Tag Archives: minimize

London-based think tank says Ripple’s XRP remittance platform can minimize intermediaries and increase the speed of international payments

[ad_2][ad_1] Ripple’s XRP remittance platform has the potential to simplify and increase the speed of international payments, according to a new report from a London-based financial think tank. The Official Forum of Monetary and Financial Institutions (OMFIF), an independent think tank for central banks, economic policy and public investment, highlights …

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The South Korean bank uses the blockchain to minimize human error

[ad_2][ad_1] The second largest bank in South Korea uses blockchain technology as an attempt to reduce human errors. Many industries have recognized how blockchain technology can improve the efficiency of various internal processes. Among these is the banking sector that has been reported to have embraced technology for many purposes, …

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