Global Partnership on Migration and Development (KNOMAD) recently announced that Ripple's Global Head of Infrastructure Innovation, Dilip Rao, will deliver a speech at a major upcoming event. It will take place at World Bank. The Ripple representative will talk about the benefits of RipleNet during the event.
KNOMAD it is an open, inclusive and multidisciplinary brain trust for the global migrant community. The next event will focus on Distributed Ledger Technology (DLT) for the innovation of payment infrastructure. It will take place on 29 November 2018.
The official announcement stated that "the speaker will present the qualities of the DLT that solve the fundamental points of the paint as costs, speed and transparency".
Meanwhile, the initial announcement of the event by KNOMAD said: "Join us for a seminar to discuss how Distributed Ledger Technology (DLT) technology is reversing the way money is transferred beyond the borders Discover how technology can solve the problem of costs, speed and transparency of money transfer ".
In his name, Rao commented on recent news on his official Twitter page. The Message says: "honored to be invited by Global KNOMAD and the World Bank who are pushing for cheaper and faster remittances".
More information on the event
The official page of the event confirms the full title of "Distributed Ledger Technology (DLT) for the innovation of the payment infrastructure" for the event. He also informs that it will be held at the World Bank's main building in Washington DC.
The message also provides a brief description of the event. It reads: "The seminar will discuss how the DLT is reversing the way people transfer money across borders today …" He also announced that the Discussant of the event will be Harish Natarajan; Lead Practice Global Specialist, Finance, Competitiveness and Global Innovation Practice at the World Bank. Furthermore, the president is Dilip Ratha; Head of KNOMAD, Lead Economist, Migration and Remittances, Social Protection and Jobs Global Practice at the World Bank.