You are here

SUBSCRIBERS
BT EXCLUSIVE

Cryptocurrency player Ripple keen to set off blockchain waves in Singapore

Firm offers technology to banks to speed up cross-border payments from days to seconds

BT_20180110_JLRIPPLE_3255747.jpg
Banks hold capital and collateral against settlement risks, so a reduction in settlement time would translate to huge savings in the trillions, says Mr Garlinghouse.

Singapore

FRESH from setting up an office in Singapore in September, Ripple - the blockchain firm behind what is now the world's second-most valuable cryptocurrency after bitcoin - is keen to engage the key financial centre in ways to develop the use of blockchain technology, said its top...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes