Malaysian Banking Group CIMB Taps Ripple for Blockchain Remittances

For those in the know Ripple is nothing to shout about, except that they are successful “business wise”. And banks buy brands instead of solutions due to the deepening root of blind trust in big names, just like the public’s blind trust in banks.

Well in any case, it’s not a bad thing to show the nons while they are celebrating the death of bitcoins…

Malaysian Banking Group CIMB Taps Ripple for Blockchain Remittances

Malaysian banking group CIMB has joined Ripple’s blockchain-based payments network, RippleNet, seeking faster cross-border payments.

A strategic partnership between the firms addresses the need for “speedy and cost-efficient international payments” across the ASEAN (Association of Southeast Asian Nations) region, Ripple said Wednesday…..

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