripple and Federal bank have entered into a partnership in order to facilitate these payments.